Monday, March 7, 2016

3/7_LINE, EPE, SDRL_buy dips in hot market


















-this market's craziness is far beyond what a rational man could imagine. Shorting into morning parabolic at $1.64 in one shot and didn't cover when it pullback. Using IB under PDT to short a stock that doesn't workout is tough. Feeling reluctant to cover. Sighing... Threw discipline and stop loss away!!! As result I paid the price-$700 for my mistake.


















-Shorting this thing and refused to cover on the front side of the move. Trying to pick the top and ended up having terrible avg-same mistake that I repeated over and over again. Can't help it. The only right thing I did was buying it after my cover and made some back so the outcome wasn't as bad as it was.

























-Longed this crowded and ridiculous runner with avg. $6.36 o/n risking $6.00 over/under. The entry was bad because I wanted to get in ASAP afraid of missing out EOD spike. But according to my analysis lots of people should have shorted today risking $6.00. As long as this sector remains hot and this thing hanging around above $6.00 it could potential push towards the former high and breakout. wake up early tomorrow to see the action

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