Had a bad start, was under $40 during the morning because of bad trades in JCP and ABB.
Shorted JCP at 49.32, still went up to make new highs, fortunately I cut it early at 49.72. Unfortunately, it reversed course after hitting 50.55, I didn’t short it. As you can see, it filled the gap eventually. Heartbreaker.
A good thing that I caught MO and rode it to a $40 gain which wiped out all my losses for the day.
Not much fading opportunities today, I had to struggle my way to $50.