Green day recap. What a day. I mean seriously there were opportunities left and right and I would be lying if I said I wasn’t a little bit overwhelmed with how everything was just kind of coming in.
With it being the end of the month as well as a Monday I decided to take it easy this morning instead of jump too aggressively into positions and honestly you don’t really lose much, but you gain some invaluable lessons when it comes to prove actions/levels which help your r/r on the play. Looking back on it this was a day where I should’ve had negative BP. I actually had 2 really solid positions as you’l see below, but I just didn’t maximize the opportunity.
The longer that I’m around the more I’m seeing how important it is to really lay into those moves when the stars are aligning in your favor. When the opportunity is prime you HAVE TO ACT. I’m slowly getting there, but I guess just more screen time and experience will do me some good to really get the feel of the attack.
CCL
What an opportunity here that I just cut too quick. on the confirmation I should’ve been sizing in much harder than where I was. I was working my $NCLH trade at the same time and honestly just got a little thrown off jumping between the two and since this was the smaller sized one I ended up just taking it off to focus on NCLH. In hindsight I should’ve been working them equally as hard with size. When I look at the daily and how this got down to mid 19’s I have to laugh, but moving forward the plan is to ATTACK….ATTACK….and ATACK.
NCLH
I’m pretty proud of this trade because of my first entry and my EXIT. I’ve been focusing on mitigating my risk, and today I had an idea, it worked a little and then came back, and I got out for near break even (in the green). Then when things came back I sized back in and worked the trade from there.
overall I eft a ton of meat on the bone, but I had decent size here going on and was able to really improve that entry and size back. I’ve been telling myself for a while that “you can’t always get back in” and today I worked that principle and man did it feel great. If i can keep up these kinds of entries/exists then I’m going to feel confident moving into my next phase, which I will be looking to improve how I work the overall trend. There is much to be improved on that front.