Decent session after the Christmas/New Year break. Was conscious of not being too trigger happy given the long break.
Let myself get squeezed on $VGGL $ADXS, both panned out well in the end, but could have applied more patience with entries and/or cover when they went against me and waited for better entry; luckily for me they both turded back under my initial short.
Additionally, made a few unnecessary trades, at least I've cut those short.
Longs:
$ANTH trying some on the perk; this kind of r/r setup i really should buy bigger
Shorts:
$BCLI I was long biased in pre, closed that one for a loss, switched to short and made it back with some change
$CNAT short when 10.80 gave in and covered 10.50, covered on a dip and reshorted on a bounce .70, added when .50s gave in; covered on the way down, small position though
$VGGL was short over the w/e, covered into the open wash; reshorted 3.40s and covered 3.20s; reshorted again 3.30s and didnt cover quick enough, instead got myself squeezed; alls well that ends well ... though I should have been more nimble; reshorted again late day, this is the trade you can see on this chart: (other trades were via IB)
$ADXS was short over the w/e, added on weakness like a chump; got squeezed, added higher and again, ended well, but poor trading how i let myself get squeezed and added to a loser. I suppose this is a special case where you almost "know" it's other timid traders getting squeezed and it should come back down
$IDRA with 5.15 risk (Friday's high); didnt crack, got out evenish
$STXS 2.10 risk, then lowered to 2; nice trade
$PLX 2.25 risk; meh
$ANTH messed up a buy thinking it would squeeze, then reversed to a short with with 2.50 risk;
$BOTA small position with hod risk; no go; tried a few more times and lost each time; shouldnt really short this close to hod; this one will be in play again tomorrow
$VGGL was short over the w/e, covered into the open wash; reshorted 3.40s and covered 3.20s; reshorted again 3.30s and didnt cover quick enough, instead got myself squeezed; alls well that ends well ... though I should have been more nimble; reshorted again late day, this is the trade you can see on this chart: (other trades were via IB)
$ADXS was short over the w/e, added on weakness like a chump; got squeezed, added higher and again, ended well, but poor trading how i let myself get squeezed and added to a loser. I suppose this is a special case where you almost "know" it's other timid traders getting squeezed and it should come back down
$IDRA with 5.15 risk (Friday's high); didnt crack, got out evenish
$STXS 2.10 risk, then lowered to 2; nice trade
$PLX 2.25 risk; meh
$ANTH messed up a buy thinking it would squeeze, then reversed to a short with with 2.50 risk;
$BOTA small position with hod risk; no go; tried a few more times and lost each time; shouldnt really short this close to hod; this one will be in play again tomorrow
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