Friday, 4 May 2018
Trading Review: 05-03-2018
Gross PnL: -$879.
Net PnL: -$1000. $33 in borrows.
Tried to start into IMTE for the next leg over yest highs, and it never came and losses were bigger than expected (purely a liquidity thing, which ironically is why I started in prior to break). Made some back on that big wash.
VVPR I caused the crack through vwap. Kinda nice in a way cause I was thinking about being stubborn. Something really good I did on VVPR was to try and buy 100 shares, or sell 100 shares to see how it would be absorbed.
Something I did poorly on VVPR was that I was managing to sell each pop, so I allowed it to drawdown pretty heavy on me. That is, despite being spot on with my read on the vwap wash - I had risk on above that because I kept getting the nice pop for sale.
Anyway another rough day. With fakeout on ESPR not helping the case.
For tomorrow, need to break this losing streak. So moment I am up more than $200, just take it. Small size, play it safe. Happy to sit on hands for ages to ensure a good trade is taken.
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