$GLNG was on the watchlist for couple of days. I want to short but wait for the trend change and today is the day.
It's start to sell off premarket and market open sell off more. I miss the $17.00ish so I start in short around $16.35 & $16.29 with the risk at $16.39.. My plan is to cover around $15.50 or so. I just hang on to this trade and it ramp back up. I cover at $16.51 for a small loss. Looking at the trade make me feel so dumb now. I should have cover anywhere still make some good profit.
$OCLR, this stock came up on the finviz.com top gainer.
I am trying to buy at $4.19 for the secondary breakout from those two circle below. After it move upward, I adjust my stop loss as it go up. I set my stop loss at $4.20 and the big drop take me out of the trade.
Around lunch time, I saw $OCLR sell off, so my plan is to short if it fail $4.02 or $4.03 level. My first attempt to short didn't work so I cover for a small loss. Then second attempt to short, I was hold on when it moving back up because when I cover on first attempt, it went right back down. This time I hold on and didn't come down but inching higher, so end of day I cover all for small loss again.
$SGOC, I have a good plan on this trade on the first buy but when I click on the wrong button to sell as it move up, I end up click on the wrong button to buy more share. That is when the trade go sour. I have to cover for a loss below $3.90. I have to work on my finger and key stroke to avoid happen again..
See you all tomorrow. My goal this month is to manage risk, keep it small loss and cut off as my risk level.
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