CADC is the one that lots of short sellers got fucked. The ez money is long morning washout. if draw line across there is no reason for me to short & stay short!!!!the dip holds PERFECTLY!!! we all make various mistakes and that's not the problem, the problem was after realizing 10k loss I threw more shares at it anticipating lower high!!! Can't believe I was doing it, in this mania period I anticipate lower high on momo stock with low float and tick pilot!!!!! I was out of my mind!!! Lost my mind and rationality completely!!! in my eyes $7.80 is the key lvl!!!! so I sized in with stop at $7.80 BUT expect the whole world is risking that lvl, you get blowoff candle and shoot all the way to $8.30. This stock is clearly the flavor of the day. I was wrong countless times!!! I shorted into weakness numerous times and got squeezed. Lots of divergences!!! this is the case you better avoid than trade-long/short. Perfect short trap!!!!! downtrending ever since $9 slam and continually making new low, shorts have no reason to cover!!!! finally it cracked $6 merely and reclaimed and skyrocketed from there. No way I could get out on the bids so I took the liquidity and flipped long 13k shares and made $9k back final hour. Yes in hindsight I should put all my short cover order at sub $6 lvl, once this turd turns, it's super fast!!!! But if I were before I wouldn't have covered and flipped in the end, got have credit for that improvement but always room for improvement!!! I read the chart and price action correct but just too emotionally entangled after ate $30k loss initially. Remember emotional stability is far more important than money!!!!
CADC-yes lots of mistakes but I stopped each time and flipped long in the end so overall it's not bad considering the monetary outcome and trade management.
LEDS is the worst trade I made today and perhaps last few months!!! My mind got really fucked by recent exuberance buying so I longed pretty big on it twice!!!! Both time got dumped!!!ate $10k loss on it which is absolutely absurd!!!! newbie trader mistake!!!!!
MRDN-good trades, short into pop and cover into dip/washou and not overstay! hit and run is the only way to go in this market!
CDTI-shorting after 2pm is just not the way to trade especially in this market. According to my read I see lots of selling at low $2s so i sized in risking $2. o/u and ended up stopping out at $2.10. Yes I did it according to the plan BUT man the loss was there and I could have recognized it earlier and escape before the herd did, like epica said, run don't walk once recognize divergence! this is not the market for you to overstay! remember when you short you look for rejection not consolidation!!! don't matter whether the consolidation happens above or below vwap, in this market these zombie come alive from dead!
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