The Super Terrific Happy Hour

[Max E.]

AKS was the highlite, MCD was the low lowlite, i knew fucking well MCD would go up, its the flight to safety from insanity in tech, but i got a bit to big on a feeler poisition before i knew what was going on, and i punched the dead low.

 

[Max E.]

probably going to regret not rebuying MCD at 157.

 

[Max E.]

LOL, this is mid afternoon chop but im more dedicated to trading all day again after summer holidays, so ill give you the good with the bad, went to McDicks, took a bath again, then went to NUGT, and destroyed it.

Overall up about 2300 on the day.

 

[Max E.]

There wont be any more trades today beyond this point im still wanting to buy back into AKS, lol.

 

[Max E.]

TXMD is about to reverse got it long from 5.60.

 

[Max E.]

MCD was the only other interesting trade today, i totally fucked this thing first 2 times, lost like 800 bucks,then i cut my size down to quarter size when i took it the third time, and crushed it but it wasnt enough to make it back its hard to get over that, but i think that was the most disciplined choice at the time.

Kept going long MCD all day but my timing was wrong on it.

I was too early and too big both of the first 2 times, and it led to me sizing down when i was absolutely sure where it was going.

 

[Max E.]

Scratched TXMD too, too many lower highs.

 

[Max E.]

TXMD about to make an ass of me, i should be up 6-7k if i could just hold on too winners, this day is hard to stomach, I finished up 2300 but traded like a jerk off.

 

[beerntrading]

I'm getting beaten up today with CMG. It seems intent on screwing me no matter which way I go. Was bearish, got stopped out. Went bullish, got stopped out. Now bearish again and the chart pattern is falling apart (luckily before I pulled the trigger again)

 

[Max E.]

I'm getting beaten up today with CMG. It seems intent on screwing me no matter which way I go. Was bearish, got stopped out. Went bullish, got stopped out. Now bearish again and the chart pattern is falling apart (luckily before I pulled the trigger again)

Only two things i could say on that, 1 i would never actively trade something with Margins as wide as CMG, i trade lots pre market, but thats different than algo mid afternoon with 30 cent spreads.

Only other one i could say is dont go back to the well more than twice it almost never works. The times i make it all back on the third attempt are almost zero, but the times i dump like 2-3k into a stock over a bunch of trades are too numerous too count