20 Stock Trades:
6 AAL + 77.71 BPS
5 BLT + 37.74 BPS
3 EZJ + 144.43 BPS
1 SBRY + 5.54 BPS
5 STAN + 34.23 BPS
Stocks net + 299.65 BPS
All long trades, intraday and overnight.
I traded 5 days this week.
Return on account for the week + 3.40 % net.
P:L ratio N/A as there were no losing trades.
No Index trades, I am concentrating on stocks.
Thoughts
Another fairly volatile week, which I like to see. Volatility picked up on Thursday and Friday, after a quiet start to the week.
Over my 2.5% weekly benchmark again this week.
Miners were volatile on thursday, with AAL and BLT gapping down - see chart.
Both AAL, BLT and RIO made 30 day lows this week.
Most of my watch list stocks finished the week lower
BP made a new 52 week high on Friday, crude was also strong following the events in Iraq.
A couple of poor exits, and a few missed opportunities. That's trading.
I remain cautious on the equity markets for now.
Looking forward to more opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
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