Sunday, 12 November 2017
Trading Review: 11-10-2017
Gross PnL: +$759.
Net PnL: +$~680ish. $38 in borrows.
Terrible day, not as bad as recent blowup day; but still very nasty.
Hadn't intended to trade today as was driving, but I got home right before the market open and the TOPS short was literally free money (clean, defined risk, and high probability of success). So I wasn't going to say no to that.
The problem was, I wasn't mentally prepared to trade; hadn't done review from prior day, and was just generally not quite up to the elite performance required. Didn't fill out a single trade plan sheet for the day.
Then some movers started to show up. These movers were super clean, and if in right mindset I would have crushed them, made more money than I did today (with smaller size). So I traded them, bit too much size, bit too slack with stops, bit too slack with entries. All as a result of poor mindset and lack of planning.
Good wake up call (even though I got away with it).
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