Trading Review: 03-26-2018

Gross PnL: +$1732.

Net PnL: +$1613. $13 in borrows.

Crazy day! There were a few mistakes, most minor (and one relatively big mistake). But overall an extremely good day; where the price action was difficult. But the volatility was there to capitalise.

Dream situation today was that the market would gap down; get long, add to winner. Hold for all day up move - would have been a 5k+ day even in my current crippled state. So the gap up in the market really screwed that up, and made it a lot more difficult.

I had a go at getting long, after the gap seemed to stabilise; and was down roughly $700 over a couple of pretty solidly executed trades. Was a bit annoyed that I had lost $700 - as I really can't afford to lose that. But was extremely happy with some of the stops I had taken, in particular FB, but also AAPL. Overall execution was very solid, and the $700 was just a function of the range that I was trading.
Did a great job of flipping bias to short side; in particular the breaking news play on SHOP - which I haven't executed one of those correctly for yonks.
Was slow to flip back from short bias to long bias; BUT did manage to catch the upside on SHOP in a relatively big way.

Big mistake of the day was trying to anticipate the vwap reclaim on SHOP. As per usual, with anticipation came a difficultly in placing stop (either wide or tight); and I added too much size (to the point where I was down what I was up on the day). Scratched it all off when it gave the opportunity; so quite happy with recognising the problem I was in. But obviously not happy with getting into it in the first place - terrible stuff.