Brief snap in my streak

Me on Monday.  I had a streak of 4 weeks of GREEN days and fell flat on my face on Monday.  So, what went wrong?  Pretty simple explanation:

I IGNORED MY RULES.

Silly, really.  Two big rules that, when ignored, will slap you upside the head every time a trader tries to think they are better than them.

  1.  Fighting trend above VWAP
  2.  Starting said position with too big of size

While it definitely didn’t make my day, I walked away from my computer ok with a little humbling.  I know that it is extremely rare for traders to be green every day and knowing that, I am very proud of my performance in the past month.  Additionally, I think this was a good little slap to make sure I am not becoming complacent.

“Comfort breeds Complacency”

Happy to say I bounced back in a major way on Tuesday and had a killer day today with VRTX.  What a fade!  I started in on this in pre-market and stayed until 3pm.  Unreal $10/share! Really happy with how I traded this one. I was adding/taking profits….snoozing because this bled the slowest I have ever seen.  Really wanted to see massive panic for whatever reason…but I am not going to complain over this move.  It is high on my watchlist tomorrow morning, I hope it opens slightly higher for a continued fade, ideally with some panic this go around.

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