Wednesday, January 31, 2018
1/31_OSTK, TEVA, ATOS
ATOS-slow day, break above yesterday's HOD and lots of shorts trapped thought it would run towards $1. didn't!!
OSTK, TEVA-big picture trade idea, didn't quite work out as I wanted. paper cut! OSTK-should put on Do-Not-Trade list like RIOT, ITUS, XNET!!!!
Tuesday, January 30, 2018
1/30_NVDA, MYSZ, IMMY, ARGS
NVDA-nailed washout long thinking SPY will start rebouncing but it reversed and looked heavy so I ss it, didn't workout and I stopped out way tooo late! hard to cover!!!!
MYSZ-effect yesterday so I tried to stay patient, didn't work out
IMMY- avoided frontside chop, good patience!
ARGS-day saver!! thank you!
Monday, January 29, 2018
1/29_IMMR, OSN
DPS-had a chance to size in but didn't. too scared to be wrong
IMMR-choppy! greeen on it but overstayed last bit
OSN-fucking chatroom pump and dump. thought it would be the flavor of the day due to slow market but nope. breakout and selloff both times. retail driven stock. wish I had the borrow.
Friday, January 26, 2018
Thursday, January 25, 2018
1/25_LTBR, OGEN, OPGN, ITUS
hardest day in a while, nothing comes ez!!! classic hit and run market!!
the ONLY regret I have was using toooo much size on frustrated and choppy stock-ITUS.
OGEN-overstaying got me fucked as well.
LTBR,-frustrated one.
OPGN-choppy action -the best to avoid it!
Wednesday, January 24, 2018
1/24_ACHV, OPGN
ACHV-had conviction on it and all day held it. yes patience gets paid in the end but frustrated and slow and exhausted action.
OPGN-thin in the air got me washout long, didn't work out and glad I bailed out!
Tuesday, January 23, 2018
1/23_CNET, FORD
Overall stressfree 0 headache day. CNET-long crowded action when $5 rejected and $4.80 heavy and peaking action.
FORD-choppy, took small loss but happy with my trade on it.
Monday, January 22, 2018
1/22_LTBR
physically and mentally exhausted after trading it. Tough read and I traded it terribly!!! crowded play so the KEY is patiently waiting for volume surge/shorts panic to get size into. down $20k at one point totally unacceptable!!! Lots of old mistakes and emotional struggles. Main damage came from sub vwap grinding action. same exact chart as FORD on 1/19!!! but because I located shares and sized in I was subject to position bias!!! the key lesson trading this is "always take profit1/3 if not all"!!! and save plenty of bullets for pops!!!I had lots of chances to take $$$ but didn't!!! When I was down $10k realized I was looking for homerun therefore I kept full size on nearly all time!!! WRONG!!!!!!! Especially when lots of shorts got stuck in it!!!!! You must have patience!!!!!!!!!!Patience is the key!
Friday, January 19, 2018
1/19_FORD
Awesome trades both long and short!!! not ez to read but glad I didn't locate initially, had a strong feeling it could be the flavor of the day for couple reasons: big former runner in 2015, friday after slow week, low float, nothing else got big % up so all eyes are on it!!!!! That's my thesis but wasn't sure at first, therefore I need to have confirmation before long it. All I know is I want to stay away from short NO MATTER what!!! I rather miss potential $1 downsside if taking short position!!!!
I draw the line across premarket high and basically if it could hang around above it it has a shot. I must say Yes I could have shorted parabolic in the morning and capture 60cents but the problem is it will lead me towards position bias which fucks up my mentality and likely will freeze when the squeeze takes off. It's just HARD(speaking from experience) to stop out when you went from up $5k to breakeven then next sec. you down $10k.
Starting this year my goal is ALWAYS get in a step late if a play is obvious no brainer short. Let amateur shorts sized in and get fucked and panic covering in my offers!!!! Don't try to capture every move!!!! I missed the initial move went from $2 to $2.60 but that's okay!!! I stay calm and observe the actions and finally nail it!!!! Remember as always, you ONLY need 1-2 trades/day to get mission completed!!
Thursday, January 18, 2018
Wednesday, January 17, 2018
1/17_AEZS, NURO, ONTX
I would rather have a $4k day with 0 stress and headache than the day banking $20k at the end but went thru roller coaster ride!!!!! Always keep that in mind!!!!!
experience tells me this type of chart always got me into trouble!! not as heavy as I wanted. OUT!
Tuesday, January 16, 2018
1/16_RCON
Have to take the rest of day off for USCIS in LI so decided to take it off but fuck it!! it started doing what I expected. It is what it is.
Going forward RCON is the type of trade I need to focus on due to spreads on lvl2 and weak retail driven meaning that once momo shifts it can go south big and never come back! The key is avoid frontside chop but again I put myself in the same situation. Yes I attacked when the backside comes but I could have stopped out earlier for less damage! Yes my thesis is correct, read is correct BUT timing is WRONG!! Remember it's the "timing" makes you money not read, not thesis!
It's all about timing!!!!
Friday, January 12, 2018
1/12_XNET, OSTK, MYSZ, SGRP
tough day, not ez on XNET and OSTK.
OSTK-anticipated 1pm slam, nope everyone is in the same boat, didn't occur.
XNET-heavy tape got me in but buying down below. fuck it Imma out!
MYSZ-got squeezed lil bit but end game is the same. Wanted sub $2 but didn't happen.
SGRP-retail driven stock, easiest fade of all so I attacked it and stay patient. Gladly it worked out.
OSTK-anticipated 1pm slam, nope everyone is in the same boat, didn't occur.
XNET-heavy tape got me in but buying down below. fuck it Imma out!
MYSZ-got squeezed lil bit but end game is the same. Wanted sub $2 but didn't happen.
SGRP-retail driven stock, easiest fade of all so I attacked it and stay patient. Gladly it worked out.
Thursday, January 11, 2018
1/11_RMGN
Patience really work out!!! Left it alone initially and came back hammering into volume surge/stuffing action. Left money on the table but glad the way I traded. No regret!
Wednesday, January 10, 2018
1/10_KODK, AMRH
real tough and choppy one!!! glad I took profit and reshort on the way. Just didn't pan out the way I expected. stay away!!! my thesis is as long as $10 holds it's bullish!!!period!
another blockchain crazy runner!!! unreal!!!
Tuesday, January 9, 2018
1/9_BLOWUP day_PTIE, KODK
newbie mistake!!! flavor of the day, holding trend and dips very well and I used size just because old memory tells me to. Got fucked!!! loss of connection make the loss worse!! I don't regret short in the first place BUT when it holds you get the fuck out!!
MYSZ-ez fader of the day. sighing I overlooked it.
KODK-killer stop out or the loss would been uglier. late day scalp trades a lot worked out well.
Starting tomorrow, if short focus on rejection!!!!! otherwise stay away!!!
Monday, January 8, 2018
1/8_MYSZ
It popped and faded the last ten times so why would this time be different?? this mentality and crowd thinking got me caught!! I didn't really focus on it when I had size!!! Could have walked away with gain and avoided the frontside rip!! Unfortunately I stayed in it because the action I saw and got stopped out a few times before the final nail. Impatient shorts hurts!!!!!!!
Friday, January 5, 2018
1/5_CNET, CCIH, CNIT
Terribly sick since 1/2 and didn't go to the office today and yesterday. Next week back to the office!! wild action these days!!! CNET-I was fortunate to wake up late and avoid the sub-vwap trap action. Madaz lost big on it if I was there in the first place likely I would get caught too. CNIT -0 bounce so didn't got me in. CCIH is my winner today. $4.35 huge seller so I stayed patient and short all pops risking $4.35 over/under. Glad it worked out but not ez!!!! if it break above it I am not sure if I would be brave enough to stop out. That always remains as a question.
Wednesday, January 3, 2018
1/3_TEUM, WATT
really thought yesterday's weakness can carry thru today so got aggressive on TEUM too big too fast but refused to cover single share into the dips.
glad I didn't overstay. covered whole lot near $3.0s due to massive volume.
tough one!! saw downtrending so started to smack the bids and trying to push it down. Used bit of size and the timing is off!!!WATT should just be put on do-not-trade-list. Neither long nor short.
glad I didn't overstay. covered whole lot near $3.0s due to massive volume.
tough one!! saw downtrending so started to smack the bids and trying to push it down. Used bit of size and the timing is off!!!WATT should just be put on do-not-trade-list. Neither long nor short.
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