Thursday, August 4, 2016

8/4_CHEK, SAEX, RGSE, TOF_the only regret was not buying a single share of SAEX, ridiculous runner

















0 interest picking the top. let it do its thing and saw push failed push failed then ss.
kept the size small due to fear and recent memory. the only mistake was emotionally covering into vwap push.
















went out for lunch and stop loss got triggered. was expecting $.47 got stuffed. choppy and unsmooth price action

















Was thinking to buy it 3 times but limit order didn't get filled. That was a huge mistake and opportunity cost. I should have known that no selling pressure there when the order was hard to get filled. I should have use market order for filling but didn't. Ridiculous runner!!!!! On the other handle I was glad I didn't have shares to short otherwise I don't know what I would do. I saw AT09 shorted but covered for loss. Bears really got smoked on this!!!!! There is no reason to short!! the trend held the whole time!!!!!!!!!!

















Perfect cover at .40 before it went rampage!!!!! However I shorted into bids before halted and got squeezed!! The reason I added to loser in this case was because I had conviction that buyers were unsophisticated and the only reason they chased it up was due to SAEX and HMNY's nutty action today. Profit taking is due!!! I should have added another 1k shares at $11.30. I had a chance but didn't want my position size get too big. Shoulda woulda coulda but due to fear didn't do it. One thing I worried was I used ST so sometimes they don't use MM to display your orders on lvl2 book so execution may be the problem.

















Good entry and good cover. stress free.

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