Intraday Trading: +$228. First day trading really really small looking only to make $200 and then withdraw it. For the first day can't really complain too much; after all I met the goal and traded pretty solidly all over.
However, there were a bunch of things that need to pay attention to because they really let me down. The trades I did on the open were SHAK, FB, SGYP, RJET, and FB. Firstly, notice the accuracy of those trades. However, secondly and more importantly every single one of these trades were minimised. Each one had the potential to make me the $200 required for the day without any increased risk - all enormous movers and I was pretty onto it with direction.
Positives for the day:
(1) Incredible reads and trading on the open.
(2) Really solid low risk trades. Started in with 50 shares most of the time and worked around the position.
Negatives:
(1) Obviously something wasn't quite working after the open. Managed to keep losses small despite stepping in front of big up move in NFLX. I thin less price action trading after the open and more buying support shorting resistance type trading.
(2) Was a bit goal orientated on ITEK and covered at target for the day. It was a solid trade, but just a little focused on the $200.
Goals for tomorrow:
(1) Keep up the impressive, small position low risk, no worries missing a trade attitude. Really good stuff!
Back Account: +$62. Really disappointing. RJET was a high conviction short and should have been held until the end of the day but got impatient. Missed 20c on 600 shares. No biggie; except why would I cover a high conviction trade early, doesn't really make sense.
Also entry wasn't quite good enough.
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