Tuesday, 1 September 2015

Trading Review: 09-01-2015







Main Account: +$9777. Really interesting day. I was looking at the stocks available to trade, nothing really stood out, then I went through the oil setup (which could have been executed via oil etfs) but I decided that my time would be best spent trading futures instead of stocks given the size of oil edge I had. Obviously proved to be a good decision!
Really happy with execution overall, but it was another one of those days where my idea didn't work straight away and by chasing I ended up with poor prices. One of those tough judgement calls to make.

Another comment about UVXY is that the moment I tried to go full size and get risk tight I got stopped out, yet the idea still worked out. Was long around $81 and targeting $90, which worked, and there was a tight trendline that it had respected all day. Finally before it took off it made a lower low (but not lower high obviously). I would have been better off not trying to get size and trading around position, selling pops buying dips. Tough one!

Back Account: -$97. Was one of those days where my ideas didn't work in the bigger scheme of things, but managed to make money on an idea so pretty happy with execution.

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