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scaled in way to early, should of waited for least a 2s trigger, the stock was going up like crazy. went i with 1s trigger, too dangerous. Scaled out, stock dropped fast to 8.74, didnt have time to get out there, got out at 8.93 with 400 and 9.05 with about 200. Take away, need to have patience on these contra trades, need to wait for the right moment, otherwise there could be alot of pain.

tried again on 2s trigger, and it failed quickly so got out quickly, stock did go to 28.87 with a 5s set up before totally fail, however it is a tough trader as it is jumping around a lot. Take away, if a stock is very volatile and makes you uneasy, dont trade it. otherwise it will only play your emotions and make you make mistakes.

over extended stock, triggered on 2s, but was bouncing off of 2/9, so exited quickly as this is a dangerous stock. Stock continue to trend up did not give any real good short rest of the day. Take away, once a strong stock is identified, trading with the trend might be ideal than trying to trade against it.

stock took shape on 5s, triggered, out half at 30.51 and other half got stopped out at 30.35, even though stop loss was at 30.41, tough trader. Stock then proceeded to drop more before setting up for 2ndary 5s, this was a decent one for 50 cents, but the risk was also around 50 cents, do did not take it.

attempt to buy the bounce as stock fell all day, missed the 2s and 5s trigger, chased the 5s, so very uneasy, stock did bounce 50 23.50, but had many more pull backs before that. Take away, dont chase, as the set ups are not that great to begin with in the afternoon, and with chasing there is just no good ending.

Shape on 5 and 2, 15 doesnt look as good. took 2s trigger, stock went to 8.45 then bounce to 8.65 and then eventual fading to 8.27. got out on 2/9, stock went to 5/9 before bouncing. strong stock risky short. Take away, wait for first red day or g/r type of set ups, too risky with these strong stocks, better DIP buy.
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