Wednesday, October 31, 2018
10/31_FB,TVIX
FB-my idea was dead on!!! same idea with michail shadkin on Relative Weakness theory!!! worked out beautifully!!!
TVIX-ate loss initially before the flip long. good trade!!
Tuesday, October 30, 2018
10/30_TVIX, FB
traded it like a mad man today. just like Epica Capital said, no clear direction on SPY, this thing kept chopping around, both long and shorts have hard time. The best approach is really just scalp it. Overstay on conviction and patience trade doesn't work out!!
the only mistake was "fat finger". got all out toooooo early. it happened, what can you do?!
Monday, October 29, 2018
10/29_SOLO
Twice I was up big but didn't take it or partial due to big picture idea... yes it worked out but man could be much better trade and $$
Friday, October 26, 2018
10/26_TSLA, TVIX, YECO
TSLA-ate $13k loss in the morning and another $16k loss in the afternoon. extremely frustrated on its action!!! The bright part was I stopped out twice before it went up another several points. Was wrong again and again and that wasn't the problem, the problem was I used "SIZE" and stopped out toooo late. I should stick strictly to my plan!! no rejection, just take the liquidity!!!! no hesitation!!!
TVIX-traded it the best of my ability.
YECO-unreal holds, no thanks, not holding it into the weekend!
Thursday, October 25, 2018
10/25_TSLA
again when the backside hit, it's fucking ez. i saw valid seller at $315-$318 so anywhere pop under $220 is a good start. glad it worked out. If it didn't then so be it I lost some. But it was well planned trade with proper r/r ratio.
Wednesday, October 24, 2018
10/24_TSLA
I just want to say..when the backside hits, it's fucking ez!!!!just be patient and wait for the valid resistance and go for it.
Tuesday, October 23, 2018
10/23_CGC, RGLS, TRPX, UVXY
RGLS- too crowded. glad I covered 1/3 down there and stopped out the rest when add didn't work.
TRPX-very weak action so using each pop as short & add. worked out well!
Monday, October 22, 2018
10/22_ESEA, TOPS, NETE, PLAG
Too much heat on shipper sector therefore TOPS's short idea didn't workout. flipped long ESEA and made some $ but gave back.
NETE-had right idea but I stepped in too early twice due to over-confidence....sighing..got work on that!!! focus on entry otherwise rather miss!! it's not worth it!!
PLAG-shitty action. ate loss both sides.
Friday, October 19, 2018
10/19_CCCL, CNET, CREG, NCTY, PETZ, PLAG
Among these 3 tickers I lost $10k before the market opened by long. totally unacceptable!!!! Today is Day3 since the low float mania period so I thought the momentum and chasing activities still there. Just like I tweeted as I wrote this, these are fucking low quality plays!!!! Doesn't matter whether you long/short, it's hard to make money, so why not avoid them. sit on hands and patiently wait for the real opportunity with proper r/r before click the mouse. I certainly let the greed took over me and chased them and paid the hefty price.
CNET -I made back all the loss and more. my bread and butter setup.
this is the best trade of the year I have to say. just fucking awesome the way I managed my idea, trade and execution. I located 10k shares and started in high $4s and low $5s but clearly divergence spotted, it kept going up like a rocket and even went into halt so I said fuck it we are still in mania chasing period let me close my position and long some b/c people are lost mind and likely continue to chase it a bit further and ended up the best decision I made. Really proud of myself!!!
Thursday, October 18, 2018
10/18_PTI, CCCL
PTI-lots and lots of dramas. wrong from the get go. The buying power is unreal!!! it trades literally half million shares on 1 candle. Yes I took sizable loss ($30k) but I made it back when it pullback under $7!!!! when $7.30 crack I really thought that's it, it's dead!!!! I had huge position and only covered 1/4 near the bottom and let 3/4 grinded against me, didn't cut it, see what it does type of mentality. In the end I paid the price. supper avoidable!!! Especially after morning headache and frustration I should be happy that I walked out of the hole and should just take the profit and call it day.
CCCL-unreal thanks to YECO. it went further than all thought!!! Ate $20k loss before turned it into break-even. not ez not ez.
Wednesday, October 17, 2018
10/17_CGC, YECO, VTVT, PLAG
+
very difficult trade, this stock shouldn't be treated like other hyped up low float trash!!!! not ez at all!! nailed the morning wash and turned winner into loser by add add add!!! same mistake as yesterday!!! every push and new high looks "stuff" action to me, so.....not ez not ez.. down $20k at one point!!
low float champion of the day!!! just wow!!!! I only made from $4 to $5 thought I did good...what a unreal surprising move!!!!!
Tuesday, October 16, 2018
10/16_CGC, CRON, EARS
wow!!! I have to admit EARS's loss and missing of CGC and CRON short totally set myself on fire!! therefore I started throwing size on them tooo early on the stage, didn't wait for 2pm/volume recap to hit. at peak I was down $30k realized+unrealized!!!!! totally disastrous!!!!! Glad one thing I did right was knowing myself in the hole and not trying to forcibly dig myself out, I remained calm and turnaround the situation. Had good trades EOD that was epic without overstay. perfect tape read late day!!!
EARS-speechless!! ate losses twice!!!! trappy action again!!! likely avoid in the future!!
Monday, October 15, 2018
10/15_EARS, ACRX
EARS-WTF is this action!!!! stick notes and low price action plus day 3. must be lots of shorts already on board, no thanks!!! wait for tomorrow!
ACRX-same as EARS, crowded action, no clear rejection and grinding, no thanks!
Friday, October 12, 2018
10/12_UVXY
main trade for me today. ss initially thinking market rebound nope...didn't happen so scale out. then longed and made some money but the real money was made by market was grinding but doesn't seem like sufficient buying power behind it so I re-longed it thinking at least some early market dip buyers selloff and that's exactly what happened. overall good trade!
stick around b/c I don't want to miss EOD flush like last time. didn't pan out the way I wanted. no thanks!!! If sufficient sellers are there and market has sign of crash it would have already done so. likely before 2:30pm!!! but it didn't.. something is not right.....no thanks!!! I did good enough!!
Thursday, October 11, 2018
10/11_UVXY, SQ
DAS is experiencing lots of laggage. the environment today is not friendly to trading. I did what I had to do. likely will call it a day unless opportunity alooms and DAS stablize.
Wednesday, October 10, 2018
Tuesday, October 9, 2018
10/9_PYX
frustrated one!!! didn't pan out like I wanted and finally it looked like straight down and getting towards the support but $45 holds and that's a big red flag to me as short seller.
Could have stopped out the first short earlier but didn't. Then should have taken profit more for 2nd short but did only covered tiny and finally it's downtrending I still left 2/3 on.
Lots of divergence, no thanks!
Monday, October 8, 2018
10/8_ALT, CLDC
ALT-lucky money;
CLDC- tough one!!! looks lots of shorts got trapped but not enough to initiate the squeeze. choppy action!!! better to avoid!
Friday, October 5, 2018
10/5_GTXI, VTVT, NBEV
GTXI- turn out the chasers' target but as day goes by the momentum turn faster. got piece of it but didn't size up enough.
NBEV-the mother of choppers!!!! but picture perfect double bottom on a crowded name. no thanks!
VTVT-nailed short then reshort bounce but stopped out. ez money is over!!
Thursday, October 4, 2018
10/4_IGC, IZEA, NBEV, SNOA, VXRT
Frustrated day... down $20k in the morning and yes the result is good BUT I could have chosen easier play to trade!!!! Remember trading is about choice, it's not about your ability!!
VXRT is another case that I was right but timing is wrong and ended up loss. just like VTVT yesterday!!!! I was basically in tooo early tooo big due to FOMO and got squeezed. But perfect read lately saw $7.10 resistance then algo flashed bids at $6.30s to prop it but didn't work so I used that area as an add!!! work out greatly!!
IZEA-stronger than everyone thought. choppy runner in the past and rehash news today make every shorts biased. At09 ate $50k shit on it. I basically traded it around the core, I went in and out and in and out, kept position there while continue reassess the price action. Once I saw the trend change and bids gone I went full size. Good overall.
Today I was right!! I know there will be lots of biotech chasers but I didn't think there are that many! Patience is the key!!!
Wednesday, October 3, 2018
10/3_VTVT
Crowded+manipulation+algo=headache!!!!!!
2 things I did right: 1)stopped out my entire short position when $4 holds with consistent volume.
2)flipped long again late day anticipating squeeze but lack of buying and time stop triggered so smacked the bids, then it collapsed and never looked back.
However I got myself into big trouble because the fact I felt I had good read on it, I got toooo confident, I located 20k shares and didn't want to miss it so ended up sizing in tooooo early toooo big and didn't respect the grinding action. Down $20k at one point!!!!!! unacceptable!!!!
Live to fight another day!!!!
This is definitely not ez one!!! maybe the best is to avoid it!
Tuesday, October 2, 2018
10/2_IGC, OGEN, VTVT, LEVB
Proud of myself!!! superior risk management skills!!!!! trading shouldn't be hard, you made a plan and stick to it!! I had 30k shares short and that's pretty sizable but I managed to trade it well!!!! then late day fade and thinking it's over but nope they saved it..fine I got out!! full detachment to pnl!!!
OGEN-another trap again!!!! I thought money flow from IGC to it so I said to myself fuck it Im out and perhaps that's the best thing I did to it because if I didn't I don't know if I have the courage to get out at $2.60ish...thinking flipped long but man im not comfortable doing it. ideally gap up and push tomorrow for bigger trade.
Monday, October 1, 2018
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