8 Stock Trades:
6 AAL + 87.28 BPS
2 BLT + 38.69 BPS
6 long trades: + 108.25 BPS.
2 short trades: + 17.72 BPS.
Stocks net + 125.97 BPS
6 intraday trades, 2 overnight.
I traded 4 days this week.
Return on account for the week + 1.33 % net.
P:L ratio was N/A (no losing trades).
No Index trades.
Thoughts
A shortened week, due to the bank holiday. Markets were volatile with events in Ukraine. Seems like there was an new announcment from the Ukraine/Moscow every few minutes throughout the trading day.
All in all, a very tough week, and I am very glad that it's Friday afternoon.
Well below my 2.5% benchmark.
August has been a difficult month, the breakdown of trades was as follows:
AAL was by far the most frequently traded strock again, accounting for 68% of trades. I made some very poor trade exits, especially on the short side, where I scalped a couple of points before the stock tumbled sharply.
I have rather neglected the banks this month, with not a single trade in BARC. Hopefully next month will provide more opportunities.
Changes on stocks for the month of August:
SBRY was sharply lower today after a profit warning from Tesco.
Stay disciplined.
Stay focussed.
Stay humble.
No comments:
Post a Comment