8/31_FSNN, MGTI, LINU, PYDS

nice trades today. Did lots of good trade and most importantly exercised patience on LINU and it worked out thankfully!

glad it worked out!!! came to it with my plan-r/g volume push and fail then unwind. nailed it. 

killer daily chart and thought it's got juice on the upside so bought dips but when support cracked I got out the fuck out even though holding and waiting would turn red to green but I did right things. 

paper cut again. $2 reclaim is BIG red flag to shorts!!! I shorted twice subsequently but didn't work out. not gonna fight after 11am!

OTC is not my house!!!! thought the panic unwind would happen in the morning but nope... so took eyes off and focused on LINU. plus execution is hard so maybe just stay away in the future!

8/30_DY, OHGI, LINU

the worst trade of the day is DY. made all mistakes in the playbook. shitty setup, shitty price lvl, used size, added to loser, dips held and refused to get out before the herd.

I had 1400 shares short and got caught on $2 squeeze and covered near the top. Why the heck I added to my initial position when it was still grinding at higher lvl?!! classy newbie mistake trying to make it work. 

Overall I traded it alright. The only thing I am ashamed and pissed of is not covered when second red candle dip holding above VWAP. It definitely traveled further than shorts thought and looks like $2 holding up action so fuck it imma out. not throwing myself into 50/50 situation.

tricky one! should have sized down when heading out for lunch with zheng ge. No luck on it. tricky action when you see big bids at $1.10 and got everyone think they are propping bids just to remove them later. everyone got tricked!!!! Reshorted for late day fade but look like $1.20 hold. fuck it I am all out!!! this setup really turned from 90% to 50/50 setup!!! avoid!!!

8/29_MBRX, JUNO, LINU

overall I traded well. the only problem is using bit more size than I should on JUNO but glad I cut it off instead of fighting it like I did in the past. 

as soon as I saw the fight sign of red flag I got the fuck out. Yes took loss but it's good loss. I could get out earlier and minimized the damage. got work on that! focus not just the price action and volume but also the time/duration. Remember the price action MUST fit your mental picture!!

lots of absorption in low $2s and I saw my cover hard to get filled so I covered all there. 50/50 setup. Looks like it will reclaim $2 and pick a trend. 

weaker and more selling than I anticipated so I reshorted. could have manage the exits better. 

8/28_FSNN

shitty action so got out. proud of my exits instead of waiting for the crack that may have 50/50 to occur

equal power of buying and selling and looks like "they" try to hold it above $2. who knows what grand scheme picture they have in mind. No coin flip!

8/25_CDNA, ABIL, ADMS

shitty action today. what can you do about it?! accept it and move on!

holding action so covered.

longed risking $20.50 thinking trapped shorts and gaining traction. didn't workout.

headache of the day. Long initially but peaked at $3.20 which is yesterday's resistance then flipped short but $2.80 based and didn't get as many shares out at the bottom then killer ramp up got me covered all and flipped long but just chopping chopping without clear direction of its going. Yes it looked absorbing but lack of volume, really pathetic action. Break-even day for me call it a week. Tough one!!! Starting next week really need to start narrow down the setup you trade!!! No reason to stick around when selling isn't there.

8/24_RTNB, IMNP, FENG, MOSY, CDNA

what a crazy..undergoing the aftermath of disclosing my current relationship state and details and gets reckless on trades in the morning taking anticipatory approach due to past experience. The lesson is past is only a guide, you can't go into the day solely rely on it. In my head I thought the low float mania period has taken off, it reminds me of market in March and November last year so I was well prepared to long it.

this is what happen when you long trash especially premarket when volume is low. A negative PR destroyed it and I ate $4k loss. Glad I got out immediately without hesitation or the damage could be much worse but the heck this is non-tradable!!!!!! shorting it risking getting squeezed and longing it risking random PR dump/halt. the best is to avoid!

overextended daily chart on FENG so I took short risking $5 o/u. Didn't workout so I got out! I took a sizable position in low $4.90s anticipating $4.80 snap trend break. Didn't workout.

RTNB then took my frustration and loss to the next lvl. Shorts are unavailable fortunately and I took long approach under $3.00 and anticipating HOD break. Instead it made fast ramp and stuff action and 50 cents quick drop caught me off guard. Hard to trade!!!!!!ate nearly $3k loss on it.

MOSY-I did everything correct. Glad I got out it green whereas two pigs ended it red. Higher lows so fuck it imma out!

came back from lunch and fortunately saw CDNA and it saved my day!!! Feeling truelly grateful! However I didn't do things entirely right. Initially I shorted 4000 shares and covered half  BUT here comes the problem I started adding to my position BIG into the push and I continued add till HOD breakout. I didn't prepared for the breakout and at the peak I was down $5k!!! Terrible!!! but the price action seemed very stuffy-$3.60 peaked out and fast 20 cents snap got me think that's it!!! seller stepped in and I need to start loading my short. I took pretty big position on it-30k shares short risking $3.25 mainly. I dug bit into SEC filing and saw offering in April so I am comfortable to hold short when the technical apply as well. Covered the most in low $3 and $3 snap and turned red day into green. Sighing... trading really takes toll on you!! financially, mentally and physically. Starting tomorrow focusing on niche setup and late day ONLY momo players. any signs of frontside/selling not as much as I wanted / key lvl breakdown and reclaim-get the fuck out!!!!!!!!!! The best thing you can do in a lot of circumstances is get the fuck out!!!!! no stick around!!!!!

8/23_RTNB, IMNP, ITCI

feeling disgusted of myself fighing RTNB and IMNP. No short position is supposed to enter after 12pm but I did!!! IMNP-I threw myself on the frontside of runup. RTNB-I shorted into sub$2 weakness. sighing...can't help it.

this is the best trade I took. drew a line on premarket base and covered there before the ramp. No sticking around.

ate $5k loss on it. The loss could be smaller. low float, holding trend and dips and above vwap, sympathy to RTNB. why the fuck you fight??!!! why take position anticipate crack??? it doesn't have to do it. this is 50/50 or maybe 90% going up type of play due to shitty fundamental and therefore crowded short.

another day of surprise. Didn't expect it would pierce through $2, hold then boom continue its upward motion. I started sizing in in low $2 anticipated rejection but the heck each red candle held and made high lows. It hanging around at $1.90s and I thought it would breakout stuff $2 then followed by big red exhaustion candle. Instead it was going up like manic and I saw my unrealized loss ballooned!!! That wasn't the main problem. The main problem was I sized out pretty much all on the "what I thought backside" and then sized back in late day due to weakness.

I must lost my mind. the action below $2 is not that heavy. Yes it looks like lots of sellers on lvl2 BUT the bids didn't get take out dramatically and that's big red flag for short!!!!! No real selling spotted!!!! Use the freaking market order to get the fuck out!!!!! But instead I continued to stick around and see what it does. trading these momo names the best course of action is avoid! the second best action is when stock doesn't immediately do what you want get the fuck out!!!! no sticking around! Ate $10k loss today. The loss could be much smaller had I avoided post 12pm short!!!!!!!

8/22_ARCI, RTNB

short before flipped long due to lots of absorption and anticipated push due to effect of RTNB. didn't pan out as I wanted so got out. Shoulda have held short longer but scared of $1.50 hold and grind.

Unreal move!!!! this turd isn't tradable both long and short. Short gets ass squeezed and long risk getting halt. My main damage came from $3.00 short and covered at $3.30 risking $3.10. Really would like to see $3.10 breakout fakeout stuff move but nope....didn't get that so I had to cover into the strength and I was glad I did that because it kept going and peaked at $3.50 before the next dip.

killer setup!!!! company in default and clearly it's no brainer short but the trend hold=killer squeeze. Friday and Monday's action trapped tons of shorts wanting sub $1.00. Nope... no selling......then boom it rocketed launched!!
Ideally it sparked the fire for low float runner!

nasty halt and open and it bagholded all longs again... just nasty. heavy action on SSR stock--> you gotta cover because once the momo turned it would be super fast!! $2.00 snap and quick turned upside.

8/21_RTNB, ARCI, CNIT

traded well today... big picture mentality and focused on the action rather than the result. worked out beautifully

crowded!! low float and holding above vwap and trend and friday's action trapped tons of shorts and people may even naively think there will be another halt. Avoid for me until either late day parabolic or tomorrow failed follow thru.

well traded both long and short. long initially but weak breakout and volume follow thru so got out before flipped short but holding the trend and vwap hugging so covered all. this is 50/50 type of setup so not worth my time!

hard for me to hold long. As soon as I see weakness I get the fuck out. don't want to be get out after the dump and dug the hole for myself into heavy action.

8/18_RTNB, SPEX

Turned an okay day into great day shorting RTNB and luckily got halt and killed its momo.

Shitty company as AT09 puts out on twitter which defaults $10m!!!!! but again this is not the one that you stick around waiting waiting for the halt because next time it likely may not happen. Glad I got both conviction and luck on my side and it worked out beautifully. Kinda reminds me of IDXG on the day I made $30k when midday offering occurred.

drew the support line and told myself will cover if it seemed basing around that area and glad I covered full position there. not sticking around and see what it does!!

8/17_SPEX, FENG

trying to force the trade by using size... out of my mind!!!!!

gt. drew the support line and washout long it. didn't workout so took it off!!

had opportunity to take the whole position off when the base formed but didn't cover as much as I wanted. Usually when selling doesn't exist and found difficult to cover, something is wrong!!!! it's a huge red flag!!!!! Get the fuck out using market order!!!!!! Don't look back!!!!! Instead I kept sitting and waiting and this turd is confusing because $1.80 seemed very stuffy and heavy so everyone used that lvl as stop. Instead it break above it and I got out all. The loss could be smaller!!!

didn't bother to watch and trade it until 2:30pm and again using $1.80 as a guide/stop. Din't pan out the way I wanted but still $1.80 seemed heavy and resistant so swinging 34000 shares o/n risking $1.80 o/u. will get up early tomorrow to track the position!

8/16_URBN, IDXG, SSC

Happy with my trades today.

make money long & short! very happy with my trades-proud of my exit/stop and reshort into mid-morning weakness in full size and covered 2/3 into sub $1.30 washout.

freaking pump and dump. no liquidity so I covered all without thinking.

Man~~ Oh Man~ saw 2 dips got bought up so got scared it may ramp back up even thought $20.50 seemed stuffy. Covered all into the base don't want headache. Man should have given it more time or maybe leave half position on due to shitty earning and co.

8/15_DRYS, HMNY, WTW

another stress free day BUT...feeling sick of myself for not bringing up the size on HMNY.

didn't short single share premarket due to fear on its price action and news then after profit taking before the open I got conviction to short pop out of gate risking $4.00. but it moved toooo fast so entry is tough unless it's already there. covered tooo early thinking it will pop near VWAP for reentry

starting today will leave DRYS alone. this company can now be treated as real company perhaps. the only edge is shorting parabolic in the morning risking yesterday's HOD but thinking $3.50 may base so I got out all at $3.52. great trade. No hesitation, no hanging around thinking, wishing, praying...

took 5000 short position at $48.70. didn't workout so covered all then it snapped WTF. this is such a terrible stock for the past few days. Better to avoid!!! nasty chopper that keeps fucking around ppl.

8/14_CVM

likely call it a day. had a bz weekend and want an ez going day. thanks to CVM
offering+reverse split=SHORT!!!! the key is with set risk. Afraid it may do ANY type of move. Always be aware of holding action.

using $2.70 as risk lvl and nailed the morning wash. Covered some and left the rest for ride. Thanks for the pop for my re-enter. the pop unfortunately shot higher than I expected but peaking out at $3.50. Then I nailed the sub $3 washout. that's it for today. Starting for now will focus on A+ setup and trade less. Reduce holding period. When selling cease/reduce, just get out!!! not worth my time holding and coin flipping!!!

8/11_DRYS_BLOWUP_AT09

JUST WOW....can't think of a word to describe its action and lots of people got smoked!!! It's not good feeling, I know it because I experienced it with HTGM before dollarwise. But compared lots of people swinging DRYS short my trade is mismanagement and sizing problem. My heart goes out to Alex who is been a helpful trader and took the massive hit today on DRYS due to absolute conviction, patience and the ONLY but fatal problem is "he didn't respect the price action" I cut everything at $1.70. Theoretically I should have cut everything at low $1.50s but I gave it a chance, some wiggle room but didn't workout. Yes it's the pain in the ass but days later I looked back it's the best decision I've ever made!!!!

the swinging process hasn't been easy and as a matter of fact it's very frustrating. When it break above $1.50 I realized I was in trouble but continued to stay in because I was thinking maybe Kalani tried to prop it above prior resistance to create liquidity before ultimate dump. But instead it kept holding and grinding and even make new high. I couldn't take it anymore so I cut at $1.70 and the same day it peaked out at $1.85. Next day shit hits the fan and it started going nuts and holding well above VWAP the whole day and made new high at $2.20ish. Not the end of world to shorts but pain got worse for sure. I am sure big time swing shorts put some add at low $2 anticipating it couldn't hold. Then today I woke up late and when I got to the PC it going nuts!!! $3 squeeze in a blink of eye!!!!!! and we are talking about average shorts with average $1.50-$1.80!!!! Shorts are in shit hole and I saw it peaked at $6 and straight down. Straight up then straight down and it left me confused and don't know what to do. They had offering at $2.75 and Kalani no longer allow to sell shares and lots of shorts are underwater so my thesis is washout long and will re-evaluate continually. But heck it break above $4 and couldn't continue to go upward. I couldn't hit sell button and sitting and waiting. the lesson is "be robotic"!!!!! You shouldn't sit and wait!!!! When stock doesn't do what you want, get the fuck out!!!! why do that? because others who come across the same information as you will do!!! You gotta hit the freaking market order be a step earlier than them before the price goes out of your favor points!!! Then half hr into the openning I saw basing so I relong it but didn't make to the vwap. Gotta admit it's hard for me to long stock. Then great trade comes when I shorted at $3.70 when I saw heavy action and added when $3.70 breakout fakeout and caught $3 into the wash. I covered without thinking knowing this thing likely fuck around everyone on the board.

Feeling sorry to Alex but it is what it is. The take away is: respect the price action!!!!! Even if you have extreme and absolute conviction on the trade!!!! Yes Kalani has 30m shares to unload BUT how come the price do NOT confirm!!!!! It doesn't look he is selling when price uptrend!!!!!!! Respect that!!!!!!!!! Price overrides everything as Elkwoods said!!!!!!

8/10_HDSN, RADA, ZYNE, DRYS

Remember always have the big picture in mind!!!

RADA missed the pop short but nailed the bounce and saw basing action so covered. 

ZYNE-huge ramp yesterday and saw it put higher low so out. 

up $3k quickly but didn't take single share off!!!! It came back to my average and I got out with $1.5k loss. Then reshorted when $10.30s looked stuffy and heavy and nailed the pull. Could have been better but it is what it is. 

glad I stayed away from it. Lots of headache. If I traded the chance is I would add to my position risking VWAP and got grinded back to my average and emotionally covered into the squeeze. 

Starting today, focus clean cut straight forward setup and action. No selling-> get out!!! move focus to the next play!!!Cut attachment to any trade!!!!! Always keep the big picture in mind!!!

8/9_DRYS, XTNT, ACHN_Price overrides everything!

Traded on texmex and John welsch's idea and nailed it. Used size-18k shares ss. Should give it more time and let it work.

finally closed DRYS swing short on 6th day. Ridiculous management of the trade. Used size due to conviction and want to cover it at sub $1 or next r/s but man everyone has the same idea and the opposite happens. Yes the fact is Kalani still has 30m to sell but what if he doesn't sell and more and more shorts pile in. What if all the asks on lvl2 are shorts?!!! I could have covered way earlier but kept sitting and waiting telling myself this is the type of stock "staircase up elevator down" but saw it inching up bit by bit and finally the pain reaches the max and I covered all. I had chance the cover at $1.50s, $1.60 but didn't. Then one big 400k shares green candle shoot up the sky and I can't take it anymore so I covered. It peaked at $1.85 today so I didnt' cover at the top but still the pain and loss could be less!!!!!!! The lesson is when you swing make sure selling is there!!!!! If not there and found bids it could reverse faster than you think. Remember PRICE OVERRIDES EVERYTHING!!
It's frustrating at the end because I had a plan but I didn't follow it. I told myself if it break above $1.50 I would cover but the heck every push above it seemed stuffy so I kept waiting and hoping. When you go from up big to breakeven then down big, it's not a good feeling and it's hard to stop out! It's just very difficult!!!!