I've missed all the small cap plays this week all the gains I had came from the scalps which can be bring in some cash flow but the big money is still in small caps and I need to position myself to better catch these plays for only 1 nail can make the week or even the month depending on the size you have and the move it makes. Let's see what I traded this week.
Monday
Should have nailed $TRPX this day but I missed my entry and didn't want to chase this one down. I only scalped $TSLA once for a small gain.
Tuesday
Worse day in awhile as I got into revenge mode and tried to make the day green by scalping $FB but only made it worse. Although my entry wasn't bad as $FB was starting to look weak I completely forgot that Zuckerberg was appearing before the Congress and obviously he said something which people liked causing the stock to spike hard against me and taking a larger loss than I anticipated.
I also traded $NFLX where the entire circus began. Nothing really worked that day for me.
Wednesday
Again after missing the small caps that day I turned to scalping $TSLA and $FB.
Thursday
Nothing on the morning scanner and my usual scalping stocks were choppy with no real trend and didn't touch any of them. Late day though $RIGL had a nice pop creating a great shorting opportunity but I only saw this one after it had already dropped.
Friday
Same story, didn't take the short on $GERN even though I had already paid for the shorts I could have nailed this one but I need a little more clarity when it comes to catching these fast moves.
This next week's focus is strictly going to be on catching these small cap plays and not let them pass by me again like this week.
Hope you had a great week!
Peace!