Trades 28/01/15

So much for being a sniper today, total sh*t show, random trades left and right, just wasn't my day;

Such poor trading, not just one trade ruined me, but plenty of them, and I usually do well when the markets tank after a nice run earlier in the day.

The pre-planned trades (such as $ARRY) worked really well, it's the random/reactive stuff that hurt me 

Getting very frustrated with myself - trading is easy(ier) if you stick to a few setup; today $ADXS (or $ZIOP, executed properly) alone would have paid the bills for instance.

Less is more - tomorrow i'm really really focusing on fewer plays and wait for optimal setups

Lessons:

• Trade with more conviction - the setups you're more certain about, use wider stops
• BE MORE PATIENT DAMN IT

Trades: 

$FXCM was short o/n - news spiked me out of position, actually went long and minimised losses

$APRI long in pre; didnt work, shame it rallied after; tried later on a dip and it didnt work again, awful trading 

$ZIOP with 9 risk - messed up entry, messed up trade. faded nicely after my covers ... blarg

$ARRY 7 risk

$ARRY shorted again with prior high risk

$ADXS - this is why entry is so important, was a chase, so got spooked out fast

$PSTI had a nice long

$PSTI bought smaller on dip

$PSTI decided to take some long o/n - reason I'm long with conviction: it held pretty strong even with the markets being weak; big vol on the pops and little on the retraces; this is new to me so I could be completely wrong ... // after the awful spy close I took most of the position off and left tiny bit o/n

$NVIV plan was to snag a washout and sell; worked ok, then shorted good avg, but didnt cover in time, ended up a loser; will try again tomorrow

$APRI long on a dip with 1.50 risk, again fail

$MIFI tried twice, didnt work

$SPY one of few good trades today: