Day 3

Plays of the day TWTR, EBAY, MAT, ENPH

TWTR short once cut, short twice cut, short thrice payout. Overall good trade, kinda thinking about revising early entries on market open test towards levels i'm interested in. No reason to be too early for mid/large caps. Following such a logic, first short loss would have been unnecessary while second entry and cut was perfectly fine and within plan but overall small losses leading to large payout so no chip off my shoulders. Third entry was the payout but took profits WAYYYYY too soon. Should have known it would fade this much more when markets are this far down as of recent (plus the graveyard cliff dive of ETNs and ETFs).

EBAY something about this stock and me missing entries and payouts. Was kinda unhappy with my initial entry on this as I wanted it to play out more before entering. FOMO got the best of me and entered. Some respite in the fact that I got in on the price I wanted instead of FOMO chase for both TWTR and EBAY which was a nice change from yesterday. Small cut from initial entry and was looking for second entry but was too focused on TWTR. And what do you know, it cracks exactly the way I wanted. Didn't get paid out on a plan that worked perfectly, meh. Initial entry that wasn't in line with plan, that's bad, change.

MAT following my revised approach on initial entries this would have been a good opportunity but too preoccupied with TWTR and EBAY. Big picture play not yet manifested so kinda meh on missing out on this move. Gonna see what becomes of this stock.

ENPH nothing interesting happened. That's it.

*Updates* What a day, SPY flying all over the place, ETNs, ETFs, BTC cracking and all that good stuff. Gonna tread carefully the next few days. Either way day wasn't bad overall. As mentioned, mid/large caps gonna give it time to test my entry levels rather than diving into entries at market open. Small losses can add up too. TWTR took profits way too quickly, big picture play and understanding movement in chart price action is critical to making good exits for profits or losses. Did well on entries, cutting losses and EXCEPTIONALLY well on minimizing gains. Also, using SPY to guide entries on the first 30 - 50 minutes of market open should do me well in such a market condition. MAT missed the move I was looking for but big picture play was 16 crack, didn't do it and most likely wouldn't anytime soon, meh, move on. ENPH did nothing whole day but looks interesting if I had more time to play this next day but probably gonna be a meh for me.