Thursday, February 16, 2017
2/16_SCON, NOVN, ZSAN_lots of casino trades!
Why the hell I longed after saw 2 buyers exhaustion selloff candle?!!!!!!! Glad realized wrong and cut loss quickly.
Anticipatory approach!!!! deserved the loss from long. Again glad I realized it and flipped short.
The hardest trade of all. Can't deciffer the news and it's the 4th day since the news was released. Choppy action without clear direction either long/short. The best is avoid!!!! I longed initially but after saw big red candle slamdown I quickly got out and flipped short. Nailed the support. Very few play has 1.2m candle mid morning, it first looked about to crack then quickly ramped it up then boom stuffed then pulled. Lots of dramas and emotions occured there!!!! Again avoid avoid avoid!!!! Focus on smooth price action! Everything else avoid!!!
Long trap!!! my unrealized gain started adding up and every indicator is pointing to the upward direction so got me comfortably holding 7k shares. I ignored the time stop so got dumped!!!
then flipped short and made back and more.
the hardest one to trade recently!!!! I am glad I didn't short too early otherwise I must exhaust myself. Lots of manipulation on it and I am pretty sure it won't end nicely. that $3 crack and ramp up is sickening action!!!! But I still remained short biased given the nasty things they been doing-absorbing, sulking and saving it countless times from falling, they must have a bigger plan for this. So I got short some and nailed the pull before the bell. It was literally 3:57pm before it fell off the cliff. Who knows what's gonna happen tomorrow maybe offering maybe not i don't care.
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