Can one post a blog without having a ticker in it? Those tickers are what I have traded and lost on. 

I thought I was a tough person. I thought I was not gambling. I did not think I was entering into any of these trades to loose money. But that is what happened. I provided liquidity to early birds to exit and go have breakfast.

This morning I entered 1.70 bid on Mosy @ 9.33 am. I missed the bid I scrambled to get in and finally said " let it pull back and settle and I'll re-evaluate. But I knew I missed my entry. I felt like I was chasing. 

I bid 2.10, I thought risking off 2 bucks was solid. Anyways I moved it up. Not patient. Sure. 2.15 I get the bid and I'm a wreck. I hate the way this has gone. I sell 2.09 just before it reverses.

I would never have done that before I started trading this way.

I have had around 10 am, so many of those tickers crack right in my face, even bidding and not chasing.

I worked my ass off over the weekend. Trying to build a better watchlist. 

Anyway's I'm sure everyone else has gone through this. Well hopefully not quite this bad.
I don't see the other side yet.

Part of my problem I need to sort is a broker. I'm with The Royal Bank of Canada. / Direct Investing.

Do not go there. I have tried to short every ticker you see above. I could not get a borrow, for example on 

 CLNT Cleantech. That piece of junk today @ 5.50 I could have made a dollar before lunch.

The bank will fill orders for  all this junk but you can't get a borrow. It if it is under 3 bucks forget it. If it is an otc or tsxv not possible.

Oh the Level two sucks as well and I think is damn near more of a hinderance than an asset.

I have spent countless hours going over sec filings and annual meetings and financials. Corporate presentation. 

I think these things are all in Jepoardy of continuing as a going concern. Save your eyes and scan for that.

Look for the brackets at the end of the first column on financial. 

Pros must be ordering pre-market and hitting the ask at the open. Scalp .15 .20 cents. Go get coffee and then come back and short the damn thing for days. That's an exageration but I think it illustrates the point.

I must sound awfully miserable and I am. That is not who I am though. So the work is to get my head straight. Be more selective and take my ten cents when it comes. 

I can not help but think it was a couple of winners that turned looser some time ago that set at least some of this in motion. I'm greedy. I can't believe it. 

Much to sort out. If you made it this far. I commend you. Train Wreck. Do not trade these tickers randomly after the gate opens. Alot of the charts are lying. The traps are real though.

I have seen flat tops fail. U shaped fail, red to green fail. Ascending wedge, fail. And especially the a-b-c-d. that is a classic fail right now. For sure it depends when. MOSY on June 7, it worked that was at 1.40 though so... today at 2.33 it cracked hard. Maybe that's the point with that pattern. The early part of the move will illicit the short cover and the latter part of the set-up a day or two in is a trap. 

Right now I think the one dollar breaks are the best, the volume has to come back after the 1.05 then the retest to .95ish and then again at 1.10. ( generally)  and the red to green at very open. I needs to catch the herds eye. 

The gap and go is probably the best right now.  I need to sort that out and get it in my arsenal.

 

Good luck to everyone and hope some of this horror story has value for you.

Cheers 

Robstar