Gross PnL: -$199.
Net PnL: -$245. $14 in borrows.
Worth mentioning that I probably missed the low hanging fruit by not trading INPX, which I even paid $7 in borrows for. Just because it gapped down doesn't mean it won't setup after the morning.
So very rough day with 3 stops, and 4 scratches and 0 winners (I don't think CLNT counts). So it's not really surprising that today happened to be max drawdown. However...
(1) Two of my stops were bad trades. AFSI should have been half the size it was, and W wasn't really a trade at all (just a chase with fomo). $50 + 50(?) improvement.
(2) AAPL I didn't cover it all where I should have. Was a great reshort opportunity, and would have lowered risk. +$50.
(3) CLNT I had to wait for a position to move favourably to short this because was at max drawdown. Otherwise would have been short from higher. +$50.
(4) INPX. Low hanging fruit, most important and consistent money that can be obtained. +50.
(5) MAR. Good original trade, but hello... Offered a short and long consistent with methodology after original trade. +50
$50 is conservative for a lot of these... But there's $300 right there. All this being said can't fault the day too much. I stuck to process quite well, and can see improvement.
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