Gross PnL: +$850.
Net PnL: +$780. $60 in borrows.
Odd day. 1/5 from 5 success rate, and I feel like my trades (except for DCAR explained below) were all reasonable.
Was kind of one of those days where the trades I took didn't work and the ones I didn't take did work.
Ran into a problem with DCAR, it was setting up for a nice scalp; but I had a few positions on and ran out of buying power (ACHV short tying up a lot - no margin on it). I also couldn't give it the attention it deserved. The distribution was obvious, but just not enough focus.
Good stops all day round today though. Thought about changing bias on WMT, which would have worked; but on a shit day decided to lock in the profitable day.
Risk-rewards all solid today; losses could have been slightly smaller, but more or less on point.
Finally, today was probably the first time in a long time I've got my sizing right on one of these microcaps. Usually I go a little too small, and then on the really good ones I go a little too big. Once everything was lining up on ACHV for an all-day fader I was conservative with my bids to cover, and they kept getting narrowly missed. Would have been a simple recycle of position. Probably a little lucky in a way that it actually did fade, but am happy that I kept to plan.
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