Trading Notes -- 20190305 Tuesday

Added on March 5, 2019 by C. Maoxian.

Wife had doctor appt so more or less out all day … tried a quick short flier on DSS before leaving and stopped out at tightened stop, reversing there woulda worked, but it was a no play gamble, bad. Also the IB borrow effect was in play, since I had a borrow I just shorted willy-nilly as a result. That will change when I move to the bookie with the bulk of trading… also commish on 10,000 shares add up quick ($50 a side). TSX played a nice one minute reversal in PETZ (see chart below), but I didn’t open the bookie. Broad market mixed it looks like.

DSS 50.6K, PETZ 44.8K HTB, NCTY 31.1K HTB, AWSM 24.0K HTB … included CIFS and JMU charts to show what it’s like to be StuckAtaProfit after paying 7x for an overnight borrow.

Trading Notes -- 20190304 Monday

Added on March 4, 2019 by C. Maoxian.

Broad tone neg, gasp, the horror, but indexes only down slightly. CIFS and JMU to HTBs du jour … IB had some CIFS PO but had to be pre-borrowed … JMU totally impossible to borrow, even the bookie didn’t have some at first (then found some) … CIFS 119K, JMU 55.6K … worked on getting long today, went pretty well though it felt extremely weird and unnatural, but I have to overcome this problem if I want to get back to making half a mill a year. Was flipping through watchlist and STNE was on there and I caught it just about right and it tanked, sort of complete dumb luck. BPTH Day Two was squeezy and I wasn’t involved since there was so much action in CIFS and JMU. YRIC sub-dollar Chynar garbage, no borrow at IB and bookie doesn’t allow sub dollar shorts oh well.

Movies Watched -- The Guilty (2018)

Added on March 2, 2019 by C. Maoxian.

In Danish. 85 minute running time so well within the sacred 100 minute limit. I loved this movie! It all takes place in a police dispatcher’s room, with one cop on the phone, yet it’s totally thrilling and completely engrossing, with things revealed bit by bit, assumptions getting flip-flopped. Really well done. Highly recommended. Will definitely make my Top Ten Movies of 2018 list (which will come out in 2020 since I’m still working on the 2017 list now). The Danes can make some really good movies (and TV shows). A rare case where the 99% fresh rating on rotten tomatoes is actually accurate. Green go, see this one!

Trading Notes -- 20190301 Friday

Added on March 1, 2019 by C. Maoxian.

Broad tone poz, you guessed it, market was up again, can’t have two down days in a row, hasn’t happened since last December. BPTH the HTB du jour… 191K … I took one stab at it in morning, took 0.5R loss and then was locked out under PDT. Crazy that I haven’t sent money over to the bookie yet, but will rectify next week for sure … good opportunity to short it in afternoon, but I’m not sure how many losses I would have taken before catching that, and then it rallied to new highs EOD as stuck shorts covered (didn’t want to pay 7x borrow cost, lol) … PBYI also in play 41.7K, shorted it late morning, got good cover on half, didn’t trail second half aggressively enough but still a sizable gain. Then it ran all the way back and made new highs, brutal. I’m sure people blew up on BPTH, it was nearly ZSAN-like scary.

Trading Notes -- 20190228 Thursday

Added on February 28, 2019 by C. Maoxian.

Broad tone slightly neg … RKDA the HTB du jour (117K) … TGTX also in play (38.7K)… TTOO less so (20.3K) … ENDP (28.7K) woulda been good , but I didn’t see it in time, too busy goofing on TWTR. Traded RKDA and TGTX well, had to go to bookie broker for afternoon borrow in RKDA (0.02), which was a doozy — they smashed people and I was lucky to be able to hop on for the ride … didn’t handle exits especially well and had to leave early for massage, but I learned from some mistakes once again. TGTX dropped an offering at 16:01 the dirty bastards, but I was long gone. GEVO did 1,600 trades total on Day Two. :) Laying out the chart differently so I still have to tinker with that a bit. Found some neat YouTube videos from Steven Du … can’t say if he’s totally legit, but I like what I see. Glad to finish an atrocious month, probably my worst in the last two years, but I’m still standing and always learning so it’s good.

Trading Notes -- 20190227 Wednesday

Added on February 27, 2019 by C. Maoxian.

Broad tone mixed … GEVO the HTB du jour, no good spot pre-open, woulda had to chase … shorted TNDM, messed it up a bit (paranoid given number of recent all-day runners) but finally got decent average, happy with covers, shorted SE on a 15 min setup, went my way more than 1R then reversed and I didn’t get out immediately, ended up taking planned loss which was an error, shoulda been a scratch at worst… I’m still working on the 15 minute play, how to manage, it’s tough, woulda been perfect long but of course I couldn’t do that! MTP another HTB SDJ, sub dollar though, didn’t really watch since no way to play.

Trading Notes -- 20190226 Tuesday

Added on February 26, 2019 by C. Maoxian.

Poz tone, though flattish prices … FTNW the HTB du jour… 76,400 trades, nothing like CFIS yesterday but still… HTBX and ZYNE PO movers but no spots and FTNW had all the attention and money in the day trading world. Glad to finally exit KNDI, though driven out at trailing stop on final bit. Notes on charts:

Movies Watched -- Blindspotting (2018)

Added on February 25, 2019 by C. Maoxian.

95 minutes so a good length, but I still had to watch it at 1.5x ffwd. The story of two childhood friends, one black, one white. Black guy has three days left on probation (convicted of a horrific assault on a hipster, his white friend got off, inexplicably), when he witnesses a white cop shoot a black guy in the back. Issues of race and the gentrification of Oakland, but it wasn't very good, a muddled message at best. Clearly the black guy playing the part is educated, probably a sweet middle class kid who grew up in a nice suburb. I wasn't thrilled. Lots of unnecessary swearing too. Dude, do you have to use so many cuss words? Again the rotten tomatoes ranking leads me astray. Red rating, avoid.

Richard Brody gets it right: “… the movie’s substantial observations are dispersed in theatrics … the conflicts are schematic, the characters are thinly sketched….“

I ain’t no killa, I just beat guys senseless who have caught on fire

Trading Notes -- 20190225 Monday

Added on February 25, 2019 by C. Maoxian.

Poz broad tone, never a down day … CIFS TTNP KNDI UXIN … ACHV day two down 24% 9,600 trades, 181,000 last Friday, lol. Notes on charts.

Trading Notes -- 20190222 Friday

Added on February 22, 2019 by C. Maoxian.

Poz broad tone (predictably, can’t have two down days in a row, been the case for months now) … ACHV the HTB du jour and the only game in town … all ZSAN losses recoupable but only if you acted off of PO difangs, no spot in regular hours, and they triggered SSR early, the dirty bastards … finally stopped out of DBD, crazy to hold it that long but better than monkeying with the original stop. KNDI the clown car company still holding up… it’s either going to go to new highs or collapse, take your pick.