On real account today was +378 on swing trades, and +$475 on intraday trades. That oil say -pnl because of some muckup between the time it reset and the time the trade was taken. It was an intraday trade and the realised PnL is how much I made on it.
CRIS: Covered my CRIS position which I had size in because I didn't like the way it was holding and then it faded into the close and they announced after-hours that they were doing an offering, so that's a shame... But I want a clean slate when I go back to full time on the real account, and the position size was a little large for my new grinding low risk attitude.
PSTR: This damn thing is so illiquid I was actually bidding to close it most of the day, but oh well unlikely to move enough to annoy me on my fresh start tomorrow.
CL: Simply bought the breakdown to support level once support was confirmed. Level was $48.80 and once it washed and then confirmed it was good to go! Great trade!
It went about 2R further than profit target but I'm trying to grind and get consistency, so that's fine.
Demo Account for Active Intraday Trading: +$459. Great day. Disciplined and small losses; additionally I was unlucky with some entries on things like MU which would have contributed another +300ish. Only mistake was chasing EYES too early because I was too biased. Could have had a much much larger position on this (with lower risk) if I had played it correctly. Similar with NDRM. There was a tonne of opportunity out there today, and I missed a lot of it, so I have added to the list of things I would like to correct about my trading "better scanning for stocks throughout the day".
CYBR: This was my number one idea coming into today. Was looking for a bounce, ideally with a wash first, then a grind up reclaim vwap, which would have allowed me to pyramid into position. Unfortunately it just went straight up. However, I did a great job of adjusting, bidding for some with a stop below the low and getting good R returns. This didn't allow me to build decent size in it though.
NDRM: $12.75ish was the level to break.So when the first push failed I was nearly stopped out on my chasing entry. Was plenty of time for this one, no rush with entry. This is a sign of lack of patience, overtrading, discipline so need to get rid of this habit of chasing. In the end got a reasonable R multiple for it.
EYES: Chased entry for 500 shares (quite large but I really liked the setup), staying within the triangle it pulled back 10c (where my entry should have been saving me $50!) and then was over/under the line in the sand. Basically I was impatient with entry. There was plenty of time to get in the trade, so I should have been 200 chase, 200 add lower, 200 add on trendline break. Take a little profit into high, add back, add on breakout, and this would have been a massive play. I was playing this in a back account for a swing which probably changed my priorities a little bit, but that's the general jist of how it should have been played.
This sort of reminds me of the philosophy I have developed about how to get the best entry you need to buy when it's fiddling with your line in the sand making you nervous.
I had an initial trade on EYES in the opening madness, which was stopped out (right before I could manage it), and resulted in a loss over $100. Funny how irrelevant that seems when you have good R multiples.
HD: This was a silly trade attempting to join the trend near the bottom despite moving beyond it's ATR. I should have kept it on radar though for the grind back above vwap.
MU: This thing reminds me of CTB yesterday. I went long looking for the over vwap push with a tight stop. CTB yesterday the thesis worked out but the tight stop punished me by a retest of the lows. This MU just wicked me out then regained. I tried to revisit but it missed my big. I was bidding quite large.
MNST: Got some really nice entries on this on a wick down. I should have managed straight away. I definitely could have traded it better, the daily is so bullish so it's a little ridiculous to be stopped at the afternoon low, rather than rinsing and repeating, allowing price to be relatively confined by ATR.
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