I had a terrible month of day trading this October. After hitting an all-time high in my HTB account in early October, I may have become overconfident. I broke a rule on October 11 by shorting a China-based company, True Wealth Group (TWG), which resulted in an outsized loss. I typically do not short stocks of China-based companies as the price manipulation can be extreme.

This TWG loss was followed by a staggering loss in DRUG (which went up 2,000% … in a day), another outsized loss in NUZE, and a final large loss in MNPR. I’ve attached charts of each of the mentioned stocks to show what the intraday price action was like on those days that I took the losses.

On the positive side, I don’t consider any of these losses to be the result of “tilting,” which means losing emotional control and pulling stops or adding to losers in a panic. These were all correctly-sized bets which triggered hard stops when hit, though the slippage while market-exiting a couple of the positions was very large, but not unexpected.

I’m hoping I do better in November.