3/31_HTGM, AKTX

Fast track pump and exercised patience to wait for the open then initiate short into chasing. Nailed it.

on the backside, big pop often gets stuffed due to long crowded and bagholding. I perform the best in normal period but at this point I think bulls start to realize hmm maybe it's not that easy to make money just longing it. Starting next week I will resume implementing my strategy but always be cautious when a stock holds dips!!! Remember reduce exposure when things aren't clear and strike when opportunity presents and market confirmed your thinking.

midday lull unnatural volume. avoid !!

3/30-PRAN, IDXG, BVXV

mania period is over and chasers gone and liquidity vanished. Should have sized in bigger and held longer.

This is important concept in shorting. Based on 1-minute candle, always cover partial into red candle above VWAP!!!! When it holds it could go higher. There is no point step in on the frontside and trying to call the top. Knowing mania period is over I shouldn't have longed it. Got HOD stuffed and couldn't sell but 30 cents lower. Market sentiment plays huge role in trading!!! Be aware of that!!

3/29_TNXP, HTGM recap

last day of mania period! higher low+high=GTFO!!!! especially it's trading near premarket High! had a chance to buy at $5 but hesitated. Used 20k shares and got liquidated some. Didn't respect price, volume and what my body is telling me.

HTGM finally comes to the end and during this period I lost more than $160k!!! Among HTGM, APOP, CBIO, and TNXP and that's absolutely mind-blowing!!! I finally decided to take a step back and review all the trades and my performance up to this point and the conclusion I've drawn is frightening myself. It turns out all the $200k I made last year was due to nothing but LUCK. There were so many instances I was only a few steps away from total meltdown/destruction but I survived. This time I got myself fucked badly. It turns out my strategy is deeply flawed especially during mania period!!! Unfortunately it's the mistake/deficiency that many of us have including LX21, DCvipor JAY, elkwood, grittani, AT09, bullzone, etc. All big time short sellers must be destroyed unless you exercise supreme lvl of patience and sitting on hands and waiting for the momo to fizzle off before step in. Putting all the 5-figure losses together up to this point, the number surpasses $600,000!!!!!! That's absolutely mind blowing!!!!!!!! If I didn't short them I would be up $600k and if I longed some of them even small amount it could be tremendously lucrative. If you sit down in calm and think about it!! I can achieve the same result without experiencing stress by simply longing those turds. Remember, all it takes is just a few big trades to make 6-figures!!!! Starting tomorrow, focus morning action and take the rest of day off!!! come back at 3:30pm and prepare trades for tomorrow! The new strategy I am going to implement is buying those stocks. When shorting, ONLY do it at para with set risk or late day lower high action!!!!

3/28_CBIO-blowup again.

got 3 opportunities to take 5-figure profit but didn't. Looking for more fade, homerun. Greed controls my action. got fucking pissed and flipped long twice and ate another $10k loss. The size I used was absurd!!!! 10k shares!!!! WTF am I doing?? I can't recognize myself anymore!!!! I lost control!!

trying to make it work, trying, pushing, trying...WTF are you doing???!!!!!!! Accept the reality!!!!

3/27_APOP, GBR_FOMO trade in maniac period. should have implemented Next-Candle Rule

at the peak on APOP I was down nearly $20k. absolutely unacceptable!!! Again traded on the anticipation rather than the top is formed. FOMO and subjective thinking got me fucked! Had to wire in $20k to avoid PDT tomorrow. sighing once again I've lost control by using size and push for homerun and comback trade. I must control my action!!! Condition could always get worse, hole could always get deeper!!!! You must stop digging!

3/24_HTGM_BLOWUP_6-figure LOSS!

lots of mistakes I don't know where to begin. The mentality coming into the day is flawed in the first place. Even knowing it trapped lots of shorts and got ultra low float but still couldn't shake short bias off my head. I didn't sleep well last night and all I was thinking was how do I nail this shit tomorrow, how do I get my large short near the top, etc. That thinking clouds my mind and the first thing I thought was shorting. I never thought of the possibility of longing it. Therefore I tried to put some shares on premarket but glad I did the good job stopping out. I incurred $7k loss before 9:30am which is not the worst case scenario but definitely not good way to start the day. So I hate to admit but it's true that $7k loss premarket and $20k loss yesterday put fuel on fire in my body and I was destined to hammer the shit out of it which leads to my second mistake of the day shorting into strength on the first candle. That is not a big mistake but the biggest mistake was it barely dipped under $6 and quickly reclaimed back in volume, instead of recognizing it as big danger sign I threw shares back in it which is essentially adding to loser, shorting randomly and making it to work. I did have stop out lvl in my mind but I didn't respect it. Initially I was risking HOD/premarket high-$8 but it kept ripping and putting bottom at $8.50ish. Here comes my next mistake: instead of recognizing FUCK it shouldn't be like this and all dips got absorbed massively and had very weak pullback, all of these are bad signs as short seller BUT I chose to ignore it. The thing in my mind was "how much further can it go? it already made big move, it can't go much further. Just wait for those bids(covers) done there covers it will collapse. Exactly same mistake on DRYS on the day it went from teens to $44. Then the next round of squeeze took off and even got volatility halt. As it approached $10 again I made a random assumption that $10 is going to peak but again WRONG!!!! I covered 5k into the dip fortunately and added it back on into the bounce risking HOD but again WRONG!!!! Through the entire move I randomly shorted and adding to loser without confirmation of price action. Then I got liquidation near the top which kindly pissed me off given it pulled nearly $2 from there. At this point I was holding 10k shares with $9 avg. and had no interest to cover at all. I was determined to hold and wait for the collapse to cover which further leads to the next mistake:

Each dip got held and it made higher lows and volume was sustainable. Combined all these together it did breakout and actually held near there onto the dip. At that point I was physically and mentally toasted and couldn't take it anymore so I covered all near HOD.

at the end the damage is there. First 6-figure loss on my account. All it takes is one ticker, one trade that wipes out my entire year's profit. Yes I am still up YTD but very very smaller. Just when I thought I finally got my feet off the ground it completely backfired and threw me down into the hell. At this point there is nothing I can do. I have to work on my discipline issues otherwise the next loss will come sooner or later. Namely cutting losses quickly, never adding into loser, watch size, respect trend!!!!

3/23_HTGM, VSR_shitty trades!!!-$20K

Again very similar mistakes and situation I dug myself in. The only silver lining was I stopped out at $3.22 before rocket took off. Then trend held and it traveled further than I thought. Looking back there are lots of red flags: relative volume, each dip got held, crack and grind action. The main loss comes from cover at $4.70ish thinking it could reap again. Tough to read and trade of course. I was wrong finding the top many times. the price action looks very stuffy at $4.20 then $4.35 but it just breaks through it and settled at $4.60ish....very frustrated type of play. I guess I am not the only one got stuck.
Main takeaways:
1) shorted too early after apparent trappy action
2)when dip got held, instead of downsize I kept holding and waiting.
3) Stuffy action so I kept locating and ended up using all my BP and holding 40k shares with $4 avg. Everytime I used size I am having homerun mentality which caused me trading reckless, giving it wiggle room and refusing to stop out.
4) "crack and grind" it dipped below $4 but furiously reclaimed!!! that's HUGE red flag!!! GTFO!! Run ! don't walk!
5) attachment to pnl and even saw big red flag refuse to cut the position! I ignored the danger sign! you have to take pride eating losses otherwise you can't make it to the end!
EAT the fucking LOSS!!!!
EAT the fucking LOSS!!!!

later part of the day I traded well and made $5k back.

hard to trade as well.MOMO but stuffy at the same time!!! hard to read!
Starting tomorrow: downsize!!!!!! be aware of your action!!!

3/22_PULM, IDXG, MBRX

traded it very well both long and short.

tried to be cautious when shorting bounce risking vwap. worked out!

worst trade of all. should have at least cover some near support. stopped out too late!

the volume made me scared so avoided it. shoulda woulda coulda. ... unreal fade...
overall I had decent day. tried to be conscious of effect of "fear" and "greed" influence on my trading!

3/21_PULM, ESPR, VSR

Unreal unwind!!!!! good long premarmket!!! it's traded like NVDA, once the MOMO shifted it went straight down!!!!$48 peaking action I was there!! but didn't size in enough!!! too scared to be wrong! From my experience $40ish stock is hard to trade!

VSR is easy trade! I stopped out due to holding action.
PULM was fucked up by myself!!! it couldn't make new low and it's low float+SSR so what's the point of holding and waiting?!?!!! Greed is taking control of me. I may not realize the force but it exists!! Very frustrated trade!!! Turned big winner into loser!!!!

3/20_BLPH

very few low price, low float runner so called it a day and wanted to focus on DSLR.

3/17_PULM, AGRX, TOPS, DFFN, GLBS

Did the right thing stopping out before the secondary move took off!!! Looked like HOD stuffing so I got short but it's hard to read and due to recent bad memory and inconsistency I cut everything near HOD. The right thing would be stop out half and give it little more time then react! Glad I got back in and minimized some losses but it unwinded further than I thought.

look very weak and stuffing action near $3.30 area so I shorted again. Added shares trying to make it work but not much selling pressure exist like I expected. When the stock is drifted towards support line there got be some sort of liquidity burst and panicking but not here. I took it as red flag and covered all. it could squeeze if it wants too and possibly day 2 like last time.

$3 couldn't peak so I covered all. should have re attacked again but "bounce short" makes me nervous so I said fuck it..move on.

didn't pan out the way I expected and didn't take  any position until my emotions got tighten and Fear of missing out so I shorted into bounce after big washout. Totally bad trade but can't help it.... I should have at least put some shares on pre-market but my history tells me nope...patience..and wait for the entry...then I ended up missing the play.. Patient don't always work out. As short seller you got keep trying! Let chart tests your thesis!

killer trade. 20k shares short near HOD. 5-figure trade without headache and stress.

moves with TOPS but lack of liquidity. got squeezed a little bit. Not ideal entry in terms of position sizing. Should have saved some bullets and waited for better entry instead of freaked out and covered partial.
Overall great day!!! The only way to survive in this game is trade defensively!!! cutting position and taking loss if needed!! don't even think of twice!

turned huge 5-figure trade into small one! too greedy!!!! time stop loss should been triggered!!! I was confident and patiently holding because I have ridiculously good average!! so...starting next week, focus morning action and take the rest of day off!!!! no reason wasting time and energy on choppiness and uncertainty!!!!

3/16_TOPS, GLBS, CERU_not easy day but I traded the best I could!!! well done!

the trade I am most proud of is my cover near $1.70!!!! feeling it's crowded and no selling pressure exits!!!nailed the top and covered into dip thinking it's a trap and I turned out to be right!!then took time off for lunch and camera pickup.

came back from lunch feeling a little upset because the selloff ruined the setup!! shorted small near VWAP at bounce but each dip look like "crack and grind" action so I market covered full position before massive squeeze took off.

great trade!!! 2/3 off the table and keep 1/3 for $3 snap and wash but never occured. Added small into the pop and it's my conscious intention to add only small to keep ideal average so even it squeeze back up I could get out without much damage and that's exactly what happened. Yes minimized it but great trade management!@

ridiculous chopper!!!! glad I avoid the low volume front side runup entirely. I know it's hard to trade due to volatility, liquidity and its past action so kept size small. When TOPS pulled big midday I shorted into the bounce but it never made new low!!!!! which is probably reason why it led to EOD mini squeeze got me out. Thought it would do what TOPS did but nope...Wishfully have Day2 for TOPS and GLBS!!!

3/15_CERU, KOOL, DPW_will dramatically size down until GradeA setup presents!!

Could have stopped out earlier but didn't!!!!! The problem is deeply rooted in my body and couldn't fix it!!!!!! I am not willing to eat the loss!!!!! This is the situation you have to lose the battle in order to win the war!!!!!! If you can't take small loss, sooner or later you will take the mother of losses!!!!

stress free trade! grateful for the opportunity!!

Nailed the first move and grinding action got me fucked!!!! Too greedy and wanted too much!!!!

Should have covered more when pullback but hold action is spotted!!!! but trying to sit on my hands, trying to be patient and trying to give it more time...didn't pan out!!
Starting tomorrow:2 things:
1)trade small unless real golden setup is there
2)focus morning action and late day if there is opportunity!! avoid midday chop(11am-2:30pm)!!

3/10_CATB_biggest loser YTD!!!

at the beginning it wasn't that bad. I shorted morning push and covered partial into the pull and for whatever reason I decided to use size. I saw the divergence from the setup play in my head but I didn't stop out. Instead I kept fighting and rationalizing and trying to make it work.
Lots of danger signs but I didn't stop out:
1)morning HOD breakout and hold
2)relative volume!!!!
3)massive volume and killer daily chart
Then I compounded my mistake by adding to my position/loser again trying to make it work. Making assumption that it's gonna stuffed near HOD but wrong!!! It turned into monster straight up parabolic and I had to cut my loss there. the silver lining was I shorted near 50s and made $6k back.

I have to admit whenever I take huge loss I set my body and mind on fire!! I started taking large position trying to make back the money I lost, I became a FOMO and started slamming bids when weakness spotted and gave it too much room for stop lvl. the only thing in my mind was how can I make back the money I lost!!!! WRONG!!!! but can't help it!! Sometimes things just not gonna workout!!!! close it and get away from the screen!!!!! During midday I shorted into weakness and forced to stop out taking additional $10k loss. I caught EOD snap but not in full size. at the end of day -$34K!!!!!! I think the main problem was "SIZE"!!!! I got used to using size and big pnl in the past few months but the problem is all it takes is 1 play to wipe out money you made on 10 other plays!!!!!! It's easy said than done controlling your emotions. But it's trading. At the end of day when I look back I knew the right thing to do but couldn't do it!!!!!!!!!!! Can't help it!!!!! fuck humanity!

3/9_OCRX, AUPH

I have to admit was kinda influenced by yesterday's weakness action so got a little aggressive on it. Lots of red flags not that I chose to ignore them but in my eyes this is 50/50 type of situation so I chose remain short and even added to my position ended up having 40k shares. When it was forming wedge I saw it kept stuffing but at the same time it made higher lows down there but when it broke the wedge upward I stopped out. The loss was already there but I did the right thing. The only mistake was using too much size in the first place. this is not even low float turd and got killer daily chart. There is no reason use size on shorting!!!

I tried reshort in case it breaks down without me and the lvl I paid lots of attention and respect is $1.50. I wanted to see convincably breakdown and continue selloff but nope, it absorbed and reclaimed!!! I covered and that was the best trade of the day!!!!!!

hard one and I believed lots of big time shorts got smoked. exercised patience and nailed EOD move but lvl2 looked strange and it didn't pan out the way I wanted exactly so covered half earlier and rest before the bell.

3/7_MOSY, HTGM, MYSZ, NAKD, ETRM

could have done so much better but influenced by yesterday's overstay and got out. Should have held some!

Awesome trade!!! perfect cover! perfect reshort HOD stuffing.

perfect trade, sensing no liquidity so covered!!! it grinded all day

speculative long! daily chart breakout. Didn't workout, nasty stuff, so cut loss quickly.

low volume turd grinding and looks like about to breakout and continuation into the late part of the day but nope, stuffy near HOD and last time it ran it closed midday range so was planning to visit after 2pm but it cracked earlier than I expected. Glad I sold my position after saw stuffing action rather than holding and rationalizing and waiting for miracle to happen..