Thursday, March 2, 2017

3/2_AUPH, PBYI, PTCT, MYOS, SBBP_-$7K Before market open


PTCT-was a emotional casino trade. After saw big gap down I took a random ss risking $10 over/under. My size was absurd-6k shares with $9.70 average then boom it pierced thru $10 and almost touched $11. I should have known immediately that I was in trouble and my thesis was invalid and looked for exit but I still didn't do so. At the end I had to realized the loss.

















No bias coming into this...huge runner yesterday a/h and ran further today in premarke. It reminds me of bad memory in the past just like SGY so I tried to avoid it, no long, no short then....


















Should have taken some shorts risking premarket high but man this is tough one!!!! the fading action coming into the open is a weakness/washout indicator!!!!!!
















gift of the day!!!!! feeling grateful!















mid cap 20% gap down with SSR on stock. Definitely not easy to trade but I took some. Glad I nailed it. Should avoid it in the future no matter what.
















casino trade! used 10k shares on a stock that's thinly traded and lacking of liquidity. plus stuffing action and top heavy why the hell I kept holding,wishing, hoping and praying it would work out??!!

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