Main Account: +$232.
Bit of an underperformance day. Key identifiable factors that led to the underperformance were:
(1) Overtrading VRX. Going in size a little quickly. Am referring to when I was trying to join uptrend because it was flagging (grinding lower type flag) at highs. The appropriate strategy was to buy support, rather than being overly sensitive to breakouts. This is because it wasn't a classic defined level breakout chart.
(2) Missing nabbing NUGT at the lows. It washed out hard right on open and I tried to place limit orders instead of crossing spread and immediately going full size. Easy $1-$2 pop and I would have been in a great position to trade it with my long bias for the rest of the day. Instead I ended up with a poor average and sized in a little early.
(3) M was a difficult trade early morning but was super clean mid-morning... Wasn't watching it (and more importantly, no alerts) could have been an easy $1 move on full size.
(4) PTCT got full size short in an excellently executed trade. Absolutely perfect addition of size etc. Fault lies in that I covered it all at the lows (which is fine), but then didn't re-establish on defined risk to join further downtrend. Went $3 below my covers. Easy hold for 1/3 of position.
Ironically the biggest loss of the day (MOMO) was actually a pretty solid trade... Narrowly missed covering size twice.. Which happens. Did stick with the trade idea a bit long though once it was grinding and the emotion was out of it.
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