HOKU's chart was looking prime for a short trade today. I couldn't wait to get into the market and make up for that catastrophe of a trade in JSDA last week.
After analyzing it this morning I was happy to see it gap up on no news. I bought in half of my position quick and was planning on doubling the position after I saw what it did.
When everything was going as planned, the stock was tanking but I just couldn't pull the trigger and short more. I was thinking about that JSDA trade, its haunting me. The last thing I wanted to do was double my position after I was already up and then see the stock go against me.
Later HOKU made a nice little bottom at 8.90 and I was thinking it was time to sell. I couldn't quite pull the trigger quick enough. I ended up bailing at 9.15. Made .70 a share or 7.65% which is a fucking great trade.
My goal is to make over 6% per trade and I killed it in one daytrade. If only I had doubled my position I would have made everything back from that JSDA trade. Maybe next time.
