Gross PnL: -$4329.
Net PnL: -$4590.
Preparation: 6/10
Patience: 4/10
Risk-Reward: 7/10
Discipline: 4/10
Flexibility: 4/10
Greed: 4/10
Over-trading: 6/10
5/10 psych rating. Notes: Getting ripped on NVFY but prepared to hit it according to plan.
Sooo the above isn't quite true - it's because I missed taking my stop that I had to adjust my plan.
NTNX should provide some decent opportunity over the coming days, definitely under traded it. Opening wash to support was clean, midday parabolic was clean, vwap bounce late day was clean.
Lost money short NVFY, then it literally dropped the moment I put in my long orders, then lost money on the short side again. I think the long side was completely avoidable - purely because I didn't give it quite enough time. So there's +$830 to pnl.
So I didn't take a stop that I had planned to on NVFY short. At first glance it may appear that being stubborn would have rewarded me. In reality the play was to take the stop, then re-establish the position.
Overall, I think trading "correctly" I would have still lost money today, but it would have been in the range of $0 to -$2000, and I would have kept trading throughout the day and potentially nailed a few more moves on other things to fight for a profitable day.
Having just done my monthly review, today was by far more difficult than any days last month.
But really got to get this stop thing in order - will go through it in "improvement post".
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