Tuesday, 11 October 2016

Weekly Review: 10-09-2016

Net PnL: +$394.

Bit of a disappointing week, especially coming off such a good month last month. Also missed one day trading due to waiting for funds to clear.

Highlights:

Monday: Probably an unavoidable losing day. However, it would have been 10x better if I had taken my stop-loss. I would estimate in the $0-negative $2000.
Best takeaway here is TAKE stop-losses when they rip in your face!

Tuesday: Pretty much perfect. Best takeaway is that if a stock is gapping down and have high conviction then need to be prepared to get a starter at unfavourable prices (but only a starter).

Wednesday: Pretty happy with this day. It wasn't the easiest of days. Good example of how I am slowly generating the ability to trade all day without fault. Some good midday trades this day.

Thursday: After a nasty trade need to take a moment before placing the next trade! A good day that turned neutral as a result of one tilted trade, resulting from a bad trade. Do not want to compound mistakes like this!

Overall:
Coming off such a big month was expecting to have a "humbling" week at some point. This is definitely a good week as far as forcing me to slow down.

Will do a general post on how I'm currently going, and goals for end of the year etc.

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