20 Stock Trades:
4 AAL + 91.13 BPS
13 BLT + 139.08 BPS
2 EZJ + 57.65 BPS
1 STAN + 11.31 BPS
Stocks net + 299.17 BPS
Long and short trades, intraday and overnight.
I traded 5 days this week.
Return on account for the week 4.54 % net.
P:L ratio was 7.08:1.
No Index trades, I am concentrating on stocks.
Thoughts
We saw some nice volatility this week.
A decent week's trading, although my exits could have been much better, especially on EZJ !
Above my 2% weekly return benchmark, which was encouraging.
I'm often too early moving my stops to lock in a profit, a couple of trades on AAL were a classic example, since I had a first target sell @ 1588, but was stopped out for a small profit @ 1570. In the next few minutes AAL traded to 1592.50.. In retrospect, I should have been more patient with the position.
Equity markets sold off early in the week but rebounded strongly midweek, only to fall back on Friday. Friday was very busy for me with 6 trades (round trips) made in BLT, AAL and EZJ.
Here are the changes over the week on my watch list stocks:
| STOCK | CLOSE | CHANGE | BPS |
| AAL | 1537 | -28.00 | -178.91 |
| BARC | 236.05 | -12.10 | -487.61 |
| BG. | 1113.5 | -22.50 | -198.06 |
| BLT | 1909.5 | -51.50 | -262.62 |
| BP. | 475.45 | -14.60 | -297.93 |
| CNA | 334.9 | +6.40 | +194.82 |
| EZJ | 1700 | -127.00 | -695.13 |
| GLEN | 311.6 | -7.10 | -222.78 |
| HSBA | 617.6 | +5.10 | +83.27 |
| RDSA | 2194.5 | -21.50 | -97.02 |
| RIO | 3330.5 | -50.00 | -147.91 |
| STAN | 1321.5 | +57.50 | +454.91 |
| UU. | 758.5 | -35.00 | -441.08 |
It's Friday afternoon, and I'm done for the week.
Looking forward to more opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
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