Trades 10/03/15

Today I messed up entries on two trades $BIOC $DRRX, first one was still a profitable trade, the second was not. 
Felt like a really slow day out there, made a few costly mistakes, red day -$209

Lessons:

• keep working on getting the perfect entry, $BIOC $DRRX trades would have panned much better had I been more patience and stuck to original plan

Trades: 

$BIOC flipped it quickly in pre, assuming shorts will want to bail on this PR

$BIOC shorted, wanted to wait for re-test of premarket highs, instead started lower; added right at premarket highs (but felt squeezed then) and covered on flushes; another good example of where patience pays (should have waited as planned for the squeeze before entering a s/s position)

$RMGN bought a few on weak open, 1.60 risk, hoping for r/g move out the gate to sell into; was pretty volatile and no clear direction; overall down on it today

 $AVEO had some o/n and added a few, will cut it quickly if it holds green at the open

$CRMD going for weak open r/g move 

$DRRX blah trade, too short biased, didnt get a decent entry, no reason to be in the trade; at least i cut it when it hit new highs... better safe than sorry and had to respect my stop; reemphasizes the importance of a good entry - had i waited for a pop i'd be in for the fade ...

$LXRX was short o/n, added during the session; covered as it seemed to have held well; 

$ADES had a swing short on it, covered 2/3 just wanted to take some profits, there was no real reason to cover; rest at 14 as a big buyer turned up

$GERN on lower high, short leash; tried to take some for a profit, no fill, covered all for a loss; good job taking the loss 

$GNC on news with 100sh, made 50c ... they kept supporting $46 so i didnt hang around too long, seemed like too much of a sure thing ... and indeed it was. Easily would have made my day, but I reacted to what i saw.

$CBIS flipped a few in case we get some pot momo, was good for a few bucks; lost those buck trying same think with $MJNA

$VPCO same theme - i knew it was a turd, bought it anyway, and it flopped

$AST not the best entry .. but chart is overextended ... playing small as spread is crappy too; looking for some nASTy correction; took 1/3 6.02, rest waiting for sub 6 flush; it held, so i took my position off

$AST reshorted again later on weakness

P&L: