Main Account: +$228. Really hard day, made 10x harder by ZYNE - which was a complete slop.
Note that BTU options is just a wee trade and not including it in main account PnL. Have no reliable shorts to trade it actively, so just putting on this trade. Happy to get executed at $6. Will look to put on a couple of these as more liquid trash stocks run (like I should have left on a little SDRL that day). Key is to be really picky about them because I really only want one a week.
UVXY - Was a silly follow trade that I could have done without. This is mentioned in the trading journal for the day. Interesting to note that I realised it was a flat-out follow but didn't want to journal it straight away - waited a bit (stubbornness in journalling?)
ZYNE - What happened was I was looking for the starter short near the open and had my wide stop-loss in (as my rules dictate), then I added to the trade (not a huge add, but just increase from 1/5 to 2/5) and didn't adjust the hard stop-loss despite there being a clear spot for it (above the high of day). Didn't take it off manually when it got over either, was kinda given a false sense of security by the hard stop. There was an opportunity to stop manually at $13 then at $14, instead of stop at $15.
Probably the WORST thing I did on ZYNE today though was not rebuying it as it began to perk and gear up. Such an obvious trade from $14, and it went to a high of $21.50ish.
NUGT - I keep missing these leveraged ETFs when they have big opening drives down. Such a big move. If it had popped up first I would have been short full size from near the highs, but the opening drive lower they have when they are crushed I don't "chase" and miss the ultimate unwind. Need to refine my playbook to work out how to catch these moves because they aren't chases.
However, I did a good job of shorting pops (to resistance) tiny size. That being said, I could have been shorting pops full size.
DDD - Tried to hard to short opening trend which had continuation throughout the day. Was also a mismanagement of size. The first loss shouldn't have been as big.
Very important to note that at some point in the near future there will be a big trade where I deliberately break my rules (one that fits niche back account strategy type thing). I am only allowed to do this if I write about it in journal first and internalise it and get ready/prepare for it like that in advance.
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