Tuesday, 8 August 2017
Trading Review: 08-07-2017
Gross PnL: +$112.
Net PnL: +$40ish. $28 in borrows.
Grinder style short on CLNT - which I narrowly missed a lot better entry on. Was very happy with my patience on this though. With the super low float being cautious was definitely the right idea.
XXII. I can't make up my mind on this. Had two trades, one winner, one loser. Overall the idea "worked" and if it weren't for my tape read entry on first trade I would have only had one winning trade on it.
So there was a 200k bidder on it on the open. Printed a few, had a decent bounce, printed some more, smaller bounce, then started getting taken for them all. That's when I entered, stop at high. I definitely stand by my read; question is should I have stopped when it got back over (didn't immediately melt down); or should I have stuck with original plan and ignored the clean tape read.
Am not sure, and to be honest no idea what the right answer is, but worth pondering about.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment