Thursday, January 5, 2017
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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment