So much to be said and I don't even know where to begin lol. First I shorted 9k shares and only mangaed to cover 5k shares a/h due to liquidity and swung 4k shares o/n and 5am ish it parabolic to $60 but I stay put and located 15k shares and slowly to put shares on. Got the fade I wanted late day but the heck squeeze from 27 to 43 that's immediately red flag for me to run . Glad I covered the majority.
Overall I did well on UCAR trades. Just when I was glad I dodged the 1st squeezed from 5ish to 9ish then I got caught on the secondary squeeze and -110k ish at the top. Mistake I made was I did downsize when it consolidating but when it started to go I put shares up too big too early ANTICIPATING breakout fakeout. That anticipation is big big mistake. Let it do its thing and take the trade. I can't remember how many times I trade based on anticipation and got burned badly. when anticipate use small size.
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