Thursday, 15 February 2018

Trading Review: 02-14-2018
















Gross PnL: +$8906.

Net PnL: +$8746. $66 in borrows.

Had conviction on FOSL and held most of position for most of move. Am very impressed with my flexibility of thought - I nailed the trailing stop on it (didn't quite get as low as I wanted); and I was looking long.
Unfortunately I exhausted myself on the long prior to the clean break, thus sold into the spot where I should have been adding.
Caught myself "trading with a target" as I wanted to withdraw NZ$10,000. Annoyed about this as it led to sloppy trades; in particular SHOP but also to some extent the FOSL long (early). But I realised it early and cut it off.

Big problem with today, and I am very FUCKED off about it. Will copy what I said on chat about 30 minutes after entry as it nails my poor mindset. "sometimes my conviction of an idea ruins my execution - a normal stock i would have crushed this price action". Next time I have a conviction play I need to bear this in mind.

For tomorrow, and probably the coming days. Need to focus on resetting mindset. Don't want to find another conviction play, and another, which will lead to a completely destablised mentality. Back to the grind. The big winners will come.




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