Gross PnL: -$856.
After Commissions: -$944.
Preparation: 7/10
Patience: 5/10
Risk-Reward: 5/10
Discipline: 7/10
Flexbility: 3/10
Greed: 3/10
Over-trading: 2/10
As a very general jist today was sort of like death by 1000 cuts. No individual loss was massive, although the loss on SPU was a lot bigger than it should have been. I took my stop-losses, but over-traded immensely, and was more focused on trying to execute on trade ideas, rather than focusing on getting good risk-reward entries at levels. I believe this is because I missed the CSAL trend that I was ready for yesterday. PRTK illustrates this the best where it never really breached the $13.00 level that I had planned to get long against, and would have had many good scalps against the level. Instead I made quite a few losing trades trying to anticipate "minor" support zones, believing that it should trend higher.
Greed played quite a big role today, making me miss my exits that I should have taken. This played a role in making me miss my exit on SPU (would have been +200 ish on 500 shares instead of -300 on 1000 shares); and also on SGY where my planned exit would have more or less marked the top. Would have been a +300 trade instead of -160. I guess it could also be said, that I failed on flexibility today. If you consider that my adjustments weren't very good, and (in hindsight) emotional adjustments.
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