Main Account: +$1258.
Really really solid day. Am now positive for the month despite a pretty tough streak of neutral days and some bad trading. Control the losses and the winners will take care of themselves!
Aside from the Pnl probably the biggest thing I'm happy with is that I never really took any substantial risk. My largest position was in TWOU and that was never at risk of being a loser. And the largest/riskiest position was in VMW where I was risking around $100 to my stop-loss (to be fair, the trade setup wasn't the greatest though so this was too big). Did a good job of trading VMW around a core though because my trade didn't actually work.
The other big position was NUGT, where I took a position risking around $120, sold 1/3 into original pop, then doubled up on a dip, so I drew-down a total of about $150 on the trade. But it was a nice setup with good potential, and I had already locked in quite a bit for the day when I put on this trade.
TANH was nearly a monster trade, but a flush low was my bid where I was bidding to get size. Very frustrating.
Current goal is to just string together a couple of low risk positive days. This will be done by focusing on keeping size small and focusing on getting a good low risk entry.
No comments:
Post a Comment