Main Account: +$295. Was a really rough day. For whatever reason I had a couple of losses early on (although I nailed NFLX) which caused me a little tilt. It was somewhat different to the other day of bad trading on ZFGN (because that was a badly managed parabolic trade), whereas this was just a couple of losses tilting me. This tilt caused me to prematurely size into trade, and to chase instead of being patient.
At the peak was down about $400. Really happy with the way I pulled it back though. For the most part I corrected the behaviour I recognised. As an exercise I went through and worked out exactly how much this tilt cost me. I was pretty generous with the figures, because can't assume perfect execution, so here are the costs:
NFLX -- More than $50.
ZFGN -- More than $30.
UVXY -- More than $140. In particular with UVXY it cost me quite a lot more than $140 because when I was stopping out my adds I also stopped out my starter position, which was initiated again at a worse price after the stop-out. So UVXY is probably more like a bit over $180ish.
So it cost a total of $220 minimum.
Another food for thought is that I need to stay consistent long enough so that a few losses in a row like today don't really get me too tilted.
Again left a tonne of money on the table. Was short max size on UVXY, and had I scaled out accordingly to plan I would have made another $200-$400... But as usual, that's okay!
Back Account: $0. Just making this reference because GBSN which I had intended to swing met target today, which would have been another $1000. All that being said, it wasn't quite within my niche, and it was a swing trade (I am currently specialising in day-trades). So I feel okay about it.
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