BEAS, ENT, RMBS

I came quite late to my screens yesterday after a social outing. I usually don’t trade in those cases but I saw the market was relatively strong and I had a few candidates so I put on 3 trades. Unfortunately I was very tired, distracted and overall not in the best shape for trading. That showed up quite fast too as I made heaps of mistakes:

1. Missing out on order entry at the right time and having to chase a ENT and RMBS a little.
2. Mistakes in order entry, had to cancel a few orders and re-enter them as I saw some orders that should have fired not getting triggered.
3. Quantities were also affected by the above.

Anyways, eventually it turned OK depsite the above. ENT – I used a relatively tight stop where I normally don’t and it closed for -0.9R. BEAS – didn’t have a lot of steam in it and closed for +0.8R. But the main winner was RMBS – I scaled out, which wasn’t the best way to manage it so ended up with +5.5R instead of a much larger R. So the end result is +5.4R for the day.

On the positive side, well it was a multi R profit day after all, due to the recently increased R, today was a new personal record for me with highest gain in a single day in terms of $. So kind of mixed feelings, good result but could have been a bad one too. I’m now pretty much crook with fatigue and still have the whole of Friday ahead of me. Can’t wait to get some proper sleep tomorrow.

Other possibly related posts:

• Worth noting today
• Determination
• Day Trading Results