Main Account Intraday: +$763. Really solid day. There were two slipups, one of which was impulsive and one was me not being quick enough to react to the tape (NUGN). But overall really solid figures and a good day trading.
Focus is on taking profits really quickly and really active management to promote consistency and avoid home run mentality.
PTBI: Only got execution on 200 out of the 500 shares I wanted short but good trade. Covered too early, but after management I only had 100 shares so it didn't seem worth the mental capital to hold.
NUGN: A shame I was bought in on my short two days ago, but that's just the way it is. In terms of a pump dumping this wasn't the cleanest thing in the world, you can see the multiple waves down, instead of just one straight massive wave down.
Plan was to look for the bounce in the 2s. Anything over 2 I considered it hadn't dumped enough to warrant a good bounce. So I nailed it and ended up with a 2.95 average and managed quickly as plan. But then I tried to size back in for a bigger bounce (the 50% retracement you normally see) and I basically put too much size on and was too slow (biased perhaps) while reading the tape to get an exit before it cracked and so I couldn't get an execution to cut my losses.
Ended up nailing the bounce from 2.60 but of course I was already in so couldn't do anything about it. Sold all into pop and recouped losses.
ANTH: This was the other mistake. Had a plan for it on the open which was to accumulate anywhere I could from 7.40-7.60 but the gap up ruined that idea.
So I chased it a bit when it was holding above yesterdays high ($7.60) chased at 7.70. Reality is that I should have been long from 7.60s and adding lower, risk on 7.50. Was just trying to get too cute.
Of course the idea worked out in the end.
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