Tuesday, 22 August 2017

Trading Review: 08-21-2017












Gross PnL: -$261.

Net PnL: -$328. $33 in borrows.

So today is kinda how last Friday should have gone. Yes poorly executed, and pretty decent sized loss, but took stops and ended day roughly around max drawdown.

Execution mistakes today were:
(1) Entering full size straight away ARCI.
(2) Not being more aggressive to take profits, and therefore recycle. The risk-reward on the trades I made was only acceptable with some recycles.

JMEI - Good grinder trade, didn't have a super strong bias so not reason to push it; and never got filled with too much size.

RTNB - Well executed, only slight mistake was not being a little less greedy with cover; and then putting it back on.

ARCI - Good stop in the end. However shouldn't have been stopped on the first trade. I had a strong bias (which I stand by); and definitely should have been ensuring I was in the position to recycle.



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