Tuesday, December 27, 2016

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!!

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