This week I trade with small amount. I need to prove to mself that I'm well able! I bought the brought think it will squeeze more shorts but it failed, I sold to take my losses quickly.
Entry comments: I shorted this BTUUQ sympathy play after BTUUQ cracked and went g/r. I was thinking this one could at least test g/r. But BTUUQ saved itself, and this trade doesn't look good right now. But I'll give it some time and maybe wider range since I don't have big position.
Exit comments: Nope. BTUUQ saved itself and now it's a buck above g/r, and I didn't get any panic on a g/r move. So today I traded 2 stocks, neither of them wnet the way I wanted, and I still made over $100 on small positions. That feels good, better then when I won $500-600 and I traded badly. I might reshort this one in the powerhour if BTUUQ cracks, and on a g/r move.
GOOD TRADE!!! I couldn't have bigger position because of 2.5 rule and I have some stocks bought on my account. Too bad, since this was a good trade. I recognized that this was a BTUUQ sympathy play, and when BTUUQ opened red, I was ready to short this one on a g/r move. It didn't panic as I expected, but my covers were good with most of my shares covered at lod.
as you can tell from the previous trade on this name I had the right idea just bad execution again
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