+$1807 today which is great, but it’s one of those days where I’m disappointed with my performance.
My initial trade on MOMO today was perfect! It played out exactly as I had planned. We got a gap up and quick push to $39. I shorted into that missing the very top on my last entry by just 2 cents and covered in two pieces on the pull. The pull was much bigger than expected. Where I messed up though was not re-shorting on the bounce too and reject of VWAP. Honestly, I was a little nervous because it held 37.80 a few times. I feared it based, but when it pulled below VWAP again I should have piled on short again. I just sat there staring at. I did put in a few orders but then canceled them. I then tried the bounce with the market, but I got nervous again and canceled my order. I am not sure what was wrong with me on this play and why I was so skittish after my first short. My emotions got the best of me here and I missed out on what could have easily been a $3,000+ play.
PLUG was a similar story. My plan was to short into a new high of day on the bounce off VWAP. I was watching it closely and when the time came I chickened out of the short. I even saw the HUGE sell order on the level two at 2.70 where it stuffed, but I just sat there and did not get in.
NADL was a miss as well but I honestly wanted higher before I jumped in. I knew this had the potential to really run. I don’t regret missing this one.
For some reason, I was more emotional in my trading today. I am not sure why, but we all have days like this. Unfortunately, however, it cost me ALOT in missed gains. $1807 is a great day and I am grateful for those gains, I just know how much better I could have done. That is why I am disappointed with my performance today.