5/31_BOSC, VSLR, APHB

Very good, sensing crowded so got out. You can feel whether it's crowded or not by being part of the trade and it was extremely hard to cover at low price you knew that there were others trying to cover above your price. Should have flipped and went longed earlier due to low float and massive volume but not fully convinced it could run until HOD break. But still good trade because I didn't let disaster happen and caught myself in add add add scenario.

Frustrated one, tried 3 times shorting but didn't workout. Got out when trend broke. good trades tho.

Midday para shorting and adding due to weakness. big 30k bidders chasing all the way up to cover as thought by texmex in the chat. covered when it was basing and I needed to go out lunch. Never overstayed.

5/27_RLYP, TTNP, VSLR, NERV, STKL_Nice day today, all trades worked out

RLYP is most biggest gainer today, workout nicely.
However the ONLY regret I have is not re-shorting TTNP as I was busy with RLYP. Could have done much better, need to work on multi-tasking skil!

5/26_NERV_Got emotional and broke my rule!!!!

Ridiculous runner that went from $3 to $15. I was careful not shorting it too early but only waited till sellers stepped in and momo shifted to short. $13.50 resistance is pretty solid so I stepped in. Tough to hold on to short when you see basing action so got out all before market opened.

The drama started after the market opened. Got perfect short after seeing strong sellers on lvl2 and I was up $1500 but didn't take profit. I didn't aim for homerun but the lvl2 and times and sales tells me that it could keep going downward and the LOD cracking got me further convinced that it could just fade back down but boom it started uptrending and according to my thesis $9.25 shouldn't be touched so I got out as result I turned $1500 profit into $0. It continued ripping so I took long position thinking HOD could breakout and that's powerful bullish signal so I took massive long position anticipating HOD breakout, holds and continue ripping. As the result it did make new high BUT stuffing at the peak and came back down. $10 couldn't hold that's a very bad sign and I should sell but didn't and ended up selling at the bottom.
After I sold I thought that was it, morning spike failed and now it could probably just fade back down but wrong again!!! It couldn't make new low but gearing up slowly. However I kept my short biased the entire time because the chart tells me lots of  "stuffing" action at the VWAP and $9.40 and $9.50 area. Again this is the mistake Nikko made, Yes there are lots of stuffing action BUT the trend holds the whole time!!!!! When trend holds, it can continue go so should be buying on dips. But again I couldn't buy it due to memory of VKTX, AVXL that I thought it would probably be stuffed a couple times then cracked. The entire time I remained short biased because the lvl2 and t&s say so.
Until the $10 got breakout and consolidate and HOD breakout then I realized I was wrong and then went long. Yes that was chase but it was afternoon breakout on huge volume on this 10m float biotech stock so I decided to chase. The stock was trending up very nicely and I told myself to only sell when the first bearish sign appear. Even at the peak I didn't sell because that was above $12.50 and it holds so I thought it could continue march higher into the power hr. Again wrong!!!! it changed the course of direction and order started hitting bids at $13, 12.80, 12.60 then I started to realize "shit, trend's changed" then I use market order to get out.
Very rough day today!!! went from Up big to Down big then Up big in the afternoon and ended up taking tiny part of it. Should got out earlier knowing my entry was chase. Sadly for Nate who has entry with avg. $9 something but didn't sell much at $12, $13 and now here must be a little pissed of it. Day trading is about taking profit and cutting loss quickly. Even when things are going well and smooth, always always always lock in some!!!! You never know what would happen the next second!

5/25_OPXA, SRPT, NMBL

Speculative trade, Eric and Emil in the chatroom went short and I believe most people did given the fact that it was up on FDA delay approval and the sentiment so I went long initially risking $22.25 but wrong, could have cut loss quicker but a little hesitation.
After drew the trendline and given the fact lots of people got out(red volumes) so I went short 500 shares but it grinded away from me. I didn't cut loss this time but instead waited for lower high to add but again-WRONG so I cut my position.
Rough starting of the day, not even 9am but I was already down $400ish. But I kept stop loss tight and disciplined enough to cut. So loss don't bother me as long as I stay disciplined.

It went para out of gate and I shorted risking premarket high and nailed it. 500 shares, that's it!!! it's important to watch the position size.
Then I reshorted a little too early but added when VWAP seemed reject but got scared so got out. Nate went long in the chatroom, I took it as red flag when I went short.

GT, yes shouldn't entered the trade in the first place. But I cut loss quickly. It's important just like Tim Grittani said, "if you are not willing to lose, you can't be a good trader"

this is the gift from the God. Recently stock with reverse split history is hot. After I saw it on percentage board it was trading around $4.10ish. So I went long thinking "low float, reverse-split, massive volume, it could go to $5. This is the part that technical analysis MUST works perfect when going long. My average was $4.16, it was right near the support, so if I was right, it's NOT supposed to test and even go below $4.10. Unfortunately I saw $4 was tested so I immediately slammed the bid and got out. Then it followed by a big red candle and I took an initial short-2000 shares at $3.70ish. At this point I could still be wrong if it help above vwap and could still perk up. But I started to see "asks" on lvl2 got heavy and lots of market order started hitting it and the asks just sitted there tightly which tells me people are selling/shorting big at that level so I took another short 2000 shares anticipated vwap cracked. It did exactly what I thought and lvl2 & T&S tells me perfectly what's going on with this stock, There were lots of sellings and asks got heavier so I took another short at $3.76 and it turned out to be perfect VWAP staffing. I still remained vigilent but as I saw it was making lower lows so I refused to cover a single share till big volume hit bids and figured most bagholders got out already and maybe due for a bounce.

A little frustration and headache and I wasn't 100% disciplined on this. First of all my entry was at $3.46 and thought it would at most stuff at $3.50 and go back down. I had conviction on it because it made new low so I knew it was a good bounce short. But instead it went against me but the reason that kept me in the trade was it stuffed at $3.54, $3.60 level. I saw lots of selling pressure at those levels so I moved my stop loss from $3.50 to $3.60 over/under. with 2000 shares with avg. $3.46, that's $300 risk right right but I was ok with it. Gladly it did exactly what I anticipated, stuffed at mutiple levels and made lower highs and at around 3:20pm I noticed asks on lvl2 got heavy so I went ahead and took another 2000 shares short. Again I was right but $3.42 lvl was a little choppy, it cracked the support but got reclaimed so I got scared and took off 2000 shares. Then before the bell I took off the rest. the "entry" was a little too hasty but overall I did well. Good trade. It's nearly impossible to stay 100% disciplined but you just have to try/perform the best you can. If there is loss, then so be it!!! Shrug off loss as long as you remain discipline.

5/24_SAGE, SPEX, APHB, CPXX, TTNP_Tough Day, Wrong on everything!

It's hard to say "I love trading" after day like today. Was wrong on everything and took more than 1k loss in the first half hr of trading and couldn't find locates on SPEX. But today is the day that defines you as a trader and person. After went through it, it's fulfilling and makes me stronger than ever!!

Nothing wrong with my plan- shorting risking $30 over/under BUT I broke my rules:1) when $30 reclaimed I failed to use market order to cover after I found extremely difficult to cover using limit order meaning there was just no selling. Could have cut loss earlier but I hesitated. 2)Took a huge position-1000 shares with avg. $29.86 so but my emotion got tightened.
One important thing I overlooked in this case and this is what happened yesterday on CLRB-morning wash to turn on SSR and spike it up. So be very careful shorting SSR, always wait for lower highs with set risk before size in.

I exercised patience and waited till the upward momentum stopped and got into the trade anticipating $30 crack when it was making lower highs and looked like downtrending. Nailed it.

This is the trade that made me ashamed of. After taking $800 loss on SAGE I took an emotional short into the weakness and paid the price. Revenge trade did no good but only compounded mistakes and losses.

My plan was .40 over/under. This thing got 9 lives and didn't workout. higher low so I got out.

Frustrated one. Saw it at 8:30am when it's got bid at $2.20ish and ask at $2.40ish but didn't take any action. Huge spread and I know it was risky approach had I bought it b/c anytime a seller could step in and sell. BUT we are in the market that low price small cap flies!!! so why not long some??!!!

Another emotional long of the day. Didn't give it time to test support. The reason got me in the trade was it was afternoon and it made new high and seems holding above $2.50 so basically I risked $2.50 over/under and when it went below it I was hoping it to reclaim but didn't happen and big resistance at $3.45 so I got out. Lack of patience, emotional action, small loss.

5/23_PTCT, CCXI, KEYW, CLRB

screwed up the entry and mistakenly executed 2000 shares with $8.16 avg.
but had conviction and price action confirmation so held my short and nailed it.

2 mistakes:
1) didn't covered when saw higher lows. very undisciplined!!
2) covered emotionally into morning strength.

Disappointing price action and volume and big sellers at .88 so got out. Nate was planning to hold it o/n but "no thanks" for me. I trade what I see, not what I think it may/may not do.

I missed this trade for reason even though I was planning to trade it on long side risking $3 over/under. I was already in 2 positions early morning-CCXI and PTCT so I tried to focus on my opening positions instead of opening a new one with uncertainty. Yes this is a very powerful setup but the risk is also enormous. Yes in hindsight I should have longed it but man It's tough to capture everything in the morning especially that I know this one is choppy and I could have tackled the easier ones. I would rather trade the easy ones. I don't like challenge & difficulty.
Early shorts must be toasted hardcore given the price action. Entry is the key when shorting it. Long trap until 11am. This kind of fierce price action is frustrating from both long and short sides, you experience up and down, up and down. Maybe it's the best to miss it or given day2, take small ss risking $5.

5/20_CLRB, ORIG, PTCT_ Big Lesson!

Caught the morning move and good exit BUT why not reentered it???? Was influenced by KOOL yesterday and scared to buy it in low $2.00s after I had position from $1.50. Just tough.Got plenty of opportunities to buy but didn't and instead was watching it going upward nonstoppably later.

Isn't it strange that all the low float stock behave the same, you see the same thing over and over again BUT you screwed up and for whatever reason you couldn't perform the best and maximized the gain. Come On morning HOD breakout and held is a STRONG buying signal!!!!!!!!!! Take the opportunity before it slips away!!!!!!!!!! The stock don't care what you think!!! trade what you see, fuck what you think!!!! 0 emotion!!!!!

Mistakes:
1)trying to give it time when it pullback from $1.90 and thought it could do whatever it would do before determine the trend, was planning to look for a trade around 11am but to the contrary it took off and the consolidation only last 10 min. 
2)Was pissed off that I missed the trade and then definitely I wasn't interested to buy it because the price was too high from my ideal entry. I preferred that it had bigger pullback and consolidate quietly for 2 hours but it was just wayyyyy toooo volatile. 
3)Failed to adapt to the price and volume! Was influenced by yesterday's shitty trades. All the circled spots are ideal "buy" spot with proper risk parameter. The MAIN reason was I perceived the price too high to buy! It's hard for me to buy a stock in low $2s when it was at $1s an hour ago! Just tough! Pretty much same mistake I made on MGT where I found difficult to buy it at $2, $3, $4 when it came from 50 cents. On float rotation play, you just gotta do it but always have stop loss level in the mind!

the other 2 trades didn't workout today but i traded it okay. PTCT was bad, I should have gotten out earlier when it started to base but hesitated.

5/19_KOOL, AQMS, TNXP, AQMS, CCXI, MGT Finale

Killer long setup, I flipped from short to long after HOD breakout and holds! Good trade!

Starting midday I started making tons of poor decisions. I was long biased and expecting this microcap can do more but it disappointed me. It stuffed several levels on top but I still held my long position. Near EOD I chased the stock up and down by emotionally trading it. ST really pissed me off because I don't have direct market maker access. It's EXTREMELY DIFFICULT to trade stock with large spread!!!!

Good trade BUT it went way further than I thought!!! Massive unloading today! You never know whether it's good idea to ignore the lull, sometimes it work out sometimes it doesn't

Awesome trades!!!! Cutting losses quickly when it fails to do what I expected. Good losses!

Finally MGT is done!! It went far far over-extended than anyone could think of. I saw a trader I admired on twitter posted "you must be crazy to long this thing" when it was trading around $1.80's. Technical Analysis works perfectly here!! However I didn't buy it! there are two spot that's good for buying!!!- on 5/16 it broke above previous 2 days high and held-the perfect buying spot is $1.80-$2.00. On 5/17, It again broke above $$3.40's and held. On the 3rd day the bids pulled. Michail Shadkin's 3-day gravitational theory works perfectly here!!! Obviously it seems easy in hindsight but at the time no one knew that it could go from 50cents to $5.5. I regret not buying dips

5/18_MGT, APPY, ORMP, CCXI

Deserved the loss by catching falling knife, extremely risky trade.

Traded it terribly. Was too scared but hey!! it's only 10:30am!!!! do one more vwap rejection short and give it a little more time to play out!!

Missed premarket short and then missed vwap rejection short in the morning...missed out big time!

Good trade, there was no follow up momentum and the upward trend seemed to be broken so I got out before every long does.

5/17_CYTX, CHRS, CETX, MGT

ST made my orders hard to be filled so I have no choice but slamming the bids. Was confidence with this setup and got out when noticed not much selling occurred. Overstaying is a stupid idea when daytrade!

Midday day spike but yet again ST got me!!

Went into the trade with specific thesis that it has to make a new low-below $2.65 but didn't happen so got out!!! good trade! Saved myself from squeeze.

Ridiculous runner and I don't know what I will do if I have BP and locates. It went far from over-extension. Technical Analysis works perfectly here!!! The volume was massive so I wouldn't be surprised to see it keep going and above $5 tomorrow. The best way to trade is to buy at strong "time & price tested base" and sell when it gets nuts when everyone wants it. It's okay to short it BUT it's important to cover not like Tim Grittani did today holding and waiting.....that's never a good idea. I would rather cry left money on the table than seeing a green trade turning into red. The KEY is never short into lull/weakness!! ONLY short into craziness and reassess the situation.
-It's hard to determine whether it's front side or the backside. It depends on the price action tomorrow. If it break above $5 then it's considered frontside and if it cracked the support then it officially entered the backside. In hindsight I should have bought it but I found it extremely difficult to do it at the time. This is the obstacle I need to overcome. Doesn't matter it went from 40 cents to $2, when the volume was massive and all the technical indicators lined up perfectly you just go ahead to take the position with proper stop loss point!!! Technical analysis works perfectly here!!! Meaning that Placing stop at previous low is a sound decision. From the long side you gotta think about it: when there is strong buying force behind it whether it's momo buying or shorts covering, the previous low shouldn't be touched!!!! If it 's touched something is wrong and you gotta get out!!! Stop loss order work perfectly when taking long position!!! Long position is half casino trade because you are buying in anticipation that others will start buying/volume start increasing!!! No volume, no long!!

5/16_MGT, BBG, BCEI, RYI_many bad trades

Disappointed volume, took the loss, this setup doesn't have high win rate!

Technical Analysis 101: momo player with massive volume and short interest, holds above resistance and consolidates making higher lows and higher highs-it's a buy!!!

The only profitable trade of the day.