Lessons:
-on the front side on 2nd trade, shorted into weakness, PATIENCE!!!! man!
-On the back side, shorted into weakness again at $3 and got shaken out at $3.10.
-at the EOD, made $314 but traded it terribly!!! overtrading is just stupid and wrong
-great trade, bought it due to ATV's craziness and anticipation of late day shorts panicking squeeze.
-got out as soon as saw signs of weakness and remained objective.
-on hindsight "yes" I should have shorted but to scared to be wrong. Remember, as long as shorting with set risk is good trade. traded it okay but far from great
-another account terminator and every time I saw a ridiculous spiker like this, I was thinking how many people was fucked and really appreciated and cherished everything I've had
-the key to trade it, long/short is with set & tight stop loss order in place!!!!
-I knew this pig could fly to the moon and even gap up tomorrow morning because this thing is illogical and counter-intuitive and fundamentals.
-I would probably catch the secondary spike if not went out to check my boss's new Maserati Gilbli, 10 min taking photos and hitting throttle costed me more than $1k. how funny was that.
-putting the self in the shoes of shorts can really prepare myself for the trade, just imagine that if you were short, at what point you will freak out!! the late day "reclaim" action triggered the squeeze.
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