Tuesday, 10 April 2018

Trading Review: 04-10-2018



















Gross PnL: +$1103.

Net PnL: +$987. $70 in borrows.

Kind of a weird day, almost every stock was a little weird. I erred on the side of caution on the bigger stocks, which caused me to miss NVDA - but stopped me from fighting TSLA too hard. So probably a good result, and quite happy with my mentality.

CLVS - Was just a bit too aggressive, I should have been more cautious while price wasn't confirming idea. Could have easily traded around position, and maintained a good average price by shorting into that short squeeze spike (which I had anticipated). Instead was too aggressive prior to it, and was considering stopping into it.

HEAR - Bit of a gimme, bit illiquid so scared me a little. Probably should have been fractionally more aggressive; but all good.

KONE - Perfect scalps on the long side. Would have been even bigger, but at one point (circled) I ended up bigger than I should have been, with a poorer average than I want. So I sized down quickly.
Other thing about KONE is that I was trading it on the long side, along with the pumpy chat-room. I didn't like this as in theory it made it crowded. But I trusted my read on the stock, and used the pumps to offload, and the exits to get a good entry.
One thing I nearly forgot to mention, KONE was a picture perfect example of when struggling to get fills it probably goes higher. I had plenty of bids out, and they literally almost always narrowly missed. I adjusted perfectly and was fractionally more aggressive.

NVDA/TSLA - Solid trading given I felt like I didn't have a strong edge. Played on the cautious side.







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