Gross PnL: -$293.
Net PnL: -$315. $7 in borrow fees.
Tough day, definitely some mistakes and was perhaps a bit too antsy to get the trade on.
Took my stops, and was patient and avoided a stock that had significant range because I couldn't get risk under control. So solid day really.
Mistakes (bear in mind these are all small mistakes):
(1) Let myself draw-down too much too early. A sub-goal is to never hit max drawdown in the first hour, because then you can place afternoon trades with different mindset.
(2) I traded what I saw on GLYC, but I know the personality of the stock; and needed to incorporate that. Arguably it traded as it's personality suggests it should.
(3) Entered full size straight away.
(4) Kinda had the wrong mindset where I added to the winner long on GLYC - want to be prepared for that "fuck you" move, which is what it gave LOL.
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