Intraday Trading: -$772. Really really annoyed about today for a couple of reasons. But first the positive was that I was quite patient overall. There was only really one slipup on DSKX where I didn't wait for the confirmation (which accounted for about $100 of the DSKX loss).
So today was one of those market down days so looked for stocks that gapped down that deserved a bounce. I had a bounce of ideas for this premarket and every single one worked. However, on the open I was mucking around with EURJPY so I only traded two setups with small size. Very annoying/disappointing. Should have crushed the open and made over $500. So this is one negative for today.
The other one seems to be a continuation of last weeks theme. Aside from the open I didn't have a whole lot of my trade ideas work. Now obviously a couple of trading sessions isn't enough to make a judgement on. But I may need to do some work on generating better trade ideas after the open.
And the other mistake was giving away too much on some individual stocks. Clearly had quite a bit of risk exposure on MCRB.
Swing Trades: +$907. Finally got the VIX move that I've been positioning for. Unfortunately was a little over hedged so only made a little bit. At the end of the week if all the options are exercised I will lock in $372 for the implementation of the strategy which obviously isn't enough (as I mentioned in another review it is more of an investment strategy but I am finishing off this campaign).
No comments:
Post a Comment