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."