Tuesday, 30 January 2018

Trading Review: 01-30-2018

























Gross PnL: +$3017.

Net PnL: +$2939. $25 in borrows.

Pretty sick day really. Trade of the day by far goes to BABA. Easiest trade in a period of high volatility I have ever made.
Was looking to buy the wash on the big momo names, and got a little NFLX near the lows; then they all bounced pretty sharply except for BABA, which lagged for long enough for me to buy a reasonable position. It was pretty weird to be completely honest.

DPS - sign of my really nice mindset today, nearly flipped it long on the first breakout; but opted not to which was probably the right decision. Either way happily changing bias like that; I am very happy about it.

IMMY - I had planned to size in quite a bit, it was obvious it was a dead piece of shit, and not particularly low float. I got a tad more aggressive than ideal. In particular the adds on vwap pop near the lows.
Was one of those ones that each new high gets sold, so if done correctly I could have actually smashed each pop; and covered risk quite nicely.
Like I say, just a tad aggressive.






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