Wednesday, August 30, 2017

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!!!

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