15 stock trades:
3 AAL + 28.47 BPS
12 BLT + 88.54 BPS
Stocks net + 117.01 BPS
4 Index Trades:
4 FTSE + 16.10 BPS
Net all trades + 133.11 BPS
Return on account for the week 2.66%
Long and short trades, intraday and overnight.
I traded 4.5 days this week.
Thoughts
A quieter week, and I was not able to find many trades.
I closed a couple of FTSE trades very prematurely (short trades, I am always more nervous trading the short side, something I need to work on I think).
A profit, but well below my weekly target. I had a discussion about targets on Livecharts.co.uk, and it may be that my weekly target of 500 BPS cumulative may be a little high.
Therefore I may also target 2% return on capital per week, which is more modest and therefore more likely to be acheived.
November is progressing well, but I have to be careful not to give back my profits next week, so I will be trading very cautiously.
Stay disciplined.
Stay focussed.
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