Monday, March 4, 2019

3/4_CIFS_Near blowup trade


















lots of mistakes and rule-breaking actions.
1)yes I was shorting the position after it opened, that wasn't the problem, the problem was I saw massive absorption and VWAP holding I didn't stop out. I add add add.
2)toooo biased, influenced by premarket 2million-share heavy selling action.
3)the size I was using was absurd!!! I ended up going from 10k shares to 32k shares!!! Lost my mind.
the main thing is I was wrong from the beginning and I allowed myself to say wrong. Paid the price. Even though I managed to get back green but at one point I was down $30k!!!! that's disaster!!!

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