AKS was the highlite, MCD was the low lowlite, i knew fucking well MCD would go up, its the flight to safety from insanity in tech, but i got a bit to big on a feeler poisition before i knew what was going on, and i punched the dead low.
LOL, this is mid afternoon chop but im more dedicated to trading all day again after summer holidays, so ill give you the good with the bad, went to McDicks, took a bath again, then went to NUGT, and destroyed it. Overall up about 2300 on the day.
MCD was the only other interesting trade today, i totally fucked this thing first 2 times, lost like 800 bucks,then i cut my size down to quarter size when i took it the third time, and crushed it but it wasnt enough to make it back its hard to get over that, but i think that was the most disciplined choice at the time. Kept going long MCD all day but my timing was wrong on it. I was too early and too big both of the first 2 times, and it led to me sizing down when i was absolutely sure where it was going.
TXMD about to make an ass of me, i should be up 6-7k if i could just hold on too winners, this day is hard to stomach, I finished up 2300 but traded like a jerk off.
I'm getting beaten up today with CMG. It seems intent on screwing me no matter which way I go. Was bearish, got stopped out. Went bullish, got stopped out. Now bearish again and the chart pattern is falling apart (luckily before I pulled the trigger again)
Only two things i could say on that, 1 i would never actively trade something with Margins as wide as CMG, i trade lots pre market, but thats different than algo mid afternoon with 30 cent spreads. Only other one i could say is dont go back to the well more than twice it almost never works. The times i make it all back on the third attempt are almost zero, but the times i dump like 2-3k into a stock over a bunch of trades are too numerous too count