Gross PnL: +$116.
After Commissions: +$103. Provided liquidity on all trades today and the difference was notable.
No real notable trades today. Both were small time scalps, although both far exceeded my target expectations. That doesn't change that fact that I was probably right to take profit quickly, none of them were A+ trades.
MGT looks good in hindsight when you look at the chart, but I wasn't super happy about the trade, felt that it was somewhat of a chase. This is part of the reason for not pushing the boundaries on the profit target, which I am happy enough with. Yesterday I made a similar mistake with VBLT, which was not having the offer (to short) in on the open, when I had planned to chase it a little lower. In this case on MGT I didn't make this mistake, but my bid (for the long) was narrowly missed.
VBLT, identical trade to yesterday, again just a small time scalp - where I got filled at the high. One note on VBLT is that I had a little more room to be greedy because I got filled at the high. yesterday when I adjusted my expectations as a result of the poor entry, it was the correct thing to do. Today I got the good entry, so should have kept expectations somewhat high - the trade literally never gave me any trouble.
Preparation: 7/10
Patience: 7/10
Risk-reward: 5/10 (this will likely continue to stay poor while I do small time scalps).
Discipline: 7/10
Flexibility: 6/10
Greed: 8/10
Over-trading: 8/10 (this would be a 9, but not so sure about the MGT trade, perhaps a bit impulsive).
MGT:
VBLT:
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