VMRI Trade on Jun 30, 2016 09:33 from Louie: Tradervue User Stock Trades.

General Comment/s:
-This OTC stock is just being annihilated on level2. I was annoyed that I didn't short it at the open and just held it longer. Reminded me of my super long swing trade on VOIL.
-So chased this short entry thinking it will just go down.
-Part of the plan was to swing this and will cover when its at the sub zeros

Plan: (Swing SS)
Setup:

SL: 1.4 PCL (Needs to hold it and go higher, if it does im cutting this)

PT: Swing until it reaches sub zero

Final thoughts:
-Part of my conviction that this has more to go down is that there was a big buyer at 1.2 but he was taken out (all printed on T/S)

Final thoughts:

Trade 2
General Comment/s:
-The green dot you see in the chart is my cover from yesterday's SS from 1.2, the red dot is my SS today and will be commenting on.
-this is one tricky play. At the open the stock just rallied up to 30% intraday. It did nothing but ate the offers. Late in the afternoon, it made bearish moves until it squeezed short chasers up to 1.6 (former R) then it started to dump from 1.6 to 1.3.
-I was annoyed as I was watching this all day and I wasnt part of the move. So when the stock just kept going down hitting all the former supports that it held earlier today, I chased it at 1.3 thinking this have more room to go. BAD!
-Holding this position over the long weekend wasn't part of the plan but I unintentionally did as I didnt notice the time.

Plan: (SS)

Setup: OTC DUMP

SL: 1.4

PT: more wash near low 1's

Final thoughts:

-bad entry. on a bad trading tilt.