Main Account: -$1093. Too far over max drawdown. Given that when I was down $500 I was in two stocks with big range at max size (NUGT and VRX) it makes sense that hitting the stops would cause me to go over the max drawdown.
Mistakes for today:
(1) Not taking things easier once easily up for the day.
(2) Not adjusting to consistency of VRX downtrend appropriately. Kept trying the long, long after it was obvious it was closing at the lows.
(3) "Target trading". Once I erased the profit I thought "oh I'll just get one good trade done and finish up for the day". There's nothing wrong with that sort of thinking, provided the trade idea is a good one and executed well. I went full size immediately, and as a result got burned. One example of his was when I shorted VRX around $37, stopped at $38 right before the eventual rollover. A proper managed, "good trade", would have nailed that rollover.
May not have been stubbornness, but the tilted type trading of today is very similar.
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