8/31_SPU, SINO_this is the month Hit-and-Run works the best!!!!!! things got crowded too fast!!!

Should have filled more in high $1.90s and play $2 over/under risk. Lots of sellers near the lvl.
Exercised patience but didn't quite workout perfectly. $1.60 cracked but reclaimed.

GEO investing came out an article with price target $25 and SPU flied to the moon. I longed b/c I thought lots of shorts got trapped. It did tricky HOD breakout but stuffed and gladly I got out.

Then I shorted twice but didn't workout. Just being wrong, wrong wrong.. the price action to me looked like fake bids propping upper lvl for filling. Glad I covered 5 min before the closed. Small loss on SPU short side but with SPU long and SINO short I closed the last day of August up $1k. Not easy month and market was different from what it used to be. My trading style didn't fit very well but I tried to be adaptive and adjust my strategies. The good thing is I didn't have big loss this month which made me extremely proud but the main reason was there wasn't crazy runner this month. It was a very slow and lack of momo month.Lots of stock just boom out of gate and followed by faded all day but later the month lots of plays got very crowded as evidenced by morning push, pullback then slowly and gradually grinded up. There were countless times I turned winner into loser b/c I was looking for big picture trade. This is the month hit-and-run work to the perfecto!!!

8/30_RIGL, KPTI, SPU_!Opponent Selection!

Should have removed it from the screen! Historically I had poor recording trading extreme liquid stock. This thing traded 7 million shares before the opened!!!! MR lost big on it shorting at $2.80ish and double the loss shorted at the open. When the stock went from $4 to low $2's everyone thought the news was bad and short-biased. Guess what wrong!! No edge trading it! neither long nor short!! In the future just avoid it!! take it off!!!

No selling, Should have downsized more but didn't. Each dip got bought up!! But glad I removed liquidity and covered otherwise it would be a nasty situation. $12 price target does sustain the momo!

SPU once again didn't do what I thought. I thought it would trade like SAEX on day2 so I didn't look too much into it at the open. My plan was letting it do its thing and I will initiate my entry at 10am, 10:30am or so. Had I taken RIGL into consideration I would probably short it at the open!!! RIGL attracted all the momo therefore SPU couldn't fly! This is the market you have to respect. So many banked on SPU, AT09, elkwood, Madaz, Phil. This is typically day 2 gap and failed follow-thru momo type of play. sighing... easy trade but I didn't take it. Just be wrong about it the whole time. Later I was thinking to short it near the VWAP but it never reached anywhere close there. Big opportunity miss today!

8/29_MCUR, KONE

the ONLY reason I covered MCUR was I needed to go to the bathroom for poop sighing.
KONE good trade but didn't quite workout, looked crowded.
Overall good trade today, Minimized gain but managed to stay green.

8/26_EGLE, STAF, SAEX_weakness: shorting failed secondary spike

got busy with EGLE and saw it grinded away from me. This is the week patient short just don't work out!! Adapt!!

exhausted myself on the front side trying to catch the top. Nasty secondary spike got stuffed and boom 100k shares got out. I was actually thinking to short into pop but afraid due to recent performance and choppy price action before it turned into all-day-fader.

Same mistake as EGLE. didn't short into failed secondary spike and sold off gradually after peaked out at $14. Again I was there but didn't take any action. The main reason was fear and sluggish recent trades and afraid to lose. I was confident on this trade b/c this ramp was contributed for two things:1)fueled by EGLE and 2) former runner. There were lots of inferior retail orders hitting asks!!! but again I didn't short. I had very bad track record shorting secondary spike. In my eyes the stock still got momo and it could pull and continue move upward. As a short seller, you know these two were junks fundamentally. So why not wait till momo fizzle off then size in??????!!! The best way to trade it is still short but risk off trendline and HOD!!! There is no reason to get scared and back off. Huge opportunity cost on my account !!

8/25_NYMX, XCOM, VNDA_Patience is biggest enemy on short side!! This is the market Hit&Run work!!!!

3 shorts and 1 long and none of them worked out!
Tough to trade indeed, trappy and choppy price action, extremely hard to gauge which direction price is moving. The biggest mistake unfortunately I made was morning long anticipating continual momo but boom $.50 haircut got me out! Very emotional trade!!! Buying a stock with premarket peak above it is never a good trade!!! Very likely it's gonna be a stuff move.
Then tried shorts twice later the day but none of them worked out. Both times had nice flush but quickly reclaimed. this is one of those plays that no matter how hard you try, it just won't workout!

After taken loss from NYMX it set myself on fire and looking eagerly for making money when I found VNDA made parabolic move so I ss right away but didn't workout. Reshorted it but again too strange and bids held it firmly so I covered again. Frustrated one followed by NYMX.

I have to admit that I was influenced by AT09 so I added to my short position despite lots of red flags on it. This is just like SGY and CLVS. It touched VWAP twice and that's not a good sign for shorting!
Should have gotten out before everyone else did!!! You wanted be the first one to spot it!!! remember FIFO-First in, First out!!! That's how you survive in this market!!!

8/24_TOPS, LEI, OSUR, XCOM, CLVS, URRE, NYMX

trade like piker today, missed URRE morning short!!!!

That LOD to HOD got me scared to short so I stayed on the sideline and watched it crack. Pumpish news yesterday!! I've found when price is too late I tend to do bad!! All day fade today to mid $1s

Big former runner so I got scared to short initially but it fell too quick after I located 3k shares. Was hoping it could get to $6.

Heavily involved shorting it in the morning and it chopped me around. 2 vwap pushing got me scared!! I thought what if it does SGY did last friday so I covered 1k and left rest 1k run. Got breakdown and I confirtably added to the position but again the price action just so choppy so I got out!! No reason to trade hard stock and turned winner into loser.

Perfect trade. Just like Madaz said, everything got soooo crowded these days!!!! I must adapt!!!

Pure technical trade. late short is never a good approach unless parabolic. I shorted 2k at $4.02 risking $4 over/under. didn't workout, small loss

Ridiculous runner and people chased it like crazy. Auspex bashed it on twitter but hey there is divergence between price action and fundamentals!!! I chose to go along the chart and long it twice. low float + SSR +way above VWAP got me long it thinking it may do what STEM did last week. Wrong !!!! got out! $600 loss.

got the idea from D4 and looks like the chart about to breakdown so I shorted 5k shares. covered toooo early. This is a great conviction trade!!!! the price action sugarcoated its fundamental that's how opportunity is created!!!! Profit on both ways!!!!! However on the short side the key is Entry and Timing!!!!!! My timing was near perfect but entry was not that ideal. If it continued to hold above $1 it could still squeeze. Normally I wouldn't short such low price stock in this timeframe but man, this is a nice fader!!!!

8/23_AMDA, MDGS_Cold streak continue!!! MUST size down tmr!!!!!

Relentless selling pressure premarket and opened wayyy below the premarket high so I was short biased from the get go. My plan was shorting it around $1.30 and risk from that lvl. Definitely entered too early but I was confident on my trade and did size down and re-put it back on at higher level. Good trade at the beginning and at the bottom I was up nicely but only took 1/3 off and decided to let the rest run. But man this thing was trending upward from that point and putting the base at $1.15 and after reshort my average was $2.23 and my plan was risking $2.20 over/under. Turned out I was wrong, it broke above $2.20 so I covered. I got emotional at the time b/c I couldn't get out by inputting more than 5000 shares. Per-ticket pricing only allow me to trade 5000 shares at a time. So I covered all into that midday ramp, didn't quite regret my doing. This thing was trading 40m shares at that point and from the big picture it was consolidating so it could have EOD action. Turned a $2k profit into breakeven just like yesterday. Frustrated but this is part of trading. I am super okay with it b/c I respect the rules and I know that there is always tomorrow!!! There is no reason to fight or feel emotional at this point.

Accidentally located 5k shares but man this thing was very dead, there was hardly any volume rebound. Well too bad.

8/22_CYCC, RLJE

Not feeling well today maybe b/c I got too exhausted due to yesterday's basketball, bbq and late night dinner. CYCC good trade, turned loser into winner but RLJE was stupid. First short anticipating $3 peak out and pull but wrong. Then saw HOD stuffing so reshorted but again wrong!! very sloppy trades by shorting into weakness and covered into uptick emotionally.

8/19_REN, SGY, LPTN, VISN_Tough Day!

Not that I am greedy but I really thought today was gonna be the big unwind day for REN so I located additional 2k shares. But didn't workout. Lots of signs of continuation movement but I chose to ignore them and still wanted to give it a chance. When HOD breakout I said that's it Imma out!

Honestly scared to ss b/c the float is very small but saw sellers up there and MR already took partial position. Definitely was influenced by him so I ss small and covered afraid it was crowded. Then saw resistance so reshorted and covered thought .50 would defend itself. 

Big picture idea trade so refused to cover single share. Then saw signs of danger so covered. Turned $2k gain into small loss. 

However the main damage came out from .70ish and $15 short anticipating $15 is going to peak out. Didn't work so took it off and ate $1500 loss. Then tried reshort a few times but didn't quite work out well except the last one. But very choppy price action and looks like not ready to go down yet. Will most likely avoid it in the future unless it does crazy shit. 

8/18_REN, GBR, SCYX, EARS_REN overnight_risky

INVT piker trade, thought it would move like SKYS yesterday therefore didn't size in early trying to call the top but it pulled quickly without touching $2. Then it chopped around where I failed to put up shares for whatever reason. Maybe the price is too low and I don't see lots of meat on the bone.
SCYX-morning emotion scalp and turned out working perfectly nailing the top and bottom. My entry plan is around the core $3 peaking thesis and turned out I was damn right and luckily caught the bottom.

Former runner is moving again. I treated it sortof like SKYS yesterday and patiently let it chopped around above VWAP and my vision was it's going to blowoff HOD and stuffed then pulled and turned out I was dead right. I sized in 1k shares at .35 and another 1k shares after the stuffing occurred. then it pulled and located another 1k and ss into volume pop near the vwap. Perfect covers into the wash. awesome trade BUT I should have traded bigger size and held longer!!!! It got destroyed hardcore later the day.

Not expecting to tough REN today but that trend change on volume got me interested. I immediately slammed the bid with 1k shares and it failed to bounce I struck it with another 1k and ended up holding 2k shares with avg. $18.98 risking $19 over/under. It worked out perfectly from the get go so I decided to hold it overnight. I rarely ever hold any position-long/short overnight but this daily chart is too good to pass. The only risk is a/h or premarket news but I will keep eyes on it! If it grinded back up towards $19 I will take it off.

8/17_SKYS, AUPH, CYCC, THLD

Was wrong but fortunately closed the day green. Big confidence hit and afraid to go big in the near future. Had conviction on SKYS trade but didn't trade well.

#1 mistake: using $4 as risk level which was invalid given insignificant volume of the previous day.
#2 mistake: FOMO, thought it would be trading like KURA in which the run was fueled by emotions and quickly pulled but turned out I was dead wrong!!! It went further than I thought and prepared for.

I got extremely unconfirtable when it approached $5 mark. Now the question is whether $5 is going to peak or base. I did cover some in order for adding at the upper level. It chopped around $5 lvl and long sold-off upwick tells me this is very likely to pull. $5 very likely be the resistance. So I added couple times. Then it did HOD stuffing which further confirms my thesis so I added again. Then gradually took profit along the way and covered all b/c I didn't have decent avg. Ready to re-attack if it has chance get to VWAP lvl.

Now the easy part was over. Either it grinded back up or stuffed couple times then eventually fade off. I tried reshort but the volume makes me unease so I got out. I saw $.30 was key resistance level couple times but again just too afraid to be wrong so I didn't do anything till it cracked big and decided shit let me re-enter some and covered the last short attempt for $300ish. It faded all the way down to .20s. I was right that crack has bagged lots of longs but again due to bad avg I decided not to stick around and just covered and called it a day. Like Shadkin said, "it's all about the ENTRY". Had I had good entry I would very likely stay longer.

Traded small on these three. The ONLY regret I had was not shorting CYCC into $9 push. When you made money on long it's extremely hard to flip short. Sigh I don't know how to correct this issue. I tried in the past not longing anything from the get go but that could make me miss lots of decent upside. It's very hard. I think the best way to tackle would be forgetting about money you made long. Treat it as a new chart you have never traded and build your thesis from there with set risk and plan. If you are wrong, BE WRONG!

8/16_STEM, SITO, OBCI, GBR, OPTT, LIVE_headache with STEM but got lucky

Looked over-extended and everyone thought that was it, the peak is right there!
But lots of red flags!!! the main one being weak pullback and way above VWAP. Super trappish and clouded everyone's mind thinking shit, it ran tooooo much, it got pull!!! there is no way it keeps going with this mentality it drew in more and more shorts which fueled the subsequent move! Including myself thinking the upward move is over. Damn!! Therefore don't trade what you think!! pay attention to the price action and trade accordingly!

I have to admit I traded it terribly!! the same mistake I made on CCXI and OPTT which I thought it ran too much but guess what it kept going!!! topless! I tried shorts multiple times and all failed except the last one but MAN that was a bad decision!!!. The timing and entry is bad!!!!! I held 2k shares with avg $2.53 to the $3 before hard pulled. This beast could keep going towards $4 or $5!! I got lucky that last short worked out so I covered into pullback. 50million shares traded!!!!! this thing could go big day2!!! Epica is damn right about it!!!!! That separates an experienced trader with rest of us

ONLY 1 mistake I made on SITO was covering into that stuffing and rest were good. Perfect entry, perfect exit!!! I luckily caught the bottom!!

these 3 trades were easy and stress-free. OPTT may have momo tomorrow but unsure.

This is the recap for yesterday's trade and reason AT09 banked nearly $20k yesterday. Overhead resistance plus fishy volume days prior combined together make the day it announced earning "sell the news" type of play!!! This is high probability, high reward, low risk type of trade!!!! Hope next time I can spot it myself and hammer it with conviction and size!

8/15_SORL, NBY, AETI, LIVE

Loved the chart BUT no volume at the open so too scared to ss.

First cover was awesome! sensed it too crowded so got out. It did exactly what I expected but at the same time it looked heavy on top so I shorted. Made new high and afraid it could keep running so flipped long. Even though I could be right but timing is off so I sold and figured I could always re-enter later the day if price action shows correctness. That happened to be the right thing I did. Choppy price action overall. Hard to know where it can go. No position for me!

Nailed both trades! the only regret I had was not going bigger on LIVE.

Too scared to short midday because of bad memory. Today is the day that midday shorting works!! Unfortunately I missed all of them!!!!!!