How I Am Trading PBR and PBMD Tomorrow (with pictures)

LET THIS JUST BE A WARNING THAT I AM NOT RESPONSIBLE IF YOU LOSE ON THESE STOCKS. Do not trade it if you can't handle the craziness that is these stocks.

I thought I would make this post to make up for my recent shitposts.

How I traded them today: I didn't...... Literally I didn't even bother to get a position, I figured they would have both done this. I am just super short bias and didn't go long on the dips. To anyone that says "oh yeah I am sure you blew your account up" (you know who you are ;), here you go: http://ift.tt/1AgawbV. I didn't trade today. I thought I would make this post just to save anyone money or a lot of headache.

Tomorrow on PBR and PBMD I highly suggest to not short. Even some of the best traders lose. Let this be a warning to shorts:

Tim Grittanis Loss: http://ift.tt/1R56jvH

InvestorsLives loss: http://ift.tt/1AgawbX

Nikkorico's Loss (biggest I've seen): https://twitter.com/Nikkorico_/status/601147333955325953

Now if you REALLY wanted to short then here is how I would plan going through it:

I only considered getting a position at the beginning of the day. I thought better of it and decided to wait for a lower high once it holds. Here was my thought process: http://ift.tt/1R56hUI. Normally I would have gotten a position but I knew this thing was already squeezing a lot and didn't want to get caught up in it. I guess when it broke I should have gotten long but never mind that. ISR was similar: http://ift.tt/1Agaxwv. You can see how safe I am playing these stocks, tomorrow will be no different. I normally do not play it this safe but when stocks have the ability to squeeze over 100% I am not going to risk it. It is better to not trade then to trade and lose. Tomorrow will be the exact same, play them safe or lose a ton your choice. Also you need to respect you risk/reward (mental stoploss) and cover your position. There is no reason to blow your account up on 1 stupid trade.

How to long them:

Might I add that this is a bit safer then shorting but still carries a lot of risks (obviously). When a stock turns trend, it can literally drop 50 cents in 10 seconds. Let this be a warning. Also might I add that both stocks have RAN OVER 100% IN A DAY. This is, in my opinion, the most effective way of trading stocks like these while going long: http://ift.tt/1R56jvJ. Here is what I suggest not doing (if you are going long: http://ift.tt/1AgawbZ. I wouldn't get in right off the bat (in the morning). Instead I would wait for any dips to form and get long on them with a good set risk/reward.

Good luck, if I had any general tips I would say don't trade too many shares to avoid stress.

Submitted May 20, 2015 at 07:17PM by Badbaseball http://ift.tt/1R56jvP