Another harsh day for me but has good lessons.

Renaming the post from the usual on purpose, don’t want to put on myself any more pressure and at least if I am failing it's better to fail forward and continue pressing to my goals.

Didn’t trade at the beginning of the day due to personal schedule issues but traded into the afternoon.

Spot 2 tickers, both consolidations on the day high, HMNY MRNS.

HMNY, good consolidation on the day high, thought it will start ramp up and squeeze again, this stock continue to set the tone at the big percent gainers. Breakout level at 9.60 my target was the 9s close to the 10.00 big round number. Two problems with this trade:

1.       Pressed a little too late and got terrible execution.

2.       Miss calculates the quantity and the risk level.

Got out for a loss. Didn’t thought the stock was way overextended because of the past performance.

MRNS, another consolidation on the day high after a multi-day breakout. Same trade like HMNY but the main conclusion for me from this trade is "market environment" and "sympathy plays" the pattern was solid BUT at that time most of the big percent gainers were crushing HMNY ITUS IZEA and that took all the power from MRNS.

That's it for the day. Tomorrow finally my margin account has approved at IB and I can focus on the direction statistically I am more good at it, SHORTING!