$VIMC Trade Recap

Proof once more that one should always strive to make a well thought out and planned trade.
Yet these type of trades are only a small percent of the trade I make. 
I really need to work on my discipline and increase that ratio in favour of the planned trades.
I have been stalking $VIMC for a few days now - if you look at the daily you can clearly see how each morning spike is met with a sell off.

The plan was to start shorting into the morning spike with 9.50 risk. And add on subsequent lower highs

* buys/covers are marked on the charts in blue, sells/shorts in red *

And so I did - crucially I didn't panic when it retested the highs, rather waited to see if it would see some more resistance there.
In hindsight I have clearly been too conservative with my covers, however when it drops 25c in my favour I feel compelled to take some profits. I still seem to struggle keeping at least a small portion of my position in case it fades further (with a higher low being my stop)

$LAKE Trade Recap

Made so many mistakes with this trade, and broke so many of my rules along the way.
My original plan Monday was to be short on a gap up and cover quickly into a washout, and I did exactly that, a decent trade.
Unfortunately from that moment on, I developed a stubborn short-bias and decided to short on pops. Not such a bad idea, however, I didn't cover before eod when the trade had gone against me, and decided to take the position o/n which turned out a crucial mistake.
It gapped and ran the next morning, I didn't cover for a small loss, watched it move much higher before I finally covered for -$1500. From that point on, instead of leaving it alone, I made some revenge trades; I went long, and was up $700, yet I didn't take it, I wanted to be even on the day. It started to go against me and instead I closed it for a -$300 loss. Made a few further short trades and finished down $2k on it for the day.
The mistakes were plentiful, I should have covered before eod the day before, or as soon as it hit my max pain threshold of $1k. I didn't. 
I shouldn't have added to a loser, I shouldn't have take a position so large ($20k at one point) as my position size limit is $10k.
Disappointing to see that I can fall back to this poor trading style again.
Even more painful is watching it now retrace all the way back to 7.50s ... oh well, so as long as I apply these lessons next time.

* buys/covers are marked on the charts in blue, sells/shorts in red *

$EFOI Trade Recap

$EFOI had a big run the prior day on some PR. After a huge run at the open, it settled down and struggled all day to break 8.50 

My plan was to short into any gap up, paying attention to 8.50 level; had it bounced off that level I'd cover, if it snapped I'd add. 

In pre market I added a few at the 8.30 jic it opens and fades; I was glad to see it climb further, I actually shorted the top tick, and added when it promptly broke under 8.50; 

* buys/covers are marked on the charts in blue, sells/shorts in red *


I tried to be as patient as I could with the covers, however I did cover the majority over 8 with only a few as low as 7.30s

$MOBI Trade Recap

Quick recap of well planned and executed trade:
I rarely make a plan premarket and trade on it, and as evident by this trade (and the teachings of @investorslive) it's something I should do more often.
Until now, I'd react in the AM to action in tickers most often not on my watch-list. 
Yesterday in premarket, I made a detailed plan on how I'd trade $MOBI

This is the daily chart, notice the pop and fail at around 9.5 

Given the strong close on the day prior (circled) I assumed it would gap up and make an attempt to reach those recent highs; The plan was to short 9.40+ with 9.50 risk, and 9-9.25 target.
Below are my short sells in red and covers blue

Notice later in the afternoon it had again tested 9.50 and failed, making it another decent entry to short, expecting a fade.