THIS POST HAS MULTIPLE UPDATES SO SCROLL ALL THE WAY DOWN
The day trader I wrote about earlier has had some bad luck of late. Study these two charts closely to learn from his mistakes. APHB CETX
Update: Another near disaster on May 18th ... can you spot what he's doing wrong? GLYC
UPDATE: June 1, 2017 ... MBOT
UPDATE: June 8, 2017 ... ABIL
July 18, 2017 in CAPR
December 4, 2017 ... PXS and ASTC ... same old story, gets stuck in a Flying Pig, doesn't exit for a "small" ten or twenty thousand dollar loss ... I assume he adds to the losing position in an attempt to improve his average (475,898 shares traded in total), but price keeps rising (high in PXS was $12.22!) ... says he was down 98K, made some back when PXS finally broke at 2:45 PM. ASTC same thing, just less dramatic (smaller size probably and smaller move).
December 22, 2017 ... short SGLB ... $39K loss ... nearly half a million shares traded.
December 26, 2017 ... when the "halt resume" washout long fails, this time in FTFT ... ~$44K loss ... over 600,000 shares traded.
Jan. 4, 2018 ... CNET and CPAH ... nearly a million shares traded.
Jan. 5, 2018 ~$58,000 loss, long $CNET ... over half a million shares traded ... fighting it on the other side after a bad loss previous day. Clearly "day after" revenge trading ... ugly but happens to the best of us....