Frustrating day today. I completely butchered $BLFS. Bought at 2.70 (near top) and instead of getting out quickly in the mid .60s when I saw it wasnt going my way, I held and ended up selling at 2.53 for a bigger loss. I need to use smaller size if Im gunna chase and have a tight stop. Then I made another dumb mistake. I shorted at 2.46 which was near the bottom and then covered at 2.60, which was near the top. I did the complete opposite of what Im supposed to do. This was a revenge short trying to make some of the $$$ back that I lost trying to long it and I realize now that I had no business shorting it there.
$AMCN I actually did pretty decent on this ticker. Sucks I only got 50 shares filled on my first short or I would of had a nice gain on that one. My next short was at 6.16 when I saw lower highs from that 6.28 level. This was a great entry I just need to work on my exits a little bit. After I sold half at 6.07 I should have let the rest run until the 5.80s, but I was already frustrated from the $BLFS trade and I wanted to lock in profits. The next short at 5.92 was a decent attempt. I covered at 6.02 for a .10 cent loss. My last short was at 6.17 once I saw it wasnt breaking over that 6.28 level. Covered at 6.06.
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