It was a grind today, though opportunities were present. For some reason, I was a bit slow today (call it hesitant) and I stopped out my first three trades in TNA. With only 250 shares in play for each trade, the losses were small. My next two trades were winners and I was up a small dollar amount. I did a mean reversion reversal trade near the top of the price spike in the last 5 minutes of TNA, but price did not revert to mean so I dumped it for a small loss with 5 seconds left in the trading session. It was a good price to short the move up that started around noontime but I didn't want to hold short overnight.
It was a choppy day overall and I found it difficult to focus. As I review the chart, I see my entry opportunities clearly, but for whatever reason, I was slow to react and ended up entering toward the middle of trends; a bad area for chop and churn stop-outs.
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Finished the day with a Gain of $13 on 2 winners out of 6 trades.
