Tuesday, December 22, 2015

12/22_PSDV_Another Huge Lesson!

-Had a shot but let it go. 
-Was influenced by Twitter noises-AT09 and Dan William and couldn't pull the trigger. 
-Had a chance to short into morning pop risking premarket high but didn't do it. 
-Was subconsciously hoping that it could trap shorts and momentum could keep up and do midday b/o
-This thing is EXACTLY like SPHS, traded thickly premarket-1.6m premarket volume and after the market opened the momentum reversed. Again I allowed myself to be influenced by others and missed the big time. Independence is the key to success!
-Starting today, do everything independently!!! No twitter, no chatroom before any trades. Focus on the price action and volumes!!
-Rather eating small loss/stopping out than missing opportunities! Fearless but never reckless! This feeling is shitty as hell, even worse than taking a trade and lost.
-Trade what you see, NOT what you think!!!!

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