10 Stock Trades:
5 AAL + 166.82 BPS.
4 BARC + 227.57 BPS.
1 STAN - 172.33 BPS.
6 long trades - 5.51 BPS.
4 short trades + 227.57 BPS.
Stocks net + 222.06 BPS.
9 intraday trades, 1 overnight.
I traded 4 days this week.
Return on account for the week + 16.70 % net.
P:L ratio 2.81:1.
No Index trades.
Thoughts
A difficult week, a poor STAN trade after results. Fortunately the STAN trade was small, so I actually produced a net profit for the week.
Markets were stronger, although the miners were weak, and both BLT and RIO made new 52 week lows.
STAN fell to levels it last traded at back on 2009.
Meanwhile BARC saw some volatility late on Friday after the BoE released new capital requirements for British banks.
Overall, October has been a bit of a disaster for my trading, and I have lost a lot of confidence.
Hoping for better opportunities next week.
Changes on the week:
Stay focussed.
Stay humble.
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