Sooo some good news and some not so good news. First the good news.
Today is another green day in the books and I’ve officially recovered 99% of that hit that I took the other Friday on that nasty loss I took. This is very encouraging and helps to re-affirm that I am capable of doing this, which is always something that I always find myself going back and forth about (despite all the flash numbers).
The not so good news, I’m not overly exciting about my green day because of my lack of follow through on my execution. The good side to this not so good news is that I’m starting to see it and I can work on improving to maximize potential moving forward.
Back with another green day recap. I probably sound like a broken record, but while I’m green I’m a bit disappointed with my results due to my lack of responsiveness to my environment.
CSCW
Great reactive trade here. In hindsight I probably should’ve located a bunch more, but I took what it gave me and I was happy with my reaction to the price action and not getting sucked into the premarket chase.
EARS
Loved loved loved the setup (had it on watch from the night before) and this thing setup beautifully. Given yesterdays recap I want to come in and NOT MISS an opportunity, so I got involved a little early a bit heavy and just sized down when it didn’t go exactly how I wanted…took a little paper cut, but mentally was able to attack on the 1.94 push and I sized up very well. and played the pops good in my opinion. My frustration comes in around how I handled the last minute PR these guys put out. I didn’t want to get caught on the wrong side of the trade, so I sized down to avoid getting a headache, but what I failed to do was add my size back on after the push failed……This is something I have to recognize moving forward. You have to continue working the trend. Sure my average would’ve gone down, but I would’ve still have great size in the trade and been able to maximize the returns on the name. Definitely a frustrating process, but it is what it is. I will takes these lessons forward for the next moves.