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!!!!
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