02/02/2016 Trade status for $GLNG,$HNSN,$INO,$TMST,$IDTI.

I trade too much today.. Too many tickers. Over trade.
$GLNG,$HNSN,$INO,$TMST,$IDTI.

$IDTI This ticker was on the gap down and I want to see if I can short base on the selloff.

It start to sell hard on premarket. I sit and stare as it go lower and lower. I don't like to trade premarket because it jump too much... I can't resist so I have to jump in with the risk at $21.00. I start in short $20.80 wait for market open and start to sell off more... I cover $19.45 over $1.00 profits. Start to put some Mr. Benjamin Franklin into my pocket for cusion and scan for the next stock setup.


$TMST, this trade come along because it's on my watchlist yesterday. I traded yesterday and didn't go as plan so I was thinking I am going to get it straight today. Guest not. I make more mistake on this one. Plan is to short if fail risk level $7.06. I start in short $7.03 & $6.93. It crack a little to $6.86ish and moving back up to the risk level. This is where I make mistake. I didn't cut loose instead of hold and it taking me for a $0.50+ ride to the upside. At this time, I am down.  I decided to short more as it fail $7.50ish. It start to come down. I was right, for just a little bit then heading back up higher. At this time I decided to cut off everything around $7.83ish. If I cut off everything at $7.06 then I would not lost this trade.. I just keep repeating this bad habbit many time this month.

I just hug this ticker today, don't know why. I short again $7.56 as it coming down risk $7.62 fail support level. This time I make good decision to let it go at $7.66 because didn't crack below $7.62 as my risk level.

$INO is on my watchlist for couple of days, now start to sell off. My plan is to risk $6.51ish fail support level. I start in short $6.50 as market open then I cover $6.29 as I saw it hold $6.09 and moving back up. Cover for small profit.


$HNSN is a good one today.

This ticker was on my watchlist and twitter alert. When it fail $4.42, I start in short $4.40 then it moving up so I cover $4.59 (obey my plan). I short again $4.40 as it come down below my risk level $4.42. I cover some at $4.33. It moving back up but not passing my risk line $4.42 so I short $4.36, $4.26 and cover some as it move up $4.26 level. Then the downside just keep coming so I short more and more with the risk at $4.31ish. Total over 4000 shares short. I cover all around $3.80, $3.81ish for over $1500.00 profit.




$GLNG take a stab at $17.05 short with risk at $17.14. I saw it moving up so I cover $17.17. I obey my plan on this trade and manage my risk very well. If I do the same for $TMST I would have bank over $4K today.



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