Wednesday, 10 February 2016

Trading Review: 02-10-2016










Main Account: +$376. Bit of a quiet day by recent standards. Was up quite a lot early (again - am making a habit of this which I'm quite happy about). Literally got near bottom tick on TWX and AKAM and they had pretty monster rallies off the lows (TWX in particular). Unfortunately I never got any size on them (got 2/5s on AKAM and 1/5 on TWX), so was unable to hold a trailer.

TWX - My print was 55.62, 1/5th size, sold into $58, and it went straight to $60. Gave the short a go there, but ditched it when it didn't work. So clearly could have been a monster long... Oh well...

Was about about $600 and looking to close it down, limit risk, but continue trading. I then drew-down to +$360 (but I was being cautious). Reason I bring this up is because I think this drawdown is a little too high when you consider that I was trying not to take too much risk. As a result I ended up closing down before the afternoon session and locking in another good day.

There were some trades in the afternoon that I probably would have caught nicely. Short TWX would have been a good one, and range trading UVXY would have been solid wins. Need to find that balance to allow for slower afternoon trading.

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