Thursday, July 13, 2017

7/13_BONT, XGTI, YUMA, TEUM_tough day!

not an easy day sighing....typical day that I would take a huge loss due to stubborness and undiscipline but I tried to manage all the trades the best I could!!! Insanity is back!!!!!

















ez one. I respected the price action and covered all.
















painful one. 3 day swing looks like working out and coming into morning I was up $3k from $1.43 average 2 days ago and ready to cover sub $1 but BOOM it took off and I went from $3k to red...That's trading!!! Glad I stayed calm and added some into $1.60 resistance and covered at $1.30ish. Not gonna overstay due to emotional rush.

















one of the best trades of the day. I tested bids and found it's hard to dip so I went ahead and covered all, not as much selling as I expected and that was the best dicision I made . This is the one I rather miss than making money after up and down swing. Not worth risk and my time!!

















Finally the chopper of the day. I made great exit due to grinding action but then got myself into trouble again shorting risking $0.75 o/u. Looks big resistance at that lvl but man it pierced through but the piercing action seems odd so I reput shares back on but it continued moving upward so I took it off realizing $3k loss. Did the right thing and the loss is there. Then I flipped long given people are trapped, $.75 lvl breakout and holding and SSR and I got lucky that it put out PR before it ripped thru $.90s but action again seemed strange so i sold 2/3 into $.90 and rest into $.85. Overall I did okay. I took reactive trade, I stayed patient with my entry, observation and exit. Keep the loss contained but maybe long is unneccesary given low probability of win rate.

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