prop to myself adapted to the market and started long premarket then flipped short near the top. But unfortunately turned winner into loser by reshorting too early disregard the momo. It made new high then faded through the day. Shoud have reattack but nope don't wanna headache and the volume seems pretty sustainable.
$4 couldn't hold several times and that should be the time for me to reshort!!! Got busy with NOVN and ignored it. I only have so much mental energy to exploit.
Should have held it just a little longer. Yes bigger relative volume but the subsequent volume never exceeded it.
Biggest gain of the day. Good job but should have held some as it snapped below $3 later.
Headache, exhaustion, frustration comes all at once. Lots of mistakes trading it.
1)Position Size!!! worried of running out of shares so I located 15k shares immediately.
2)started shorting too early at $7 and got squeezed to $8 before peaked out.
3)Due to FOMO reshorted too early without waiting for the volume surge and therefore got squeezed!!! totally totally avoidable!!!!!!!
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