Thursday, 25 August 2016

Trading Review: 08-24-2016























Gross PnL: +$5269.

Net PnL: +$4840. $314 on borrows and $115 on brokerage.

Preparation: 8/10
Patience: 8/10
Risk-Reward: 7/10
Discipline: 7/10
Flexibility: 7/10
Greed: 8/10
Over-trading: 8/10

Pretty crazy day. So much opportunity! And I probably still under-traded it!

First day I have traded the lower priced stocks on the short side, and although borrows were really expensive it was great! This is on AMDA and URRE, and I could have shorted XCOM after I longed it for decent profit. A real high probability, grinding type setup. Borrows as a proportion of price, but it's worth it for the high probability.

Will avoid REN from now on, unless a big parabolic/overextension to upside. Too late to long it, and more downside is probably confirmation, but I haven't had any luck chasing anything on this stock. Bit late to this realisation.

Note: I caught a double on XCOM (smaller priced stock breakout), and LEI was a classic short that I usually make lots of money on.








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