12/2_ATV, GIGA

-Bad trade, shorted into weakness when SSR was on and got squeezed $2 above my entry. 

-Broke my rule again, bad trade

-But remained objective when the squeezed took off and saw the weakness so refused to get out

-overrstay is the worst idea!!I had price targe $11ish but got freaking out on the midday bounce

-a lot of people in IU chatroom made money on the short side. 

-perfect example of morning emotional spike and followed by downtrending. When the momentum has shifted, do not get shaken out by the pop, use the pops yesterday and today's gap as shorting opportunities risking yesterday's midday resistance level. 

-Recent KBIO's memory is still vivid so afraid to short it but man, it was a great short according to what the fundamentals and the chart says. Remember most people were right on KBIO's fundamental but was wrong on KBIO's chart. When fundamental and technical were both pointing to the same direction, you should have taken it!

12/1_GIGA, ATV_Over-Trading is burning!

Lessons:

-on the front side on 2nd trade, shorted into weakness, PATIENCE!!!! man!

-On the back side, shorted into weakness again at $3 and got shaken out at $3.10.

-at the EOD, made $314 but traded it terribly!!! overtrading is just stupid and wrong

-great trade, bought it due to ATV's craziness and anticipation of late day shorts panicking squeeze. 

-got out as soon as saw signs of weakness and remained objective.

-on hindsight "yes" I should have shorted but to scared to be wrong. Remember, as long as shorting with set risk is good trade. traded it okay but far from great

-another account terminator and every time I saw a ridiculous spiker like this, I was thinking how many people was fucked and really appreciated and cherished everything I've had

-the key to trade it, long/short is with set & tight stop loss order in place!!!! 

-I knew this pig could fly to the moon and even gap up tomorrow morning because this thing is illogical and counter-intuitive and fundamentals. 

-I would probably catch the secondary spike if not went out to check my boss's new Maserati Gilbli, 10 min taking photos and hitting throttle costed me more than $1k. how funny was that. 

-putting the self in the shoes of shorts can really prepare myself for the trade, just imagine that if you were short, at what point you will freak out!! the late day "reclaim" action triggered the squeeze. 

11/30_EFUT, HART, ORMP -$570

-Traded it on someone's idea on Twitter and ended up failure. 

-should never buy it when downtrended and anticipated r/g move, the early bagholders will move the price lower and bottomless. Even though SSR is on, it ain't gonna help if bagholders are desperate. 

-focus on my niche and avoid everything else!!!!

-first trade was "long" due to the strength and momentum it sustains.

-2nd trade was "short" which was right idea but saw HART and quickly covered and moved to HART

.

-very frustrated because apparently the market today is totally different from last week's

-if it was last week, it would squeeze toward HOD but today it was weakening and even dropped below VWAP. 

-overtrading sucks!!!

-the condition has changed when it broke down and reclaimed!!!!! Now the chart tells me to buy!! very frustrated, the "timing" is more important that being right or wrong. 

Lesson:

-the biggest lesson today is if you don't have "stop loss order" you can blowup, but with "stop loss order", doesn't mean you gonna be right, but you will control the size of the loss! I am proud of my risk management mentality and action today but obviously setting up stop loss order is NOT enough, when you are wrong, you still take the hit. But I will continue keep stop loss on the back of my mind and hard in the system but constantly reassessing the situation, the stop loss is not meant to be waiting to be triggered. 

-another mistake today was Over-Trading!! It exhausted my mind and body and detrimental to trades

-today is a good example of typical trading day. there is very few opportunity today, so the best action is doing nothing. Doing nothing is the best thing you can do today!!!

-from tomorrow, will start focusing on what i am good at and ignore everything else: focusing on early emotion trading and late day higher lows gearing up action! that's it! Be Selective!!!!!!!

-will put "risk managment" on top of everything!!!

11/27_EFUT

-bought in the $15ish and stopped out at $17

-good trade not b/c the fact I made money but b/c I thought about the stop loss level before I entered the trade. 

-In this market, it's all about protection, hit & run, and never over-staying..fight quick battle and reduce exposure to uncertainty in the next second!

-another takeaway is just because it started making higher low and crossed VWAP, doesn't mean it can keep running. Look at the bigger picture, it was downtrending since last day's a/h squeeze. 

-ONLY trade on confirmation with tight stop loss!!!! fuck your opinion and twitter's voice, independence wins the game!

11/25_KBIO finale

Lessons/Takeaways:
-Just because a stock ran from $0.50 to $23, doesn't mean it couldn't go to $47 from there
-treat it like others, make decision based on the chart and not on anything else
-There are ONLY 2 groups of people profiting: pro pumpers and pro shorts. Remember 99% of people always shorted early so early shorts and later chasers got ripped.
-technical analysis works perfectly here!! Never short after breakout from all-day consolidation
-Never Ever try to pick the top, this thing could easily go to $50, $60, $70!! Unworth the risk!!!!!!!! Wait for the backside/lower high with set risk to initiate short
-Same mistakes I and many others made on DGLY, ISNS, VII, LAKE, APT, VSR, PBMD, CANF, GENE, AQXP, AEZS etc. Got slaughtered on the front side and couldn't maintain the courage to hammer the backside. Momentum+volume+catalyst=LONG!! always wait until everyone got killed to start the battle!! HERO often die!! don't try to be the one!
-2 shorts scenario: 1) Morning emotion parabolic shorting, 2) Momentum stock-Wait till everyone got exhausted to start shorting, let them fight, let them die!!! Early shorts laid foundation to your success!!!
-Only 1 long setup:ABCD setup with set risk, higher low/gearing/perking/consolidating action
-Have a thesis, No bias, always have a escape plan, trade on confirmation!
-be your own psychology coach, know when should trade, when shouldn't, do everything as planed! Inhumane!! what is right for trading/survival is contrary to human traits!!!!
-From now own, I will start focusing on cutting losses by putting stop loss order, everything should go as planed, learn to hold myself accountable for EVERYTHING! good & bad.
-trade less, less is better!!!
-At the end, contemplate: all these momentum players have similar charts, why screw up again and again??!!! dig into the roots of the problems and always do retrospection and review at night!
-trade like never trade before, don't be influenced by past! every trade is independent, immersion into it!!!
-always fight quick battle!!!! Never over-staying!!!!!! Nail/bail, get out and reassess!!!
-remain cynical at all time, always ask the self, "what if"!! Having plan if things go wrong is life-saving!!!!
-100% clear head at all time !!!!! if not take the day OFF!
-get out as soon as realize: 脑热交易，逆势交易，重仓交易！Basics！！

11/24_AEZS, VLTC, -$1600(Official Blowup Day)

-Lack of patience and premature entry

-didn't take it off when the base was found near the VWAP/higher level

-didn't stick to the plan!!! traded big, traded emotionally, looking for homerun after yesterday's huge setback

-not mentally right to trade, ALWAYS check "emotional balance" to see if you are fit to trade today!

-Vengeance trade after AEZS and same mistake just got repeated

-ALWAYS ALWAYS ALWAYS take the short off when seeing higher low/base/gearing/perking action!!!!!!!!!! NO MATTER what

-at EOD, blew up ST account and owed them $20...

11/23_KBIO, CANF_-$5500

-Huge setback, at the end took $5000 loss on KBIO. It was a stupid idea holding short position over the weekend. Nate is right, start your day fresh. there is nothing worse than opening your computer and seeing your are down 20-30% even before starting to work. 

-on hindsight, glad I covered all my position at $25. got frustrated on it and took the chart off my screen so that I missed the later ridiculous spike. This crazy nut just gets ridiculous than anyone would ever think of. 

-Tons of lessons and takeaways the past few days!!

-How bias plays a huge role in your trading!!!! just because a stock that squeezed once, twice doesn't mean it can't consolidate and squeeze 3rd, 4th, etc.

-Again, trade what you see, NOT what you think!

-Turned a winner into a loser, sighing.. Was just too confident on it and ended up holding and waiting. Stupid Me! In today's frenzy market and thanksgiving is coming, it's never short! ridiculous shit can happen. 

-As this turd breaks above VWAP what was surprising to lots of shorts....

-in the morning, always always nail/bailout and reassess!!! 

-overstaying clouds my mind and allow me become more biased thank I should be!! think about "holding cup of water" analogy!! makes perfect sense.

-ended up exhausting myself and took a loss.