A little headache at the beginning on grinding action. I did the right thing and covered most of it before market opened.
Saw lots of stuffing action when after market opened so I chased down ss a bit but got squeezed. I covered half just in case it breakout HOD and and keep going but turned out I was right. Earlier shorts/sellers were strong and chasers started taking profit after secondary push failed. I went ahead and reshorted $2.60ish. Trading isn't exact science. Just b/c it made new high doesn't mean it would run. "ENTRY" is the key! Spot the price level has strong resistance and you hammer from there!
Biggest gainer of the day. Same as SPHS in the morning. Secondary push failed then faded wholeday
Traded long side GBR and OPXA. It's extremely hard to do well on both sides. The problem was after I took long position and gave it leeway and when the momentum shifted it was already late to short it. Yes in hindsight I should have shorted it just like BPSM, BPTH and so many low float turds these days but when you are being part of it it's very hard. I think the best is just wait, don't take any long position and exercise patience till the point for short entry. A little upset with myself because this is the same thing happened again and again but I kept screwing up.
This is another regret I had today. Beautiful parabolic daily chart and I was short biased since the market opened. I tried ss once but failed. I didn't short when the momentum and trend changed because the price deviates too far away from HOD so I was scared and like "what if it faked me out again and pushed back up" Ended up watching it slowly faded away..
I traded the best I could on this ticker. ST once again screwed up my execution and I had to take offer price to get out and the spread was like .50. Tried one more short for LOD breakdown but didn't happened.
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