Wednesday, 5 July 2017

Trading Review: 07-05-2017










Gross PnL: -$293.

Net PnL: -$375. $21 in borrows.

Really happy with the stops I took. But execution of trades was pretty poor, not following my methodology at all.

To sum up: Putting too much significance on the first few minutes, and then accordingly not following my methodology.

In particular the first stop on CLSN where I would have been covering into the lows and nailed it for a nice trade, instead of stopping just above the high (where all it gave was a dirty fakeout).
Even on MSDI it gave a nice pull-in from about 1.80 to 1.60ish before eventually breaking out. Yes I still would have been stopped. But I would have been in a better position, then eventually nailed the top.

Definitely feels like I have pulled in some good lessons from past few days so am quite happy about that.



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