Gross PnL: +$1159.
Net PnL: +$910. $210 in borrows.
Made one big mistake today that nearly cost me. Shorted a boatload of HEAR at the lows, for some stupid reason. The epitome of what usually gets me into trouble. So naturally pretty annoyed about this - completely avoidable, and would have been a solid trade if I hadn't fucked it up. Think to some extent it was frustration from not having borrows recently.
As I detailed in the post recently about things that get me into trouble: (1) Shorting at the lows; (2) Going full size immediately. Fixing either of these probably would have made the world of difference in the trade.
Anyway took the day easy while I waited for HEAR to resolve itself (either by big stop, or recovery). It would have been an amazing day, there was some insane distribution that I read correctly, but that's all good. Focus is always on managing drawdowns and managing my psychology first.
Anyway towards the end of the day was starting to get a bit extended on the market, and even more so on some of the beaten names. Now on trend days you have to be careful fading, so I played it very cautiously. Then there was a spot where the beaten down names held the lows, while the market had a relatively substantial flush lower - that was the spot to pull the trigger and nailed it.
Very solid trading, and great patience/execution.
They obviously continued, but given the day I had wise to take it and run - again, all about managing psychology.
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