Whiplash kind of a day. Started with run up then long run down. Ended with a strong close up close to highs again. I think I heard biggest intraday recovery in last since 2008. Crazy market action but not much action for me. Don't have much to write so I'll get to it. But would like to promote traderfeed.blogspot.com, guy puts up a lot of helpful information for free on there. He has written a couple books and seems to have a good view on helping the mindset for traders.
Trimmed down my position size in MDCN again. Not as scared about it hurting me more as pot sector is bouncing now (along with market) and I've realized my losses for the most part. Bad decision to hold onto this one. Can get lucky if bounces huge and I mean huge to erase losses.
Tried a breakout play to hold overnight. Got a small position in KEG. I like the ticker and admittingly do not know what they do. This is simply a chart breakout play. Thinking it could run over the next few days and continue into more 52 week highs. Not a large position as I don't know the upside potential. Will get out for small loss if weak opening tomorrow. Down a penny from my buy right now which is nothing on a $10 stock.
Tomorrow may open up a day trade for me and could be a good one if I'm patient and markets continue higher. But market has been a seesaw so not holding my breath. Saw there were some pot pennies running and may try my hand at one.
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