Gross PnL: -$2151.
Net PnL: -$3310. $320 in borrows, note the massive commissions as well.
First time in a long time I have been completed tilted. Recognising it earlier (and acting upon it, not always easy) would have saved me a tonne. So what happened?
To start the day I took a pretty chunky loss on short PIXY (-3000). But I was extremely happy that I took the loss (despite it being big, and bigger than I had meant), so I took a few moments to recollect myself and gave myself $500 more to trade with.
There was one moment when I ended up oversized while I was trading it back, but I immediately corrected this. So overall it was great trading, and I was extremely happy that I had re-entered the "flow zone". At this stage I had traded back all of the loss, and was roughly flat on the day.
Then came along TNTR, which was a great setup. I did a tad too much size; crushing each respective scalp move. After capturing the first three waves I was up roughly just under 2k, so a pretty sick comeback.
Like I say, I had been doing a fraction too much size on TNTR; so I believe this is where the tilt originated from. After capturing the first three waves I noted that my edge had probably diminished as it became less clear. For whatever reason I then took the next trade with double the original size. This led to a crazy moment of about 8-10 trades over half an hour of hitting the market with that double size, where I hit it; took the loss, rinse and repeat - pure emotional trading. There was a few moments when I wondered wtf I was doing, but was held in the tilt stage by the fact that I had just been up $2k on TNTR, and was now down.
Weird stuff...
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