shit hits the fan. the worst day in a while. Been doing pretty well this month up until today...Didn't start the day bad tho but SPEX's overly patience hold and MBRX's fight mentality got me fucked.
Why the hell I was trading whole day today??!!! I sacrificed well being and took huge loss. The market don't give a shit about you!
conviction short and intended to hold all day but hell it couldn't make new low and that's a danger sign but I ignored it!!! Was up big on dips but didn't take single share off!!!!
0 regret taking short position but the problem is when it started to grind I didn't take it off. The funny thing was I even told myself that but didn't do it. I kept waiting around and wanted to see what happen. That's bad decision!!!!!
Glad I didn't do all things wrong. At least I covered all 2 times and that saved my ass big time!!! but for whatever reason I was destined to fight it, couldn't help myself so I shorted again and again. The main damage came from that HOD breakout fakeout cover. That was really unexpected. In the end $9k loss combining all shorts together. I don't even know why the fuck I was thinking to attack it after 11am and volume gets bigger and bigger!!!! I even tried 2:30pm profit taking but when crack didn't happen I hesitated and got panic cover at the top. I really lost my emotion balance on it!! Couldn't help it!!!! the best trade is no trade!!! I guess $2.20 resistance yesterday trapped lots of people!!!! The stock is hard and choppy!!!! it's counter-intuition and I do certainly believe big money is behind it!!!!!!! from what I saw, big lvl resistance got taken out many times!!!!!
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