Tough day today -$427.38. PTCT NVDA EXEL EGLE. Missed FNMA and DRYS.
I started the morning out on the wrong foot with PTCT. I jumped in to big to fast on the wrong side. Really did not anticipate the range correctly on this thing causing sizing in to big and miss placing stops. First tried short, stopped out. Then tried long, stopped out. My long was a bad entry. I expected a pig push on the up-grade news that came out, but nope! I just could not get the right read on it and it kicked my butt.
EXEL, I really really really HATE this stock. I don’t know why I trade it. I honestly should not trade it because it drives me nuts!Tried short on what looked like was going to be a pull red, but like EXEL fashion it held and squeezed me out. I did finally nail one short on it for $1000 but not enough to make back all the losses. If I had never gotten in this stupid stock I would be green today.
EGLE was a killer nail and the one shinning light from today. Went in short on the big volume push to 6.65. My mistake here was not adding back in on the pops. Wish I would have but honestly when it held VWAP again I figured it would make a new HOD just as it has been doing. However, it did not and finally pulled below VWAP.
NVDA was a quick short scalp into the volume push making new highs. Went in small looking for a pull back to $88. Never got that low before spiking back to my entry so I took it off.
FNMA I saw on Level II that it was going to turn. I was just too slow to borrow the shares and nail it.
DRYS the borrows were very expensive so I did not borrow any, but in hindsight I should have borrowed even just 1000 shares. I missed a great fail after the morning para.
