Monday, 20 November 2017

Trading Review: 11-16-2017 - 11-17-2017








Net PnL: -$956.

Two days here. Complete fuck-up again.

So what happened?

I had borrowed 1000 shares of CADC as a precaution because I knew they would run out; and if I wanted to add to a winner in the afternoon I planned to use them (had planned for this to be an all day short). Instead I shorted the bounce with the full 1000 shares where I could see I could reliably place a stop. Only problem was the platform lagged while trying to place my stop, so it was a lot higher when I got it in...
Thing is, I can't blame the platform because I only planned to use a maximum of 500 shares until the trade was cleanly in the money (as I mentioned planned to add in the afternoon if possible).

Days like these are the ones that make me realise I'm still nowhere there yet, if I can't control a small impulse to diverge from my plan.


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