Tuesday, 15 November 2016
Trading Review: 11-14-2016
Gross PnL: -$7105.
Net PnL: -$7587.
Really weird day. I had 3 conviction trades that I had size on all stop me out. I took the stops at the appropriate places; and really the only mistake was having too much size on.
I had a little too much on DRYS short early, but only marginally too much. It really just wasn't my day.
Additionally; if I hadn't been disciplined and taken my stops I would have guaranteed blown up. I was short DRYS around $16, and stopped around mid 17s, and it closed the day at $44.
So despite loss being sooo much bigger than I would like - I honestly can't complain too much. To avoid the blowup scenario; where you would have blown up with any size - and at a time when I am having trouble with stubbornness is pretty good!
Side note: CRBP I was stopped at the high before a big unwind.
But yeah overall pretty disappointing. I'm meant to be focusing on the grind, not trying to crush a few setups. Nothing wrong with trying to do one, but three?
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