Monday, August 6, 2018

8/6/18 - Frustration + boredom = losses

Stocks traded today VGID, HMNY, GBTC, FB

VGID -150  of about had 3 mil on news looking for a quick scalp, could have outted all for flat but was hoping for more, good thing tho I didn't hestitate too much as the loss could have been 600.

GBTC -450  not a good entry on the short as I chased in .10 off the high on a decent gap down, could have outted half for flat if i wasn't greedy, was just too biased thinking it was going to go to 9.5-9.6.
Also didn't help I panic out because was afraid of 10 but I need to break the habit of outting while its legging up, I have to wait then out on the pullback where if i did i would have lost 280 less on the day.

FB  -350  This is just boredom scalping as I should have never played short side unless good chart formation for a scalp of .50 or so.  Main reason should have stayed away from short side is it broke pretty big resist of 180, no sense of hitting it unless stuff, especially trying multiple times is just being stubborn trying to make something work.

HMNY +250 only stock I had a feel for, only problem I had on it was giving up on it once it bounced, I almost bought dead bottom but hesitated and missed.

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