Main Account: +$349. Was done super quick in the day. But I'm not actually convinced I traded very well.
Firstly, RLYP was an incredible trade and would have paid off very handsomely if I hadn't had to pull out for meeting my target for the day.
Conveniently UVXY peaked exactly where I sold it all. Had the complete wrong bias on it all day, and was roughly saved by having the target. Due to the faults (below) I probably would have lost a reasonable amount.
But the faults were:
(1) Sizing in too quickly. Just because something has popped up doesn't mean stop-loss can be trailed, which is of course the ideal time to size up. Also, a higher low/lower low occurs on a higher time-frame, not a wee m1 oscillation.
(2) Also in general just being too focused on size. My guidelines are most of the time to remain 2/5s of a position size, not max size. Hitting target so quickly is indicative of maxing out size too much.
(3) Not being picky enough with prices. Definitely didn't have a good enough average on either of these trades. RLYP I had a somewhat better average though.
Back Account: +$88. Mental note that the commission was doubled on each side of the trade, so need to look into that...
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