Overall had my best trading day so far - took only one unnecessary trade. Cut my losers short quickly. And was patient at least with some of the profitable trades
Do not do washout shorts the final hour
Gappers: 1/3 (Up)
Only one worked, but it worked for 45% so overall was up big
Washouts: 4/4
$ZHNE on weak open at 5.10 with 5 risk 5.40 target sold half 5.25 half 5.35 perfect
$LQDT 21.5 21 risk 22.75 target - sold half 21.94 another half lower
$BV trending 7.69, 7.60 risk 8 target - sold half for 10c and rest
$LFVN 1.40 with 1.38 risk 1.44,9 target sold half .44 rest .49 -> this closed up 6%
Washout Shorts: 1/3 (down)
$UVXY - spiked on me but tiny loss (final hour)
$TVIX - got out for tiny too (final hour)
$GCAP - looks like it was going to fade all day short at 9 9.10 risk target is just lower lows, good for 20c
Faderes: 3/6 (up overall)
$CBMX - beauty, 3.52 with 3.26 target half off 3.32 half at target. Faded more.
$MILL- 6.51 eod covered for a few pennies
$CBMX on weakness, took 10c not sure i wasnt more patient
$GME - bad timing conf call as i went short, good job i covered quickly it spiked $2
$ARII 41.47 with 4025 nlod target 41.75 risk - meh sold half 41.70, should have respected the actual stop as it went my way after
$DXM on fadeage 6.15 6 target 6.20 risk - spiked on me
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