13 Stock Trades:
5 AAL + 53.04 BPS
5 BARC + 66.69 BPS
1 BP + 9.92 BPS
2 EZJ + 188.48 BPS
Stocks net + 318.13 BPS
10 long, 3 short trades, intraday and overnight.
I traded 4 days this week.
Return on account for the week + 3.3 % net.
P:L ratio was 5.36:1.
No Index trades.
Thoughts
A difficult week. We saw quite a bit of volatility after worries about a Portuguese bank on Thursday. The market finished the weak lower (see table):
I caught a bounce on EZJ, unfortunately I got stopped out at a poor price due to slippage on half my position.
Miners were volatile again, as were the banks. BARC made a new 52 week low.
I took a loss on Thursday (on BARC), which was my first losing day since early February. I realise that losing days are part of the business, but I'd rather not have too many of them. I am due a losing week soon I feel.
Above my 2.5% weekly benchmark anyway.
Looking forward to more opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
No comments:
Post a Comment