What…A…Day…sheewwwww. Coming off of the red day ( completely my fault for walking away from the trading desk at the wrong time ) I decided to stick to the same names that I had some positions in. I swung a heap of $NIO over thinking that we would get a gap down and I also swung just a little little bit of $WKHS for the same reason since I took shots on it I wanted to spread the risk out based on the close.
WKHS
I had the absolutely RIGHT plan for $WKHS on plan, but I executed like a complete newbie, which caused me to pike left and right. Even with the piking onit I was good and green up through 2pm, but then I didn’t cover as I got a little greedy and watched it ride back up on me. Nothing major and I came out of this one with absolutely nothing more than a papercut, but looking back at it this could have been a VERY VERY lucrative trader today. Lessons learned, and I’ll move on to the next one remembering that my strength is shorting into strength
INO
This was a swing play from yesterday and unfortunately as noted in my red day recap, I missed the window to take a screen shot of my entries. Needless to say I was a bit of a Bag holder on this one, but I had a plan and stuck to it and it worked out (s/o to @CitronResarch) for having the same thesis as I did.
I had a boat load of shares and was ideally looking to cover around 10.40-10.50s and was fully intending on swinging the position again, but the more I thought about it I just felt more comfortable cashing this position in (Great return here after it was all said and done) and then I can come back fresh on the next setup.