02/01/2016 Trade status for $HNSN, $TMST, $WATT

Let go over these three tickers today $HNSN, $TMST, $WATT

HNSN. I saw it pop up on finviz.com at 5% gainer. Put out twitter alert but didn't think it could run since volume is very low.


I check back around 3:00PM and it's already ran up $3.65 and coming back down. My plan is to short if it fail the $3.34 previous breakout point at the circle below. I shorted $3.33 and wait for the $3.00 to cover but it didn't and I have to cover all at the last minute of the bell $3.34 and $3.35. I just lost $25.18 for this ticker.


I could have cover $3.20 for $100.00 profit but it's not part of my plan.


$TMST I put in a short order 1000 shares at $8.30 but didn't get fill so I just move on to the next trade because I don't want to chase it down and realize I just miss that big $1.00 drop. So I sit back and wait for another setup come. After 11:00am, I saw more wash coming. I starting 1000 shares short at $7.33 risking $7.32-$7.36 fail support at those circle below. It crack and moving back up so I cover $7.30 for $0.02 loss. There is another fail support pattern setup risk at $7.09 so I start in short 1500 shares total $7.07 and $7.03. Here come the big wash, I cover 500 shares at $6.47 pay myself a little and leave the rest for possible $6.00. Sometime stock didn't do as your plan. It move up and I just keep shorting more and more because I just risking the house money. I still holding an average at $7.04. When I realize it doesn't crack so I cover everything $7.11 for only $32.14 profit when I could have make over $800.00


Over trade and scale in at the wrong time didn't get pay today. I could have cover everything around $6.50 for over $800 profit.

$WATT, I start in short $5.95 & $5.80 risking $6.04 fail support level. I waited and waited and more waiting. My plan is to cover around $5.40-$5.47. The lowest it came down is $5.60 and I didn't cover. I try my patience skill today and you know it's not alway work. It start to move up then I have to cover $6.01 for a $141.23 loss



Overall loss today is $95.00

I am trying to manage my risk and cut loose if plan didn't work out. I regret not taking over $800+ profit on $TMST, that is why trading is tough....

Just have to think like a robot and trade like robot... Or just aim for small profit each day just like modern_rock said "steady grind, win the race".