totally totally unexpected bounce, hold and ramp...Turned big win day into small loss day.
key points trading OTC:
1)this is a completely different beast from NASDAQ so you must adapt and treat it differently
2)Unlike nasdaq they can go straight down / straight up without correction
3) You must cover into washout!!! Leaving money on the table is inevitable because once it turns it turns super fast and you won't get filled!!!!!!!!!!the execution is terrible on OTC land so you must be a step ahead!!!! focus on entry and exit!!!!
4)parabolic daily chart so chasing out of gate is okay BUT you shouldn't short into bounce!!! the edge is gone!!! I was completely wrong !!! I thought today is the day but obvious it's not!!! Just not much selling as I expected.
5) Never EVER chase!!!!!!!!!! unless having edge or lvl2 telling me so.
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