Recent Trade Log & Performance
Below is a log of my most recent trades over the last few weeks, along with some thoughts on my current risk management strategy.
For reference trades are sized at 4–6% per position, unless noted for derivatives, which were usually sized at 0.5%.
$CRWV +5% booked (1 day) | Position open
$IREN +16% (2 days) | Position open
$ASTS +55% (6 weeks) | Closed
$CAVA +9% (2 days) | Position open
$USAR +10% | Position open (trimmed as high as $30 for +50% booked)
$NOK +9% | Position open
$IREN +18% | Closed
$HIVE +1% | Closed
$NOK +13% | Closed
$OUST +33% | Position open
$AMBA -2.35% | Position open
$SOFI -1% loss (excluding options gain, +100% one day)
$INTC -3% loss
$COPX +3% | Position open
$UAMY $7.50 CSPs | Position open (currently at a decent loss though 6 weeks to expiry)
$FLY +74.4% | Closed
BRZE +33% on calls | Closed
Has been a good stretch but still working on a lot of things.
To give some context, I was up 46% in January but ended up giving back too many gains during the February and March chop, wrapping up Q1 around +20%. Fortunately, April and May were strong months with some strong trades. My main focus now is learning from the February/March period to ensure I don’t give back too many profits.
So, to better protect my capital, I have been working on limiting maximum losses to 0.5% of my total account, which has been working well. While this tighter risk control did lead me to exit a few positions that later reversed, the vast majority of those stocks went much lower after I honoured my stop. I am currently sizing positions at 5% to keep risk manageable, though I am actively working on sizing up when I can secure a clean entry right against key support.
The set-ups I have been mainly taking are:
Pullback to Support (Moving Average or Horizontal support)
Undercut and Rally
5/21 EMA Crossover
IPO AVWAP Hold or Recovery
Flat Base breakout
I plan to put together a dedicated post outlining my framework soon, which I think will be highly helpful. In the meantime, I highly recommend keeping an eye on my weekly “Trade Ideas and Watchlist” posts (most recent one is below) where I break down active setups and specific entry points. Will be published tomorrow.
Thank you for reading and see you for the next one!