Friday, 6 April 2018

Trading Review: 04-05-2018






















Gross PnL: +$1553.

Net PnL: +$1304. $159 in borrows.

Pretty crazy day, and some very solid trading across the board (slipped up fractionally towards the end as mentioned). Started out quiet and a tonne of things popped up - hence the huge cost in borrows.

DLPN - Did a solid job of trading both sides. Wanted to borrow twice as much (which was prob a little greedy), but did a really nice job of trading both sides. Was very small on the long side as well, but it paid off.

LFIN - Reason I started in short so early was because of the price action from the previous day. I knew that when it went down, went pretty quick - so decided to position into strength and try cover risk. Considering how early I was I did a pretty good job.
But at the same time, I was looking at it like: "I would be making money trading this on the long side". Just food for thought.
This stock really fucked me on the short side though, missed covered by 1c twice (before big bounce/rally); and accidentally stopped out of 300 shares instead of 500 (no idea how I fucked that up - this gave back roughly $1000).
Traded the washout on the long a tad more aggressively than I should have (borderline revenge trade, but not really).

SNOA - Just standard grinder type, never really gave much.

SPOT - Excellent stop, although unfortunate. Incredible risk-reward, so would take this trade over and over.





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