Friday, 26 January 2018

Trading Review: 01-25-2018












Gross PnL: +$241.

Net PnL: +$206. $16 in borrows.

Was a bit all over the place on the open, had a crypto-trade I was executing. But quite happy because I reacted right and didn't force anything.
LTBR short was a bit of a shame, people were saying it was crowded; but I wasn't convinced (and would have taken it small if it weren't for aforementioned problems). Kept waiting for clean bounce to short, but was literally straight down. Am okay with missing it, for the sake of being patience for the stress-free trade.

Absolute best thing I did was take my first stop on CAT. I didn't even want to take it, and was perhaps a fraction too slow to get it in there. But it allowed me to crush the long on the bounce (which hindsight I didn't hold long enough; was a 4-5xATR move of course it will retrace a decent portion of that).

But the point is, taking the stop (which was a chunky one) allowed me to re-attack it in the appropriate spot.



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