Main Account: +$339. Another rough day. The positive to all these rough days is that they are occurring under a net positive day, whereas if I didn't have total size under control they may stem out of control.
Will go through each symbol and identify mistakes.
DV: Was a breaking news FTC investigation. Looking to join trend. A mistake I have been making with these plays was shorting weakness instead of strength (until the true breakdown), and then sizing up too quick (the half hour guide). I definitely did a better job this time around! But still wasn't a good enough average. Made the risk-reward quite horrible, and on full size...
Another mistake made on this was that I got greedy near the lows and didn't cover some. Ended up correcting mistake (at a worse price), and overall the greed factor wasn't too bad... But reality is that if I want to be patient on a trade I can't stay full size, have to be down to at least 1/3.
ETE: Was a silly chase on oil strength. Enough said.
VMW: Had the right bias coming into the market... Didn't catch any short on opening pop, which I definitely should have!
Then tried to short a breakdown, and didn't take the stop when it reversed.
ANFI: Good trade idea, just didn't work. Am okay with that.
BA: Incredible trading. Would almost say faultless trading. It went from 120 to 115 (August lows support) then back to 120. I was initially long against $119, but took the stop and actually reversed and then rode it down to 116ish, taking out partials along the way (not being greedy).
I then reversed into 115, was hoping to catch a flush of 115 and had orders in but it never happened. Unfortunately this meant that I missed getting long at 115, and ended up long at 115.60ish which wasn't really a good enough price. Accordingly I should have been aggressively trying to get out of some size, but I adjusted order higher (greed) and it would have been filled before testing 115 again.
Then when it got back up to 120 I got short against the high of day and rode it for a point of two. Great trading!
AAPL: Had the right bias on AAPL out of the open but never really capitalised. But I'm somewhat okay about how I traded it.
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