1/20_ETRM, IDXG, GLBS_best way to close before vacation

Looking back it's easy but during premarket it kept going after I took position it's very scary and frustrated and b/c my position was big my pnl swung wildly. But I got conviction on this trade therefore I risked big on it. I saw $7.40 and $7.60 resistance area so my thesis was as long as it settled below $7.40 I would be comfortable holding position. It's okay to pop above it and I was ready to short each pop above it. Definitely not easy b/c it went further than I expected $7.40, $7.60, $7.80 then I was so afraid what if $8 break and hold then I would cover full position by taking $10k hit! Very glad it peaked out at $7.80 and unwinded from there. Had 14k shares short with average $7.15ish. Homerun trade!

Luckily midday offer!!! God is on my side today!!! Feeling blessed and grateful!!!

Was thinking to start in short $9.20 premarket but saw relative volume sustains so fought my urge to short!!!! Glad I was disciplined and patient on it!! This piece of shit did unreal moves past two days and it caught lots of people off guard for sure! Unreal weakness after morning para!!!

Same mistake as DRYS, totally totally avoidable!!!!!! Glad I realized it and covered into dip without hesitation!!! On the backside it's much easier .

1/19_DELT, CATB, APRI

APRI-stupid, casino, undisciplined trade!!!!!! Used size by taking anticipatory approach and as the outcome I took  $4k loss. Totally toally avoidable!!!!
Lots of red flags on longside:
1) support crash-$2.65 and $2.50 so why the hell you think it could reclaim and boom?!!!
2) added to loser instead of cutting the position at the failed bounce.
3)diminishing volume but I ignored it! big 200k volume on the first candle and no subsequent volume can exceed it so why the hell I didn't size out!????
4)What comes down to is I am just not good at this setup!
it's dangerous to have preoccupied mind and plan and I compared it to OPTT and HMNY on day2!! Remember every stock is different, every situation is different!

easy trade and I used size, nailed it.

Turned loser into winner. Could have done so much better! Didn't cut full position when saw increasing relative volume that's mistake No.1. Didn't cover enough when support "crack and grind" action appeared.

Tough to trade, long and short!!! can't read its price action!!! lots of confusion and mess!! I did the best I could by followed the price action. Heading into 2:30pm so I sized in but BOOM! unnatural volume spike took off so I stopped out and flippd long. But it seemed HOD stuffy action so I sold my long and flipped to short. Then again the price just wouldn't come down and lots of absorption occurred at $1.90ish then it slowly grinded towards HOD and even breakout so I covered and took loss again but then it did nasty panicking and I thought that's it!!! it's going to unwind so I sized back in again and covered before the market closed. I was in-n-out, in-n-out constantly!!! Lots of headaches and frustration!!! It's not worth it even if you make money at the end!!!

1/18_APRI, NXTD, CHCI_Roller Coaster day! FUCK FOMO!

0 headache stress free trades but APRI gave me a lot of hard time...

I didn't trade that bad on the frontside honestly speaking. When I saw relative volume red flag I covered into pop. This trash is hard to trade. The lvl of difficulty is beyond what I could handle now. $2.50 got lots of sellers but BOOM!! got ran over then it comes $3.00 resistance then BOOM!! got ran over again.... totally totally unexpected price action and volume!!! There is one thing I did bad on this was "crack and grind" action!!!!! It's got 3 "crack and grind" but I failed to take as much as I should off!!! Very trappy action and Madaz lost his ass bigtime but what differentiates me and him is I could stay calm and objective and patient and trade it but he couldn't. Yes at the end I turned nearly $10k loss day into $7k gain day but man the process isn't easy!!!!

Did a lot of bad trades but good trades as well so I did minimized realized loss quite a bit. Saw the trend break so I stepped in shorted and nailed the pullback b/c due to volume it could still run back up.

After I covered all my shares at 12pm I started making two big mistakes. Given it has traded more than 30million shares I shorted randomly into weakness and got squeezed. The main reason was FOMO and weakness and trend breakdown got me believed this is it!!! It will start unwind but hey trading is all about "ENTRY" AND "TIMING"!!!!! Yes eventually you wil be right but you will experience lots of turbulence and there is chance you can't make to the end!!!!!!! I chose to disregard the time of the day and shorted anyways and I used size!!!!!!!!!!Got squeezed both times but I told myself using $3.90 prior top as resistance and stop out point!!!! Glad it finally worked out!!! Had I went out for lunch and came back after 2pm things will be much much easier!!!!!! It doesn't have to be hard!!!!!!!!!!Classic EOD profit taking and dilution!!!! Same setup as PULM yesterday!!

I been trading crazy these days!!!! Must size down and just chill a little bit!!! can't keep push push push b/c like Madaz it's just matter of time you will have dug yourself deep hole before realized it!!! Just 2 more days before I fly to China so take it easy the rest of week and enjoy the days off and come back stronger!

1/17_GEVO, BNTC, PULM

Huge day, did pretty much everything right!!

Everyone seemed to be long biased coming into market open and I traded it days ago and I know this is POS. Especially after I saw $5 couldn't hold I attacked it!

ODD pump so definitely POS but where and when to short becomes the question. glad I saw relative volume there so I covered all at 11am and avoided massive squeeze. Thankfully for the squeeze I was able to reshort it and risking $3.90(massive sellers at this lvl)

Thought the news is meaningless but saw relative volume danger sign so I covered!!! great job done that!!! I thought it could keep going and ideally it touched $2 to give us perfect short entry but nope...it got very stuffy near HOD so I put up some shares POS. This is where I made mistake: it was only 1:30pm so I should have taken profits there but I didn't and I ended up getting squeezed and gave away some unrealized profit. Saw HOD lvl got stuffy again especially when $1.80 couldn't hold and high $1.70s got stuffy so I reshorted for EOD panic. Nailed the move!!!My stop loss is $1.84 over/under with volume!!!! Good read, good analysis, good plan, good execution and good exit!!!

1/13_TBIO, NAKD

Sometimes you just need to be thankful that you are not able to trade due to whatever reasons. It gives you time to relax, layback and prevents from possibility of disaster. Like Nate said once, "you never know what you would do until you were faced in the real situation".

TBIO-overall great trades. Massive volume so you need extreme patience picking entry and time point. I started premarket 20k shares and did the right thing covered half into pull and wanted to add back after market opened. This is what happens when a stock traded 60 million shares yesterday and gapped up 40% today!! Lots of emotions in the morning so the ONLY edge you have is shorting morning pops risking premarket high. I had 20k shares with average $1.49. Gave it time but the setup didn't pan out as I wanted and to my favor so I got out. Looking at the big picture the trend holds so I wouldn't be surprised to see $2 later the day.

Nasty shit and midday offering killed all retail buyers. To me it looks like 50/50 so the right thing would be staying away from it until that big red candle slammed it below $3 mark and held below it. The ideal shorting spot is $2.80-$2.90 after slamdown.
I got a day trade call which required me wire $4k to my account to avoid 90day account freezing. I got too aggressive on ETRM yesterday and this is the first time I got myself involved in this rule. Will watch size in the future!!!

1/12_TBIO, MYOS, THST, ETRM

Solid trades most of the part except 2 trades in the morning on the front side.

Had 2k profit but didn't take it. Saw the relative volume coming in but didn't stop out. Then emotionally covered into the squeeze then boom!!! dump happened there and never looked back.

Same mistake as MYOS!!! It's funny I literally just made this mistake minutes ago but did it again!!! Felt disgusted with myself!!!!! Turned $3k profit into $3k loss!!!But saw failed breakout and dilution so I stepped back in and gladly patience worked out

Went to return optimum modern so let the trade work. Didn't make to the end but happy with profit.

Had conviction on this turd but doesn't mean you can just size in at random price point and time. Saw relative volume and VWAP hugging action so got out. I made plan to trade full size if it has chance to touch $18. had 6k shares with average 16.5 and one thing I am glad that I took 2/3 off into dips and let 2k shares run. Then abnormal massive surge that knocked me out of the game. I don't know the reason behind it but no headache I wanted.

Great start of the day: saw relative volume and near premarket high breakout point so longed 14k shares. The cool thing about long side is it doesn't have to take big position to get paid nicely. Glad I adapted!!!!

1/11_BIOC, CUR, URRE, MYOS, ETRM_Finally ETRM mania officially ended!

another ridiculous, frustrated day for me. Used huge size on BIOC premarket and loss and frustration make me impatient and didn't size in at right entry points and time.

My plan was simple, shorting risking $2.55 over/under on lower highs. Had 2 chances taking profits but didn't and turned $3k gain into $3k loss and that's the part pissed me off. Gladly I did right thing covering everything before the open. In my head I was thinking $3 lvl is definitely coming!

Market open then boom-3m shares green candle lead me to become short biased again b/c frankly how many 3m candle can sustain this move?!! However I made a stupid mistake by throwing Epica's teaching completely out of window. Right after I saw big red candle I sized in immediately at $2.80s and got squeezed to above $3.00. I covered 1/3 in $3s just in case it holds and uptrend from there but turn out it's a stuffing move so I immediately reshorted some. It worked out perfectly and I could have taken some profits at$2.60-$2.80 but I didn't. I knew it's just matter of time before the ultimate crack and at that point I had 27k shares short with avg. $2.98. Surprisingly It grinded back and started basing/peaking at $3.00 magnet lvl. That make me extremely uncomfortable and I downsized just in case. Then Boom it started cracking and I sized back in.
2 mistakes here:
1) Entry! Entry! Entry!!! I threw patience away and randomly shorted due to FOMO! remember this is MOMO stock trading 10m shares in the first 10 min!!!!! Besides entry, my timing is off!!!
2) I had 3 chances to take profits but I was thinking ground slam homerun and didn't cover single share! I remember during shipper euphoria those shippers go straight down. BIOC obviously overly extended and with ETRM's weakness I had too much patience and with bad average, my unrealized pnl swings wildly and caused me made irrational decisions.

Had I had patience in this case most likely I would cover at $2.50ish into late day 13G news. The only best way to trade it is capturing morning panic OR swing this multiple day and ignore intraday volatility with stop of course. Intraday lull you have no edge!!!!!!!! long or short! Ended up turned loser into winner then back to flat.

CUR didn't get filled which tells me this turd is extremely weak. Should have slammed!

URRE-awesome trade! saw abnormal volume then market stopped out! It saved me lots of $$. Tried late day panic but didn't pan out as I expected.

MYOS is new version of ETRM(2.0). Pure sickness!!! low float+SSR+holding above VWAP whole time should be interpreted as HUGE red flag!!! but I chose to ignore it. Got slaughtered shorting it but glad I did stop out or the loss would be 2 or 3x than I had.
The best thing I did was stepping out of my comfort zone and flipped long dip. Only made it to $5. Hope the trend holds until tomorrow and ideally gap and go and give me a good entry.

Finally ETRM's craziness ended today! Luckily I didn't have shares to short or I would get fucked up pretty badly. Huge props to Madaz making lot money from longside. I must learn to adapt and long!! Not only it makes me stress-free money but also it serves as red flag when I am thinking short it. The key is higher low and volume!!!!

1/10_ETRM, GNVC, XGTI, CUR, IDXG and many others_craziness gets intense!!!

know today will be a crazy day given the fact ETRM's trending action enter day4. I had 2 plans in my head: 1) premarket push and sets up lower highs then I will size in sympathy plays with HOD risk, 2) if no lower high and momo stays, carry 0 shares into the open and ideally morning para to size in.
Unfortunately I didn't stick with my plan:

I know GNVC is very likely trading along with ETRM so my plan is simple: premarket short and used ETRM as a guide for me to manage this trade.

Surprisingly ETRM survives and break the downtrend and that should be the point for me to use market order to get out GNVC trade but I didn't. Keep in my I sized in from $7 and if I remember correctly I held 4k shares into the open and I changed the plan. Instead of carrying 0 share into the open I decided to see the price action of the first few candle then make decision from there but the problem is...it moves tooooo fast and furious. By the time I realized what's going on it was already up $.50-$1.00 in a matter of seconds. Same situation I found myself in during shipper mania on SINO and DCIX. I did start downsize into the pullback but couldn't get filled as much I wanted. Didn't think of the possibility that it would touch $10. When it touched $10 I was down $14k realized and $15k unrealized!!!!!! Absolutely nasty and ugly hole I dug myself in. But I was holding my ss tight b/c ETRM's weak action led me to believe GNVC will peak out at $10 and downtrended not necissarily the rest of day but at least will be profit taking phase. At the same time I had shorts on XGTI and IDXG and ETRM's big red slam down got me comfirtable holding position. I used nearly all my BP shorting telling myself this is once in a life time opportunity(YOLO!!) Then starting there I made lots of right decisions-covering GNVC at various points and XGTI and IDXG when ETRM reclaimed and continued uptrending. Thanks to DRYS I stopped out everything!!!!!!

I tried reshorting GNVC at various price and time points but didn't workout given ETRM's strength and staying power and overall low float market environment. I figured the rest of day is not bearish. The next time to attach them will be tomorrow morning!!!

XGTI-awesome trade! stopped out when it failed making lower low. I stepped out my comfort zone and scooped some long anticipating AH/gapper action but didn't pan out as I wanted.

CUR turns out the one !!!!!! I know during this euphoria period, money flows from play to play. Sickness is taken to whole another lvl!!!!! I had best cover at $4.55!!!!!! Profitable trade for me but why didn't I think of long given overall low float reverse split crazy market we are in???!!!!!

1/9_ETRM, XGTI, GEVO, EGLT_sickness continued....

Made 0 trade. Worried about halting risk. Today is Day3 and it gets sicker. Mental deficiency!!! Must overcome it!!!

midday scalp.

Used size on this anticipatory casino trade. Paid the price!!!! Totally totally avoidable! greedy and looked for fast money and sympathy possibly with ETRM.

Main gainer of the day. it goes what I expected. worked out.

1/6_ETRM, ZFGN, GEVO, SKLN

Totally totally unexpected!!!! Beautiful crack, trap, grind then squeeze action yesterday!!!! For whatever reason it's just difficult for me to long it, same situation as DRYS knowing that it could squeeze but hard for me to push the button. I am sure lx21, elkwood, dcvipor jay are underwater at one point or another. Had I had locate I would possibly get screwed too. Lots of opportunity for me to long it but didn't do it. Remember trading is about risk&reward!!! I must overcome my mental hurdle because big money can be made from long side!!!!

got lucky after taking pos, diluting all the way downward.

not as much selling as I expected so covered. gt.

same situation as SKLN so I covered. Not much selling, higher low, holding above VWAP, these danger signs got me market covered. Most likely done for the day. did 2 EOD short but didn't workout. stocks associated with JPM price target upgrade is not the one mess with.

1/5_ETRM, IDXG, KOOL_Entry&Timing is the KEY!!!

No locate, otherwise I would get myself into trouble very likely. Likely I would short into lower high at $4.30ish and got squeezed to near $5 and when backside comes I would short at $4.10ish, $4.20ish and got squeezed to $4.50ish. Tough one!!!!! Entry and Timing is the KEY!!!!ONLY big picture short with strong conviction keep you in the game. The volatility is very similar to IDXG on day1!! If you try to be perfect on the entry and do NOT allow yourself enough wiggle room you won't make it! But if  you allow yourself too much wiggle room you can take a huge hit. Not easy!!! The best way to tackle this thing is perhaps keep initial position small and anticipate unexpected and use that unexpected lvl as "ADD" in this case is $5 lvl!!!

Easy trades, did what I expected.