Friday, September 8, 2017

9/8_NLNK,KURA, ONS

Today is the day your risk management gets tested and if you have the ability to honer the stop.
Overall I am happy with my trades today whereas in the past I would get ran over and took 5-figure loss by fighting and adding to loser but glad I took the loss and move the fuck on and reshort near top


















Only one thing that I felt disgusted of myself on KURA is I reshorted when HOD breakout and holding above significant psychological lvl $10 and resistance. I took near $4k loss there, totally emotional, trying to make it work, taking anticipatory approach. Premarekt and filing on offering got me biased so I shorted from the get go. The volume was massive and it's tick pilot so it ripped like nuts.But glad I identified the top and made some back.
NLNK-green from the first trade premarket and great short and cover and reshort midday and covered. All worked out BUT the heck I was wondering why I couldn't go long??!!!! Adam F, John Welsh bashed it on twitter and it's got huge volume yesterday and morning dip/washout holds so why not long??????!!

















KURA-tick pilot program and follow the biotech leader NLNK so scared to short it and that's everything else was thinking so it faded nicely late day. NLNK-didn't pan out like I wanted but it is what it is. Ideally no offering/negativity monday and it pierced thru $20 and I could short mid $20s and fade from there. Same plan for KURA but Looks like KURA can turn itself into killer setup if it has the power to go above HOD today!!! Be aware of that!!!! remember DRYS, ETRM, SPEX???
















shitty trades-anticipatory $2 rejection trade and I added to loser and at the top I was down nearly $4k!!! unacceptable!! yes I managed to close it with $1k loss at the end BUT it really took tolls on my account and mentality!!!!! Monday-ideally rip then pull!!!

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