12/30_MRNS

Kept LEI on the back of my mind so consciously kept myself away from trouble by paying attention to red flag, danger sign, sized in according to the plan, entry, exit, watch for divergence, etc.
Traded it well!!! respect the volume !!the best thing was I covered all then reshort when HOD breakout failed but again huge bids held very well!!! confused action so took it offf!

12/29_KOOL, FBIO_down $10K at one point!!!

easy trade, 0 headache.

Here comes the biggest mistake of the day: I had decent short near HOD BUT when no selling existed I didn't cover in time!! Volume was small so there is no point shorting in the first place!!! I had 7k shares!!! Shorting isn't the problem!! There problem was when there was no sellers I refused to cover. I even saw 50k asks at $3.47!!! Should have used market order to take it out!!! at the peak I was down near 5 figure!!!

frustration continued..I thought it would slowly bleed down to where it came from but nope... it didn't make new low since $3.42!!! Glad I covered 4k shares at that lvl!!!
Here is the main mistake:
sized in too early!!! didn't wait for 2pm..due to FOMO!!
Aimed for EOD snap like DRAM did yesterday but nope....bids held!!
But the main problem comes from morning undisciplined trade!!! Had I covered when I saw danger sign this one would easily be 5-figure trade!!!!!!!!!! One little, careless, reckless mistake ruined big once in a life time opportunity!!!!
Remember one thing!!! and this one thing not only help keep you away from trouble but also allow you bank huge!!!!!!!!: "when setup diverges from plan/expectation in terms of price and mostly volume and time, get OUT!!!!!! RUN!!! DON'T WALK!"!!!

12/28_NVDA, GALE, DRAM_1st Roller Coaster day since shipper craze

Nate banked nearly 6-figure on it, killer over-extended daily chart. The main reason I covered was for BP that I could use on GALE which got me into trouble.

Only one regret-when $2.70ish absorbing massive I didn't take single share off!!!! At one point I was down $10k but thankfully I survived. Not easy. Main reason I shorted into 1st min candle was b/c of CAPN yesterday and I interpreted news as meaningless.
-when setup diverges from your plan, RUN!!! DON"T WALK!!!!! In this case, "RUN" means covering into dips in $2.70ish. I would save myself lots of troubles!!!

this one kept fucking with me. Not easy at all and lots of confusion and traps!!!! Overall I traded it well, respected my plan and paid attention to danger sign. But the problem is when you become discipline sometimes it just trick you!!! I thought the "reclaiming" action would hold stock up then...

WTF !!!! it is what it is....
At the end blessed to be alive and blessed to be able to fight another day!!

12/27_CAPN, MBRX, CNAT

Market is extremely weak today. No volatility and liquidity, maybe people still on vacation. In this market, patience will make you miss the play. In crazy market you wait for $3 go to $5 to get short but in this market your POS must be adjusted to $4ish or maybe lower. You adapt or perish!!!

Pissed of myself didn't size up risking $1.25!!!! I saw $1.25 peaked out many many times but got scared!!!! the first day of the week always make me scared, left big money on the table!

Didn't wanna get aggressive b/c news could be of meaning. bad entry so covered, scalp.

Use ST to trade it, terrible execution. covered into stuffing action, old mistake !!!

Turned green day into red day thanks to CNAT. initially tried 2:30pm profit taking retracement didn't workout took loss. then retried b/c the upper lvl looks very stuffy but didn't work out again. It's my weakness shorting a momo stock traded more than 20m shares/day late day. very choppy action near HOD and key lvl kept reclaiming so I got scared and interpreted it as "red flag" so got out. Then it just pulled right after i got out. Hard to trade for sure!!

12/23_ACST, URRE

2 mistakes:
1) shorted into weakness subject to FOMO, glad I covered some into dips
2)got good read on it. $1.80-1.90 very stuffy. but didn't anticipate it would break above $2 so I should have imagine it's likely to happen and prepare 5k shares to strike it!
didn't selloff as much and fast as I wanted so slowly covered.

gt. should go bigger than 10k shares.

12/22_TKAI, CETX

Knowing the news is meaningless and it's a pump but price action looks crowded so I didn't get myself involved. It's also lacking liquidity and moves slow for me. the main thing was each dip was not as weak as I thought so I thought maybe this "buyer" behind the scene is strong unlike retails.

Turned winner into loser! First I made fat finger mistake shorting 7k shares typed in $1.40. Then realized it was fat finger I immediately tried to cover half of them. Saw the weakness and $1.40 support got tested so sized in again with avg. $1.44 anticipating $1.40 crack and flush but $1.39 refreshing and absorbing like crazy then I stopped out and I am proud of that. Then stupidity crawled into my mind and I flipped long given the volume and HOD breakout but I failed to take into consideration that it was still below the premarket high and the breakout isn't as valid as I think it should be....then I realized SHIT..it was HOD breakout fakeout stuffing action but the price already started to reverse and it was hard for my sell order to get filled. Glad I stopped out again.
Yes...Took loss... but I did the right thing! this thing is hard to read & trade both long and short.

12/21_ESEA, SGY

Great trades starting in premarket. It peaked out at $2.80 and never break above it again. So carried position into the open.

confused one and horrible track recording trading it. Worried it would do the same thing just like last few days-holding up then grind grind grind but nope turns out today is the unwind day. I missed that but not much regret. This shit is unlike other low floats, its trading illiquid and slow moving and choppy. don't wanna headache, don't wanna play waiting game so stayed out of it.

12/20_FRED, CNAT, DCTH, MPET, CDTI, SGY

Very pissed of my trades past two days, underperfomed!!!! Shit in my head and frankly don't know what the fuck I was doing ?!! Saw great opportunities but let go, I have to admit after shipping craze I am no longer the same guy. I got my feet off the ground and took my trading to the next lvl in terms of size, entry, plan, and loss cutting. Deep inside my heart I tried to trade small size heading into the end of the year. I didn't want to get myself into any sorts of troubles ever again because I know what it felt like digging yourself into deep whole by taking big position and all it takes is a few min to blow your mind off. I have been on a nice and consistent green streak for past two weeks so didn't want to give back my gains. But if you keep doing this. stay in your comfirtable circle, refuse to accept the challenge, how you advance your trading skills and compound your profits??!!!! You see, size is double-edge sword, when the price going your way you feel on top of the world but if the price refuse you dug yourself in deep hole and struggle to climb out. Amazing opportunities these two days but I let fear take control of me and refuse to tackle it. Trading is all about risk and reward, as long as reward outweigh the risk, you take the trade no matter what. Fuck your fear, anxiety and frustration, be like a fuck robot and and just trade it out. If you right nail it if wrong you get the fuck out. Starting tomorrow, I will push size a lil bit!!! No regret, no remorse!!! Trade well, profit follows!

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Knew CNAT will be a wild and choppy one so intended to avoid it and came back to it after 10am. Saw FRED and frankly no conviction and knew it was not low float and got associated with RiteAid but its massive volume got my feet into water a little bit but kept going. I sized in a lil too big aiming to determine whether out or not based on pullback magnitude. It turned out the pullback is pretty weak so I got out. Great trade but due to size I used, it was still $2k loss right there.

DCTH turned out my only gainer of the day. Great trade but should have sized in bigger given past price action. But the trade with DCTH led me missed CNAT.

Saw the tweet by Madaz with avg $5.10 when it was traded at $5.30ish. Frankly I didn't prepare to trade it when market opened at the first place so didn't give too much thought of me. ended up missing $1 downside. Given it peaked out at $8 and putting top at $5.20 premarket and nasty red candle slam telling me sellers there I should still got shorts a lil bit. Risking $5.50-$6. !!! I am pretty sure MR left room for it to ramp to $6. Ended up missing the trade. It's all about the entry!! Once you missed $5ish short, the best timing and entry lvl is gone!! it's not coming back!!! Put it in rear view mirror and reassess. I thought about it could coming back up due to massive volume and it did but I am not confirtable longing this type of play.

From bigger picture point of view, it was totally consolidating action today with range $4:30-$5.30. I hate trading range b/c you need to scalp!!! The problem is I knew this stock could get choppy so I intended to avoid it but so what?!?!!!!! As a trader, you determine a situation that overreaction occurs and reward outweigh risk and you pull the trigger. What it does afterwards is not of your concern!!!!! Forget about the big picture!!!!!! Same mistake as with XGTI yesterday!!! I knew as matter fact it would pullback but I thought it would chop around and don't know whether the trend is gonna hold or not. Who cares!!!! You still take the shot and collect your profit!!!! Forget about big picture!!!!! You don't trade on anticipation! You trade on reaction!!!! Why what it does 2-3 hours later matter?????!!
Gotta learn from Shadkin, he took the easy money, there is 90% of chance the stock is gonna pull regardless whether it is going to hold the trend or dump later.

Then I missed easy MPET trade and it took my anxiety and frustration to another lvl!!!! I traded it before and I knew the buyers behind the scene, I even located shares but didn't place the order!!!

Surprisingly SGY traded higher than yesterday's close and it squeezed another buck off it. I saw the weakness and took the short but again it was just the panic. It did nice crack then grind action with higher lows from that point. My stop loss got triggered and got out. This is the one that fucked me up countless times!!!! Likely not gonna touch it tmr.

saw saw DCTI up on inside buying 250k shares so I longed small. Great daily chart as it cracked support today so I assumed it shook out weak longs but again didn't do what I expected. Time stop loss got triggered and got out.
Starting tomorrow, Will really narrow down trades to 1-3 at the open and used bit size with set risk plan!!!! Life is too short to be wasted!!!! Keep what monaco trader says, "trading is like boxing, it's not about how hard you can punch, it's about how hard you can get punched and still punch back."

12/19_XGTI_Hate missing opportunity!!!!!

Massively Underperformed!!!!!
Coulda have done a lot better!!!!!!!!!!! My research got me nervous and overthink of the situation: turd and burning cash company and especially it made 60million revenue expected next year right after R/S that's very fishy!!! so all the indicators point to short but I was thinking the pumper could have supported it and possibly announced offering afterhours. I used 3k shares to scalp and ended up profitable but that kind of operation makes me miss the big picture short idea!!!!! Supposedly I should have shorted with size risking $5 lvl given the price action that $4.7s, $4.8s offers got filled massive!!! That tells me either people selling/shorting big at that lvl!!!! Why the hell I didn't POS?
2 things I did wrong:
1) I let fear influence my decision making
2)I traded on anticipation rather than reaction, initially was thinking it would hold up then thinking $4 may get defended, with low float plus SSR got my mind fucked!!!
As short seller you must keep trying!!! When the setup is self-explanatory it's already too late to profit from!!!!!!!!!

Nasty pump and dump plus dilution....speechless...2nd one after OPGN!! again you don't know whether it will be diluted or not. All you can do is picking an entry point and and take the ride. If you are wrong b/c your entry is so good there won't be much damage to your account but if you are right the reward is big!

12/16_EVOK, XGTI, DCIX, ESEA, CYTX

Great trades, great read and covered 2/3 below $2 but got screwed on bounces went far further than I thought. Ended up giving up some gains earlier. Can't tell which way it will go so covered all. No guessing game.

Used small size on casino long trade. Great entry, great exit. Didn't short it due to painful halt halt halt memory.

No brainer short as everyone on tweeter said it was mistaken on CNBC with CYTK. But that perhaps is the hard part. The key is "timing" and "entry"!!!! Algorithm is nasty!!! If lots of retails in it, the pullback would come sooner and traveled further.

AT09 nailed big DRYS short with profit nearly $60K!!!! Huge trade! He's got ball to size up. I was actually a lil scared and cynical to trade them from shortside. I told myself to short big if they could hang around the premarket top and squeeze another buck from there but nope it didn't the opposite from what I thought, guess lots of retails long into close yesterday and make them long crowded. I didn't use much size b/c I was afraid they could grind grind grind followed by morning panics. Turned out they peaked out near the HOD and hard crashed from there.
Another frustrating part was I was having size on ESEA and wanted high $1's and stared at it all day long!!! It didn't do what I expected. Tired but what can  you do....
Overall I traded very well this week not in terms of monetary number I've made but the trade executions including entries, exits, plans, stops, adds, position size, average, etc. Had a consistent week thankfully and will continue to trade appropriately next week!

12/15_ESEA

Traded a lot of others but ESEA is the one I spent most time on and used size

It's got news that it will acquire a company but knowing it's a turd with lots of debt and ATM I immediately became short biased toward it. My plan was shorting in the morning and if it held I would just cut it but ideally it faded through the day. My starter size 5k got filled at $2 anticipating it's gonna peak out at $2 but nope so I covered it. Then I reshorted it several times due to HOD stuffing action. I risked $2.60 lvl over/under. due to my early entry I didn't have a good average-20k shares with $2.40ish average. So when it slammed I immediately covered 1/4 without thinking. Then it did frustrated "crack then grind" action and reclaimed above VWAP.
2 things I noticed that contributed my decision to cover full position:
1)$2.16, $2.18 absorbed tons of volume
2)$2.30 was holding pretty firm for a while then it cracked then it reclaimed which is very bullish sign. If there was enough sellers in this case $2.30 shouldn't even be touched!!!
So I went ahead and cover all then BOOM it started taking off!! I am proud of my read and decision!
then I flipped long and at the top I was up $2k ish but didn't take single share off. I held 8k shares with $2.58 average. then It snapped with red candle on volume got me out. When the sign of weakness like this occur I am the first one to get out! I don't care what it does afterwards. My plan is post 2:30pm profit taking so I decided to grab lunch and come after it later.

So I saw the volume at 1:30pm and frankly I didn't want to short in this timeframe but FOMO got me filled 5k shares and I was ready to add all the way to $3. Didn't give me the chance to do so and it snapped before 2PM and here comes the greedy part of me. I should have covered all without thinking twice for 2 reasons:
1) this is premature snap(before 2:30pm) meaning that if the trend holds and volume is big it can grind back up
2) all the other shipper names got momo-DRYS, SINO, DCIX so it's highly possible they can fuel this up!!
When it snapped I was holding nearly 13k shares and covered 8k near $2.43. I let 5k shares run and still give it hope even though I know it is highly possible it can crawl back up. I finally stopped out at my average $2.6ish.
Choppy stock and directionless all day. Lots of confusion and frustration but overall I managed trades alright.

12/14_VCEL, SKLN, IDXG, UVXY, SPY

VCEL-good trades overall. 1 regret-given massive volume, should long some into breakdown.
IDXG-abnormal volume got me out, good trade
SKLN-was overly protective, holding above VWAP, consistent volume, it kept reclaiming $4 and many people coulda have shorted it got me think it could be crowded. I saw Auspex's tweet and knew it was trash but afraid of being on the same side of crowd so didn't partake the unwind. Given the fundamental and morning action, shoulda at least put up some risking HOD!!!!

after 2pm-FOMC and saw Fed decided to raise the rate and market got crushed so long toward UVXY. Had right idea but doesn't mean I would take money out of it. At the top I was up $1k but didn't take it and the frustration got me out and reassess the situation and therefore missed the move. ETF is just not right for me especially after got used to trading small cap low float I became too vigilant, even one panicking candle could stop me out but that's NOT how you traded ETF!!! You must have big picture idea and allow yourself more wiggle room than trading low float turd. I don't usually have patience and i have lots of fear in it, so in the future likely avoid all ETF! It's just not for me!

12/13_OPGN, IDXG, NVCN

Unfortunately I was wrong thinking lower high then wrong again thinking breakout fakeout stuffing action. Glad I covered nearly half into the dip then decided to play $3 resistance lvl. I don't regret my short, I would do the same trade in the future BUT i will keep size small and cut losses faster.
Surprisingly it unwinded further than I thought with 0 bounce!!! I covered 3/4 and left 5k shares on but couldn't resist to take profit at $2 mark thinking it may get defended. Was attempting to short into volume driven bounce but didn't get any!

Did the right thing covered half into $3 push but should have left the other half on and gave it 1-2 more minutes to let setup pan out. It turned out nice $3 stuffing action so I quickly sized back  in. Minimized it.

News premarket so great opportunity for reshort today! it peaked out premarket at 8am and couldn't make new high since then. So I kinda broke my rule to hold it but small-5k shares into the open and ready to add risking $1.20 lvl. With SSR on it's hard to get filled so I had to be lil early but ready to add if further strength. It did quick spike at the open towards $1.20 and collapsed from there.

12/12_AKAO, JAGX

0 headache trade.

Yes, I took losses but great trades overall!!!! when you trade defensively you can always do well!! I was wrong many times but stopped out just at right time!!!! Proud of myself!!! This chart used to be my account killer in the past. glad I kept my losses under control today. What is confused about this chart is every time it breaks to a new high, it's weak, looks like stuffing action. So stubborn or even good chart reader can really screw up on it.

"2:30pm profit taking late day fade" is what I thought would happen. Shorted 3 times late day but didn't workout. Glad I stopped out again. I was able to detach myself from PnL and traded objectively the setup. Fuck what I think! Trade what I see!! Live to fight another day!!

12/9_IDXG, SSH, OPXA

Not an easy day but I performed the best I could with minor dents

I started in premarket, yes it was due to FOMO but I told myself if it held up post 9:28am I would cover all shares. I don't regret my short, b/c this is turd that can get halted before the open or offering or whatever. Anything negative could happen so longing is never a good option. the only bad thing is I could get squeezed a little bit but that's not big deal.
So Now is 9:29am and market will open in seconds and my plan was to short pop risking $1.70 as long as it peaked out at that lvl. Glad I didn't use size b/c there is no reason to use size in squeezing mode, you have no idea how high it could go. When volume came in and it looked like peaked out at $1.90 so I double up. I was trying to do big picture trade so I refused to cover into dips unless the chart clearly tells hey I am wrong, I must get the fuck out. When the hard crack came below VWAP and held I thought "Finally! Yes it could still make new high but likely get stuffed" So my plan was adding above $1.90 and even $2ish risking $2 rejection. It had another crack but HIGHER LOW!!! that's very bullish sign especially on the frontside of the move and one level got me very interested-$1.80. I noticed big bids at that lvl so my thesis was if $1.80 crack, it has to be a huge red candle snap so I paid attention to that lvl and watched the post-slamming bids action. It ended up 1.80 snap but quickly reclaimed so I thought SHIT, I must get the fuck out!!!!! I immediately started covering at $1.80ish, $1.90ish. I don't care the premium I paid to get out b/c it's right thing to do. And I knew I had to cover ALL b/c I remember in the past I covered only half and let the other half position squeezed. Right after my cover, I started to think if $1.80 bids held and this is squeezish setup it must bang bang bang which bring my entry to $2.50 or even $3. Then interesting thing happened it got stuffy near HOD twice and the volume didn't exeed 1.7million earlier. So I thought okay I was wrong again, It can't squeeze for whatever reason so I started sizing in risking HOD. And gratefully it crashed bigtime!! I had 25k shares with $1.81 average.
I was really proud of myself for 3 things:
1) covered all before the open, realizing $2k-ish loss.
2)When $1.80 crack then reclaim I covered all again when my realized loss went to $5k-ish.
3) When HOD stuffing action is spotted, I brought the hammer in again and nailed the move!
During the entire times, I was able to detach myself from PnL. I was like fuck it, I don't care about loss, just trade it!!!! On the other hand I was confident of my ability to bounce backup and turn loser into winner. I've done it before and this time is no different!!! That's the correct mindset a trader must have!!!!! It's not about $$$$$$$$! fuck it!!!!! trade well, profit follows.

I thought the difficult part is over. It will very likely hanging around LOD and crack later. Guess what....wrong again!!! It grinded all day but due to ridiculously great average I wasn't panicking out. I was trading around the core and covered small into dips and reshort small into pops. I used 5k shares each time that way allowed me to locking profit and most importantly still holding a big trunk of position with good average so that I wouldn't be influenced alot by intraday volatility and still had a chance to profit big if late day LOD snap occur.
Unfortunately it didn't pan out the way I expected. Lots of frustration and confusion, I stared at it all day and my unrealized gain kept diminishing. Finally heading into 2:30pm I told myself enough is enough, I can't keep moving stop-out lvl up. If around 2:30pm it didn't crack or $1.65 breakout again on volume I would stop out. In hindsight it looked easy but in real time it's difficult!!!! Very difficult!!! The reason I did well b/c I had great entry. There must be lots of people missing morning snap and shorted into each pop and got stopped out at $1.50, $1.60ish. Overall I did well, didn't panicking out. Looking back I guess the only danger sign was it was trading ridiculously thick and massive volume which is not typical 10m float stock should be traded. I should have respected the way lvl2 data telling me and locked in more than I did.  Still a profitable trade but I minimized it.
Lesson: Whenever I traded on anticipation, I didn't do well. the market don't give a shit to what you think!!!!!! Remember that!!!!! fuck your opinion!!!! ONLY price action is the king! It made higher lows and didn't break the trend time after morning wash, so there was no reason to add, add add. The best time to short in this setup is catching post 2:30pm profit taking snap. Shorting pop anytime before that time has no edge!!! 
The reason I covered all around $1.46 b/c I thought due to massive volume it could easily "crack and grind" so fuck it!! I don't want headache!! Just take it off and call it a day!

SSH is sympathy play and it was relatively weaker than IDXG.
OPXA is easy trade. HOD stuffing action and faded off from there. Not much headache on these two.