Sunday, 9 April 2017
Trading Review: 04-07-2017
Gross PnL: -$66.
Net PnL: -$119. $19 of borrow fees.
Disciplined day count: 9. Nearly lost discipline on a dumb AKTX trade at the end of the day, so super happy I kept discipline today.
Again, big struggle with patience/entries today. In particular it ruined the HTGM trade which was one my best ideas. Gain, this is because it was one of my best ideas that I got too biased and ruined the trade.
Giving away far too much money this way. Not only does it cost in terms of getting stopped out, missing the additional profit is bad as well. HTGM would have been one trade for +$70, instead of three trades -35, -25, +50. Big difference.
Also on open I traded the CLNT b/o poorly with entry too high, and therefore stop-loss too wide. Same problem as HTGM. This problem is fast becoming a bigger one.
Note: On AKTX I realised I had messed up by fading a late day move, so I tried to cover... The bastards hit me for 3 shares, then it printed lower (because my order was off the books); then almost immediately rallied hard. Did a great job psychologically stopping out on a wide spread, although I nearly didn't.
Another note: On TSLA I was a little slow to sell on the failed breakout. But it's probably no big deal. Very marginal.
Another note: RTN was a good trade, but again one that would be a lot better trade if entry was slightly better.
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