I highly recommend watching @Investorslive Textboook Trading to beginners and intermediates as well to educate yourself about momentum trading
And the obvious disclaimer - I am not a trading/investment adviser so please be smart and consult a certified financial adviser before making any investment decisions
Summary of Trading:
Again today my trading wasn't great. Better than yesterday, but still, not adjusted to the lighter volume and didnt respect rules which cost me dearly on $ANTH.
Obv $FREE o/n win made the day. Should have really stopped there and not have made further trades (as per my rules) alas I ignored my rules.
$USD P&L: $1710
Trades:
$FREE had some o/n which I sold in a/h in the 8s and in pre in the 10s ... sure, upsetting seeing it hitting .20s but this really was up on nothing, HAD to take 50% gains
$ANTH another complete mess of trade; plan was to short pops to 8.9 with 9 risk ... instead i shorted on weakness and paid the price. Ended up covering where initially wanted to short ... made some back with shorting near original plan
$GBSN nicely traded, small size though
$KOOL traded long and short
$MDW chased the cheapies mania, tried to be patient, but then vol dried out, not much continued momentum, so i bailed
$ALTC illiquid pos I was swinging
P&L: (Please note the sum is in GBP but individual trades in USD)
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