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!!!