Friday, December 29, 2017

12/29_WATT, KOSS, VTVT ATRA, &PNL




















when mania period is over, we are back to short morning pop and hold for lower type of market.
WATT-headache if short to early, hard to read initially.
ALTA- conviction short, s8 in september, lack of consistent buying, the only hard part is tick pilot.
KOSS-every push met with seller, no reason to cover!!



















here is the result of the year, lots of mistakes and lessons but lots of improvement as well. Very fortunately gains outweight losses. Starting 2018 will focus on 3 things:
1) Respect the volume and the "stop"
2) Never ever add to loser unless have a plan!!!!
3) be selective!!! Be aware and fearful of "flavor of the day" and "market sentiment", some market condition/time of the day=rather not trade!!! Online shopping makes more $$$!
4) No YOLO trade! No homerun! take singles!!!! trade less!
5) Huge setback 3 times and countless losses during mania period, avoid shorting during mania period especially theme market(BTC, blockchain, shipper, ebola, forklift, etc) and always keep in mind the type market and reckless buying last longerrrrrr than you ever think!!!!!!!!!!!!!!!!
6)focus on EZ money!!!!!! question, in doubt, frustration, 50/50, confusion, unsmooth->OUT!!

Thursday, December 28, 2017

12/28_WATT



















glad I hit and run!!! directionless!!! both sides got fucked if exercise patience!!!

Tuesday, December 26, 2017

12/26_IGC, APTO, ADOM, IZEA




















starting today really have to focus on those lightning scalp!!! This market patience hold don't work!


















main loss came from IGC's premarket long. Used too much size, didn't respect the price and volume, didn't respect the stop, averaged down!!! Lots of mistakes.

Friday, December 22, 2017

12/22_OSTK, SGLB

unreal day!!! wrong again!!! BTC heavy selling for two days and today is the 3rd day gap down and reverse!!!! what a long opportunity on all BTC and blockchain names.

















I used size to short OSTK. Having 10k shares with $61ish average and down $20k near $63ish!!! absolutely terrible!!! Glad I only made two trades on it and cut everything when basing above VWAP after 11am. You know you are in big trouble if your life depends on it!!!! so glad I got out safe twice!

















another frustrated one and I used size again. 20k shares with $4 average and down pretty big near the top. But I know lots of chatroom peeps longed it so I stay calm and patient for pull. Didn't cover at the bottom but ended up green on it. Very fortunate!!

Thursday, December 21, 2017

12/21_NXTD, LTEA_another blowup day!

I've lost my mind, emotional and mental capacity COMPLETELY!!! so I started doing casino trades!!
Yesterday I did it on NETE and today on NXTD. I know exactly what to do but couldn't do it!!! My action my body just won't comply to what's right.



















LTEA- was up 10k near the top but sold half and left half on and added on dip. then $14 rejected but didn't get out and from that point on I started averaging down to the bottom of the hill. Didn't respect the stop loss level, didn't want to accept the loss, fighting it, trying to make it work. that was $20k loss!!! Trading is not about being right or wrong!!! Remember you gonna be wrong a lot!!! It's okay as long as you cut it!!! cut it FAST!

















NXTD- lost my mind trade! it's holding very well above $6.50 and trying to go above $7 several times and I got frustrated on the short side so I decided to long it and I used 30k shares with $7 average!!! Classic newbie mistake!!! The problem was't longing it. The problem was after $7 rejected several times I didn't get out or even downsize significantly. I did sold some but reput some on at $6.58. You see what I am doing?! I am essentially averaging down like I did on LTEA!!!! WTF!!!! I've become the person I can't recognized!!!! I usually don't do this type of shit but after recent blockchain mania and ugly loss yesterday I lost balance completely and traded it like mad man! The only silver lining was shorting late day FADE and luckily caught offering news. every trade is independent!! you do right and wrong things, we are all human beings and we make mistakes!!! But the fact that you threw yourself in the same situation again and again is unforgivable!!!

Wednesday, December 20, 2017

12/20_NXTD, NETE, DPW, RIOT_BLOW UP DAY!




















This market makes no sense to me! stock relating to blockchain going up 300% without pullback!!!! that's mania action!!!!!
NETE-got me!!! newbie mistake!!! just b/c a stock is up a lot doesn't mean it's a short!!!!!! Then took $20k loss before the market open so became very emotional and did bunch of reckless revenge trades.
RIOT- heavy action then reverse again!!! This fucker got me caught countless times!
NXTD-unreal strength!!!! either long into nasty weakness near support or no trade! shorting is fatal!
















held 5000 shares with $19.50 average o/n but a/h walk up action got me!!! Don't wanna wake up to 50% of it!!! fuck it! take the pain and get out!

Tuesday, December 19, 2017

12/19_RIOT, LENS, OTIV, CREG

I just wanna say green is good! doesn't matter whether it's $1000 or $10,000. Got take a step back and appreciate the monetary reward, opportunities out there!!!



















CREG-saw S3 & effect so sized the fuck in! got squeezed a bit but got conviction so stay there.
LENS- traded it like greedy pig! up big twice but only took 2k shares off and I am talking about 10,000 shares as total size of position. No selling so no fucking reason to stick around!!!! Just take the damned asks!!!
OTIV- got squeezed so avoided it. Unreal fade.
RIOT-chopped around again and again. Shorted it 4 times but all failed to do what I wanted. 2 times I escaped alright while the other 2 times I took loss. This thing is really untradable but due to massive downside I kept touching it. Anytime you shorted into weakness you would get fucked. The key is waiting for strength and lower high to put size on!

Monday, December 18, 2017

12/18_DSS, OTIV, RIOT, LFIN

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frankly don't wanna sit here and review all the nasties of the day, feeling sick of myself on inappropriate trade management! Dollarwise took a nearly $20k loss today. December hasn't treated me friendly ever since the first day! What can you do about it? one phrase says well, you fall you get up, you fall again get up again!!! Trading is about resilience!!! feeling like left a million dollar on the table if I did the right thing and the condition allow me to. Today gotta be the shittest day of all combining all occurred. Lost connection frequently and sized in too big too early. Had a chance to get out breakeven but refuse to!
LFIN-IPO+blockchain+low float holding support and trend, what's the reason not longing it?! I got scared I have to admit. Man this is once in a life time opportunity you gotta long BIG!!!half when $35 holds and hold when $40 break.
DSS-I did my DD and thought it's got nothing to do with BTC and blockchain but man I was wrong! There is no clear selling thru the day. Yes it was downtrending but the action feels more like panic sell instead of consistent sell. Any when $2 hold twice!!! there is no fucking reason to hold short!! I covered very minimal at $2.02 and most at $2.30ish. Essentially I was thinking $2 snap and this trade would save my day but the heck I refused to respect the chart is telling me!
OTIV-I was experiencing connect issue when it went from $1.85 to $2ish. So partially the connection got me just like SMIT like thursday. BUT I had chance to cover all near $2 but didn't!!! Yes I covered half but that was't enough!!!! Especially after 12pm and blockchain related and all lows are higher than previous one!
RIOT- this is cursed stock and not the fristr time I wanted to put it on do-not-trade-list. Basically it fucked short initially and bagged longs. I thought $40 reclaim and push into 4pm. I got out too late and the fact is hard b/c of using laptop to trade.
I saw people making big money on LFIN but it shouldn't be bragged about. How many times you see a stock went from $5 to $145 in two days????Take a step back I am glad I had no short position in it and avoided the massacre. This is the action could end your career!!!!
Heading into 12/19-I don't know what's out there to be honest. Have 0 idea what's gonna happen. These BTC and blockchain names are holding wayyyy tooooo strong and long!!! But long it gets, closer the "day" is there. Starting tomorrow avoid short  in the first half hour!!! ONLY watch or long small piece. I got more than 1m BP in my account and when the day arrives I am not afraid to use it all!!!! The condition must be sub VWAP heavy action.

Thursday, December 14, 2017

12/14_SMIT

one trade is all you need!

















it traveled further than I thought but according to times and sales and lvl 2 I can clearly tell the herd amateur were sending the market orders in like mania and the spread is huge meaning that once momo shift it could be huge!!!! Madaz got caught on the secondary push and same am I. Didn't really expect it would breakout HOD but due to my read and conviction I stay calm and scale in!
















because got tooo content with morning profit I missed the real move!!!!! unacceptable!!!! I even long it for surprise what the fuck I was doing??!!!!!! even after made total profit $15k today I feel shit and sick of myself!!!

Wednesday, December 13, 2017

12/13_RIOT, DPW, CPAH

wild day!!!! made lots of mistakes!!!! this is hit and run market!!!! No big picture all day hold trade!!! you should be grateful to capture even small juice out of it!!!
















first short and up BIG but didn't take single share off then turned 6k profit into 10k loss before flipped long and up 3k didn't take it either. It kept chopping me around with no mercy!! the best trades these days is hit and run! nail and bail!!! Overstaying is shitty idea!!!


















wow. I don't know where to begin to talk about it. For whatever reason I thought today is the day so I brought hammer to it!!!! nearly 20k shares!!! I was up big TWICE but didn't take single share off!!! I kept telling myself_homerun homerun homerun and ended up grinding back against me and I turned big profit into losses. The lesson is: take at least 1/3 off no matter what!!!


















talking about zombie stock and this is the perfect example!!!! twice it fell of the cliff and no man think it would comeback but BOOM it grinded all the way back!!!!! I had big position but only covered very minimal down there!!! Just didn't think it would actually happen!!!! caught me and everyone off guard for sure!!!!!
TOMORROW: hit and run!!!! no more overstay!!!!!!!!!!!

Tuesday, December 12, 2017

12/12_YTEN, RIOT, PTI

wild day! main gain was contributed to YTEN's overnight hold! PTI thinking about overnight ss hold but it's trading massively, got analyst upgreat, $6 reclaim, etc lots of red flag so fuck it rather have a good night sleep.

















no solid bids were yesterday so decided to hold it thru the night and even added afterhour. gt!!liquidity dried up today so ONLY way to make $$$ is thru overnight holding!

















not ez one!!! it fucked shorts first then longs!!! overall I walked out of it green but could have been better!!! was up near $20k at a point but only took tinyyyy off!!! The main damage came from $29ish dip buy and got dumped, though $30 would reclaim but nope wrong!!

















PTI-not ez as well. took near $10k loss initially due to anticipatory approach thinking it would get rejected at VWAP and cut loss way toooo lateeee. I made the same mistake anticipating a momo player, with ETB and SSR and volume get rejected!!!! the fuck I was thinking!!!!!!!even after 2 years trading experience still traded it naively!!!!
Thank God for golden opportunity for $6.50 volume surge to get short and covered near $6.0ish. not gonna fuck with it overnight and into power hr!

Monday, December 11, 2017

12/11_YTEN, MARA, RIOT

roller coaster day. Down nearly $40K in the morning.
















0 regret shorting it BUT the problem is I threw too many shares too fast.
Mistake No.2 failed to cover when basing vwap and two dips got absorbed above $5.40!! Yes I covered eventually that the damage was already made!!!!

















saw resistance and selling overhead so shorting it. made back most of the loss and decided to swing it overnight.



















RIOT-turned winner into loser but glad I didn't touch it after got out. It touched $23 later the day.
MARA-good trade!! very careful because last few times it failed at $5.80 and $6.00.

Friday, December 8, 2017

12/8_DPW, GLBS, ROKU, NVDA

lots of shitty trades!!! Was influenced by yesterday's DPW's miss and promise to Claire of buying a house next year so intentionally pushing SIZE and made stupid adds and refused to stop out in 50/50 type of trade. Paid big price tag!
















shitty!!! have no idea what I was doing!!!! There shouldn't be a trade in it!!!! The best thing I did was perhaps covering half at $3.11 before 50cents squeeze take off. This ticker is not for day-trade!!! it's only for swing type of trade with ability to add to it!

















wtf it tricked me.

















0 regret taking the trade. the only part I did wrong was using too much size and stopped out too late!
















the only green one of the day.

Thursday, December 7, 2017

12/7_SAGE, LMFA



















proud of my two long trades today!!!! SAGE-really traded it the best of my ability!!!!
LMFA-saw $5.50 resistance so put the whole lot off!
Glad I stepped out of my comfort zone and explored opportunities on other setup!

Wednesday, December 6, 2017

12/6_DPW, VTGN, CLRB, OSIS, LMFA

another crazy day, crazy action!!! I managed all trades the best I could overall except VTGN I stopped out multiple times with size and incurred me the large loss(nearly $10k)


















definitely over traded it due to the conviction I had and the fact it is involved with Maxim Group which further made me biased. first played $1.80 resistance point didn't work then $2.15 looked toppy nope then fuck it I covered nearly all in low $2.00 but the stupid mistake I made was I left 5k shares there to see what happens. I paid the price by getting squeezed 50cents and flipped long, gave it time but pathetic volume so fuck it I got out all at 2.30 before the HOD retested. WTF for sure but it looked top but still unsure so kept eyes on it.


















Can't find a word to describe its action! fucking unreal!!!! Glad I stayed till the market closed or i will be very pissed of myself. One thing I did wrong was failed to cover when $4 holds in the morning. This is nail and bail type of trade!!!! Over stay is just stupidity!!!! remember you can always get back in!!!!! The shit moves way toooo fast so by the time you see washout/dip it's already tooo hard to cover. at 3:00 it made HOD restested and failed but still not sure if it holds or not so I covered like a piker. then It had big ass drop on nothing and I even bounced it with 12k shares but nope it could making new low so I got out and flipped short again. Covered near the bottom. This one regardless you shouldn't hold it overnight!!!!


































CLRB-conviction short b/c my long hit the wall premarket. confident of the trade.
LMFA-WTF shitty trades I conducted!!! shameful of it!! Even after I seen and been thru so much manipulated bids proping action I still made the mistake!!! killer trade if I held!!! my mental energy was pretty drained at that point so I entered into nail and bail, hit and run type of mode.
OSIS-revenge trade trying to make the day less ugly, yes worked out but shit I was down near $10k at one point!!! totally not worth it!!! Revenge trade hurts!!!It pulled further than I thought but I saw massive higher than average volume so longed 3500 shares. May can do it but have to be extremely disciplined and keep size under ccontrol!! take loss like a man!