Friday, 20 April 2018

Trading Review: 04-19-2018

























Gross PnL: +$635.

Net PnL: +$514. $55 in borrows.

Really rough day, with plenty of volatility in my pnl. Up $500, down $800, grinded back to +$500. Additionally lost short INCY, then lost long INCY, then was perfectly happy to take the trade to short it - very solid psychologically. Very happy with how I maintained my solid psychology. Although there were a few losses bigger than ideal (mistakes); was very solid in terms of always having an exit plan.
I believe today's success is a result of having built up mental capital over the last few weeks. By generating solid consistency the past few days, and appropriately sizing my bigger trades (to a size I can comfortably handle) I built up huge mental capital.
Worth mentioning here, that I'm not defining success by a profitable day. Just that I traded solidly all day, in the face of extremely annoying chop.






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