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!!!
No comments:
Post a Comment