Wednesday, July 7, 2021

7/7_NEGG, AMC

 

NEGG can easily be 6-fig loss trade but glad I managed it correctly. those $45s stop out is the golden trade of the day/week!!!!! still loss but much much smaller than if I kept holding it. 


Normally I wouldn't short a stock already down more than 10% but today I did it to AMC because I wanted to recoup loss from NEGG. Revenge trade got me 9 out of 10 times!!!!! sighing...lost my emotional balance today

difficult read and action. glad I covered all at 62s or I would freak out at 80. oversized!!! 
Will have to size down starting tomorrow other than NEGG. i think NEGG will move much smoothly and to the downside. 

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