Learnt a valuable lessong from the SNDK short. Tried to short an uptrend again. Dont do it on high volatility stocks unless the stock is trading sideways and not in a trending mode (SNDK is in a strong uptrend - making higher lows and higher highs). The trend is your friend and buy on the dips in an uptrend. So simple yet so difficult to follow. To add insult to injury the day after I covered my short, the market moved sharply lower. Would/Could/should have been able to get out with a much smaller loss which is what I was looking for anyway. The KOSP trade while profitable was disappointing as well. Shorted a retracement in a very strong downtrend but was quick to take my profits. A thousand bucks in a few minutes of profit left on the table.

Mood:  chillin'
My trades this week. Shorted KOSP on a pullback to 56.50 during the recent downday. Took profits too early at 55.90 only to see it move lower to 49.45 within the new few hours. Shorted SNDK at 55.75 hoping for a quick retracement only to see it move higher without any retracement to 58 within the next 2 hours of trading the next day. Stopped out at 59.70. Quick loss.