BUT...for mental reason I sold my long position when it was still grinding and flipped short. Ate $5k loss there. Glad I caught the top and made back $2k from it.
Here comes my mistake #2: 0 regret taking the short BUT when you see equivalent volume down below and it was holding...RUN!! don't walk!!!! Then I got squeezed to $11.20 area which is the former stuffing area. I knew there was big seller there but my emotion got me covered afraid what if it break above it.. I heard my inner voice said that so I took the offer. Then huge red candle slammed down the ground and I was like WTF!! I took full responsibility for my action. I thought about stop loss level $10.70 and even $11. I forgot there was big seller sitting on $11.20 in the morning. I saw it right there but I just didn't keep that in mind!! Didn't include it in my plan so ended up emotionally covered into the wall of resistance.
Turned huge day into small day. It's hard to be profitable both long and short. It's just very difficult!! the unrealized number play huge role in the decision making. It's hard to stay 100% objective and keep the self away from anything other than the setup and price and volume action. I need to work on that.
Another thing is low float+SSR type of stock you MUST be extremely patient when it comes to both entry and exit!! NO FOMO!! You chase you die!! simple as that!
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