Madbash

I'm sitting pretty on a swing short that closed right at it's lows today. I would love to see a test of the 6.50, 6.60 support tomorrow with at least a half a mill in volume. I plan to be more patient with this short than my WNDW play that I covered way too soon. 😃

Received 1 Karma
Madbash
Madbash Jan 25, 18 3:01 PM

Beautiful day of fade. 1.2 Million shares traded, closed @ 6.49 after lows @ 6.41 Tomorrow should give us a third "black crow" I may have to cover tomorrow before my target, but if I get 5.50s I will be stoked!

Madbash
Madbash Jan 26, 18 1:41 PM

I had to cover. I was far too distracted by work so I covered @ 5.95 Not too bad as it looks like it found a base @ 5.80 and will bounce on Monday. Sweet Profits! 😁

Join now or log in to leave a comment
Madbash

Good old dead pump bounce. Just gotta be careful jumping in with such a scary spread.

Received 1 Karma
GT500
1
GT500 Jan 24, 18 7:53 AM

Great trade, was really hard to trade on that spread.

Madbash
Madbash Jan 24, 18 8:35 AM

@GT500 Thanks KZ! Gotta love the Dead Pump Bounce!

Join now or log in to leave a comment
Madbash

Another play I watched unfold without a position. The lesson I am taking from these recent runners is that a small position is better than no position. I will look to reduce my size so that my risk is not easily met. The pros seem to give themselves a wide berth so they don't stop out. Be a Pro!

Received 1 Karma
Join now or log in to leave a comment
Madbash

The one that got away. I probably would have only taken .60 cents of the available 2.00 dollars, but at least I would have followed through with a great r/r play.

Solemander
1
Solemander Jan 21, 18 8:11 PM

nice work! what program do you use for the bubbles? I cant find one that's not annoying to use. Hope you don't mind me steeling your idea!

Madbash
Madbash Jan 22, 18 9:40 AM

@SolomonShah Hey Solomon, please do use my idea! We are here to learn and grow! I take a screen shot, then cut out the chart in Microsoft Paint. I then use Microsoft Publisher to add the annotations. The cool thing about Publisher is that you can save the image as a JPG, GIF, or PNG for low res sharing.

Join now or log in to leave a comment
Madbash

I really played this ticker badly this past couple of weeks. There is always room for more patience as you can add once the demise of the stock is apparent.

Join now or log in to leave a comment
Page
of 81