Thursday, 30 April 2015
Trading Review: 04-29-2015
Intraday Trading: +$3875.Finally the range broke on oil and managed to capture the entire move with size responsibly (trading in and out accordingly). Really happy with this... The other thing I'm really happy with is that I had anticipated it to break the range to the bottom, and while my bias was wrong I still managed to trade it perfectly! Great stuff!
One mistake was that I wanted to be out of the position by the fed speaking at 2pm, so I should have started offering out a little more aggressively prior to the meeting (in the last hour).
Swing Trades: -$262. Finally closed this position, wasn't an amazing trade, and with oil making a move could run again.
Back Account: -$3152. Was plenty of opportunity, when I look at my sheet there were a bunch of trades that worked out but missed the setup. Part of the reason for this is being in VALE around the open (which is fine), and the other reason is because the internet dropped out about 9:45 and had issues re-establishing which was frustrating (had mobile phone data on, but it wasn't quite that simple). This got me on edge a little bit, so the loss of LL should have been less (maybe even profit as met first target) but was a chase... And VLTC simply wasn't a trade.
It is interesting to look at the statement like this because I wasn't aware that VLTC made up such a large portion of the losses for today.
Goals for tomorrow: No impulsive trades, let the entry come to me... Don't want to get back into bad habits. Also need to focus on sizing in a bit better.
No charts for today - running a little late.
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