Trading Recap 5-June-2018
Traded $CODX all morning yesterday both on the long and short side. The frustrating thing is that I didn't respect my plan on the premarket which was to scale in on the long side from 6 to 5.50 and then take it off if it broke 5.50, but I got cold feet and I bailed out early unfortunately and my plan would have worked out great as we did have a squeeze to the 6.60s. Tried to long it again and failed and then I switched to short and got breakeven. Went long again expecting another squeeze and I ended up in the money. Overall messy trade but glad I turned it around.
Need to do a better job, being green is not the end goal here!