9/15_MRTX, ALDX-2nd 6-figure LOSS!!!

today reminds me of what happened in March. the memory deep in my heart that I never wish to go back to what I had experienced. It's not good feeling as matte of fact it's painful!!!! especially when things in the real world is so messed up just same as your trades. I always believe one thing, life is fair, you made mistake you would pay the price BUT it's hard for me to accept it. today's MRTX's action tricked me!!! I let greed got best of me. I could have walked away green but I wanted more so I stuck around and refused to cut it at mental stop level.

when you are already down 5-figure before 9:30am it's a big red flag that you should size down dramatically or better yet stop trading today. In my experience I've always made subjective and emotional decisions when I am under tremendous pressure and my mental state is fucked up. Lots of and lots of red flags but I chose to ignore!!! adding to the moon premarket is mistake no.1 but after drew the support line and making thesis that it should stay below it but the fuck I didn't respect it is 2nd one! It clearly shows that it attempted to breakdown the support line 3 times and each time reclaimed and grinded back up. I put adds on each time and unfortunately the 3rd time it completely fired up@!!!!! I pounded the table several times can't remember it's also a bad sign!! I remember using combined 50k shares on it and that's more than half million dollors right there!!!! When you are in size on a momo name and it failed to do what you wanted/doesn't show clear signs of breakdown, it's a RUN not WALK kind of situation!!!!!!!!! Part of the reason was I got busy with ALDX and had frustration on it so I ignored MRTX's LOD grinding action and by the time I saw it it was already trading near $10 and we are talking about that I was up 5-figure near LOD just minutes ago!!!!!! so I stepped up and fought and paid the price!!! Again looking back lots of signs of danger and red flags!! the main problem is "SIZE"!!!! Had I used relatively smaller size I would have done much better!!! I could stay calm and objective and stopped out as I planned.

yes it eventually worked out BUT lots of headaches and frustration in the beginning. Used size too and down massive near HOD but got conviction and both technical and fundamentals pointing to the same direction so I stayed patient and nailed the fade. Kiss of Death candle in this case worked out beatifully.