So my first week back trading was last week which ultimately led to a red week with a bad play on TAOP. This week I was kinda nervous and wanted to finish green. My entire philosophy is to trade 100% of my account each time I trade and only to trade when i see the moves I want to see. 

I have to admit that has been hard especially on a day like today when the market is horrible. My screener this morning left very few plays to watch (SRNE & VXRT) - both had gone up in the first part of the morning with me looking for a bounce and strength when coming down to VWAP but given the very rough morning overall this was unlikely to happen.

The downward trend left me very skeptical on playing my low RSI strategy because I think the efficacy of that theory can get beaten up easily when the market is down overall hence why I am looking for strength at VWAP.

I had notice CRDF being on my screener later in the morning but hadn't looked at it before I eventually got a look at the chart and it was trending up very strongly despite the overall feel of the market. This gave me confidence so i began to watch it and see was it holding after little correction and it was. I decided that this was the play of the day so I took it.

The trade lasted all of 6 minutes and I took my 4.92% very sloppily. I actually missed the first run to 10.39 and it came back and even went red on me - this caused me to panic as i had set a limit order at 10.23 and it hadn't got executed on the way down. I then went to modify it as the stock was increasing again and before i got it modified it executed and I got my % gain. Very sloppy but overall I was delighted to make my 5%.

Using 100% of my account is a risky thing no doubt but I have the confidence to do so now especially as its not a HUGE amount of money. I have noted that my 5% gain is maybe not enough especially as last week my gain was wiped out by my loss so statistically the risk/reward is very weak. Also If I trade on Friday my funds aren't ready until Tuesday (I had thought the weekend would allow the settling of funds for Monday but obviously not). With trading on Tuesday I am then under pressure to trade on Thursday so that I have the 3 trade option for the following week. We'll see how this fairs out over the coming weeks - at the end of the day it's more important to keep adding green trades than red .

Green week feels good.