Wednesday, September 20, 2017

9/20_DMPI, CAPR, ITUS, PZRX_-$20K!

shit in my head since the starting of the day, couldn't shake  it off and kept sitting and waiting when the price action tells me to get out. Again I broke my rules and didn't respect the price is telling me. I have to admit that after $50k loss last week and mania action in the market it's hard for me to trade!! It's my weakness. In normal market you take short position when you see a bloody red candle whereas in this market it's a buy signal. Hard to adapt!!!! It reminds me of what happened in March.

















DMPI-got momo and fueled by HMNY, ITUS and the whole low float turd mania market. I took hit both short and long. I took short position initially but failed to cover in the dips and held them thru the day just to see the vwap reclaim. Lots of absorption and stuffing at the same time and influenced by Nate in chatroom so I covered all in low $2s and flipped long but it had trouble break above $2.15. It stuffed several times and volume started to fade. But instead of getting out long I kept sitting and wishing it to squeeze. Eventually clear bearish sign occurred and I got out. Hard to trade and gave lots of people hard time for sure. Throughout the whole time it never gets new HOD so that can be interpreted as a bearish sign and short thesis.


















paper cut but the heck when higher lows spotted I should have got out.
















another major loss of the day. it did exactly same thing yesterday. It did morning squeeze then faded and trapped shorts then higher lows and grinded up towards HOD and breakout. Can't believe it did it 2 days in a row. Higher lows+relative volume="red flag" but again I sit and wait and got squeezed!!
















perfect example showing that people are chasing in a blind mode. Any time it shows signs of either bullish it starts to get picked up. Just hard for me to adapt in this market!! Normally you shorted into 300k shares volume but in this market you MUST wait for the backside to size in or you get crushed.














can't believe it!!!!!! feeling gross of myself !! shameful for this pnl.
















fucking scam!!!! those guys filled massive in low $2s then dropped the bomb(offering). nasty!!! it goes to LX21's tweet: pro pumper pump up the stock, amateur shorts stepped in early, ameteur buyers buy the top, pro shorts stay patient and banked!!

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