Monday, December 7, 2020

Got my piece, but missed the boat

I really like how I traded JKS today. Wanted it short/earnings. I saw it opening "not down enough" and predicted a huge updraft. I waited that out (prescient!!). Then notched into a short. First trade was excellent. Second try was a pain, bled too slowly. When it didn't make ndl below premkt, I cut it. Spread was difficult and I was done with it.

SPCE really got away without me. I like the trades I took, excluding unintentional oversize, but glad I cut that where I did. Tried again and it didn't work. Then I was too chicken to take it the third time, which would have paiiiid! 

MP was frustrating action on the stock and tough action on the option. First stop loss/loser took a big chunk. But I have to take those and not get too cute so I lose more. Big losses suck, but oversized losses destroy. 

One of the things I did well today that I REALLY like, is I screened my very best picks. These were the only 3. I didn't mess around with jumping into other things. 








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