Gap and Crap Reversal. 0.38R. I was monitoring this one but would not buy below VWAP. At 2:45 pm it went above and started to get the volume. Got in, risking the $1.4’s and sold into pieces with the hod break and afternoon squeeze.

Gap Short. -0.32R. Day 2 gap up. Went to $1 premarket and it was opening in the upper $0.6’s. Shorted at .68 and added at .65 when it was making new lows, risking hod by then. It spiked immediately, stopping me out. It decided to tank at 13.30 but I ran out of day trades on TOS and cannot short sub $1 stocks with TZ.

Multiday Breakdown Swing. 0.72R. Entered short on Tuesday, risking $600. When it tanked, moved my risk to hod. It closed at its lows. Overnighted it but it gapped up slightly. Idea was for the move to continue to the downside. Covered at 8 am. Good cover because it had a bounce day. Perhaps a lot of shorts are trapped in the same idea.

Second Red Day. -0.13R. Took a starter at 10 am ($2.1) when it looked like the $2.2’s was the top. Plan was to go full size when it broke down VWAP and average to $2.05, risking hod. I got stopped out for the starter. LIMN went to $2.8, making new highs and then went to PT at the $1.4’s. Big choppy range in this ticker.

Multiday Breakdown. -1.05R. Took the bounce at $575, risking $610 at first. Decided to cover in the afternoon because it was holdings green for the day and did not want to overnight. It decided to crack by end of day. Still setting up for a multiday breakdown setup in the following days. 1R risk was correct.

Overextension. 0.84R. Took this one at $2.26 (9:45 am) because the spike failed at $2.4 and it was rejecting that level. Thought this would fail if it went below VWAP. It did and immediately flushed to the $1.9’s, where I covered fast. I left half with a stop at HOD.

Gap and Crap Reversal. -0.1R. Took a long at $2.03 (14:30), risking $1.8. Moved my risk up to $1.92 when it tried to break $2.1. It stopped me out at 15:30 pm when it failed. Small losses are fine. Trying to test this pattern with the new criteria. So far, very small losses but looking for R:R instead of winning percentage.

Gap and Crap Reversal. -0.09R. Took an entry at $11.3 (14:20) risking just below VWAP. It almost took me out but it bounced back. At 15:00 it tested hod but it rejected it. I moved my risk to $10.5 (higher low by then). It stopped me out at 15:35. It just gave out all of its gains after that, going red in AH.

Gap and Crap Reversal. -0.22R. Traded this software ticker. Entered at $3.05 and got stopped out when it went below VWAP at $2.65. Tried this ticker using the system. Probably did not have a lot of fuel nor time to go, given the time of entry (3pm) and the float (not a microfloater).

Gap and Crap Reversal. 0.15R. Entered long at $2.45 (14:50) and waited for an hour for a spike. Got the spike to $2.6 and sold half. There was not follow through nor time so I sold the other half at $2.5. Minor profit. It went to the $2.2’s just before the market closed. Gave it time but I think the criteria helped with my selection and entry.