Entry comments: Bought a/h after Trump admin name-dropped the company as leading the development of the coronavirus vaccine. Looking to sell in the low 80's.
Exit comments: Faded p/m , should've went with the lower Float and largest $Volume play for o/n : $APT or CODX. Great trade!
Entry comments: Averaged down triple leveraged China bear shares on coronavirus pandemic. Wouldve got in Friday but I was busy all day so couldnt research. Virus is worse than being reported by state media and also doesn't show symptoms for a week. China is incompetent in dealing with an outbreak like this. My models show 10k cases by this Saturday and 100k cases a week after that with a 3% fatality rate. Seems to be a real black swan that will hit global markets.
Exit comments: Was trying to hedge against the coronavirus this whole time. Turns out I bought a dud. China manipulates everything in their commie 'markets'. Should've used $TVIX or $SQQQ instead to hedge on the US side, would've gotten a 80% or 12% return instead of a small loss. Lesson learned!