Tuesday, 2 June 2015
Trading Review: 06-02-2015
Main Account (Intraday): +$205.
Main Account (Swing): +$186.
Back Account: -$1285.
Another disappointing day. The setups were there in general but didn't really get them in a solid fashion. Again too much chasing (reacting too much to really short term price action), overtrading (by which I mean a lack of conviction) and a lack of confidence in putting positions on (waiting for "confirmation" but just ending up chasing).
I was a lot better with controlled losses etc though.
Was thinking about it, based on the too much chasing and the lack of confidence putting positions on... I think a possible solution to getting the confidence back is to only short at resistance and long at support. Instead of trying to look for confirmation and getting tricky about it.
Back account is now quite low which suits me fine because it will ensure I keep size down.
EKSO: Really one of the only solid trades for the day. Took it with the main account because back account didn't have access to otcs. Just a typical fraud report combined with OTC bounce play. Nailed the bottom, was faked out of last 1/3 of position before the move but that's okay. Possibly could have considered rebuying.
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