Sunday, 17 July 2016
Trading Review: 07-15-2016
Gross PnL: +$278.
After Commissions: +$230.
I was really happy with this day. The short SPU trade could have easily been a blow-up without the hard stop in. It's really nice to see cutting losses short paying off. Unfortunately I was away from computer, so there was no way to consider flipping long.
Eventually I tried to flip SPU long, and this turned out to be a good idea; but I had a bit of fomo with entry (I think), so it wasn't a perfect entry - and ended up taking the appropriate stop-loss.
I'm not super happy with my original KURA entry (directed somewhat by fomo and a bit of a chase, with bad risk-reward), but I'm really happy with how I managed the whole trade idea. Was focused on taking profits quickly and putting position back on. If trading from a larger account, would have been trading around a core rather than the full position, and it would have rewarded nicely.
SPU:
KURA:
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