Zzzz... what?

Today was an extraordinarily slow day for me… Portfolio is loaded up to my optimal position size, and now we wait for add-ons to existing positions or for positions to stop out before replacing with new positions.

Things were abnormally active the first week because I was transitioning from a maximum of four entries per position to a maximum of only two entries per position. That allowed me to double the total number of positions held concurrently, which resulted in a flurry of new position entries.

_{[https://pixabay.com/photos/french-bulldog-dog-sleeping-relaxed-4291119/)}

Trade Journal

Today I Bought

BTX @ 1.2227

Today I Shorted

EWW @ 41.38

Today I Closed

{nothing to see here}

Open Trades

While everything else about an open trade is established at entry, the ‘stop loss’ order will be adjusted periodically over the life of a trade. The idea is to move the stops at key price points and let the profitable trades keep running.

I updated the stops on my open EWW trade when I put on additional size.

Ticker	Entry	Direction	Size*	Date	Stop Target
WPM	25.5141	Long	8.43%	7/17/2019	26.30
CLVS	12.45	Short	2.75%	7/17/2019	12.11
GWPH	161.88	Short	4.88%	7/17/2019	169.89
WPM	25.99	Long	8.32%	7/18/2019	26.30
BAX	82.94	Long	14.10%	7/18/2019	83.18
ALNY	75.44	Long	6.04%	7/18/2019	71.71
CLVS	11.66	Short	2.80%	7/18/2019	12.11
PEP	130.33	Short	14.34%	7/22/2019	133.03
EWW	42.12	Short	10.95%	7/22/2019	42.52
CC	18.61	Short	2.45%	7/23/2019	20.19
TROW	112.14	Long	8.84%	7/24/2019	111.30
DUK	87.44	Short	10.92%	7/24/2019	89.29
NUVA	59.41	Long	6.64%	7/24/2019	57.35
MGA	50.66	Long	7.32%	7/24/2019	48.93
AAPL	208.71	Long	9.60%	7/24/2019	203.36
CMI	174.92	Long	9.20%	7/24/2019	169.97
SWKS	86.95	Long	6.86%	7/24/2019	83.85
BAX	84.93	Long	10.53%	7/25/2019	83.18
BA	346.74	Short	5.86%	7/25/2019	359.25
TROW	114.26	Long	8.37%	7/25/2019	111.30
BTX	41.38	Long	2.25%	7/26/2019	1.11
EWW	41.38	Short	7.73%	7/26/2019	42.52

Total Long 109.33%
Total Short 56.82%

Approximate position sizes are given as a percentage of trading account. Use of leverage is intended, so % of portfolio will sometimes exceed 100%

Closed Trades

Ticker	Gain/Loss	Size	Portfolio %	Days Held	Opened	Closed
CSX	-2.72%	10.52%	-0.29%	0	7/17/2019	7/17/2019
EBAY	-2.54%	11.97%	-0.30%	0	7/18/2019	7/18/2019
ADM	-2.52%	12.69%	-0.32%	1	7/18/2019	7/19/2019
CSX	-3.90%	8.36%	-0.33%	1	7/18/2019	7/19/2019
THRM	-5.28%	7.68%	-0.41%	1	7/18/2019	7/19/2019
PCAR	-1.25%	10.31%	-0.13%	5	7/18/2019	7/23/2019
PCAR	-3.32%	11.45%	-0.38%	0	7/23/2019	7/23/2019
EPR	-2.55%	12.42%	-0.32%	1	7/22/2019	7/23/2019
EW	8.51%	11.75%	1.00%	2	7/22/2019	7/24/2019
EW	-2.47%	10.02%	-0.25%	0	7/24/2019	7/24/2019
NTGR	18.02%	6.49%	1.17%	1	7/24/2019	7/25/2019
NTGR	13.90%	6.72%	0.93%	1	7/24/2019	7/25/2019
CHRW	-2.88%	8.52%	-0.25%	1	7/24/2019	7/25/2019

Wins: 3 trades, 3.10% total gain
Losses: 10 trades, -2.96% total loss

Win Ratio: 23.08% of total trades
Net Gain: 0.14%

Gain/Loss given as percentage on notional value of trade, with size a percentage of trading account. G/L x Size = % change of account value based on trade outcome. Days Held shows as 0 when a position was opened and closed in the same day (day trade).
Evaluating all position outcomes from Closed Trades, over a large enough sample, could support an approximate calculation of total portfolio return. Actual results may vary.
This is my trading journal. Results are published for entertainment purposes. This is not financial advice. This is not legal advice. This is not even advice.

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