13 Stock Trades:
5 AAL + 135 BPS.
1 BARC + 16 BPS.
2 BLT + 26 BPS.
1 GLEN + 52 BPS.
1 HSBA + 3 BPS.
2 RBS + 36 BPS.
1 STAN + 16 BPS.
9 long trades + 180 BPS.
4 short trades + 104 BPS.
12 intra-day trades + 272 BPS.
1 overnight trade + 12 BPS.
Stocks net + 284 BPS.
Return on account for the week + 3.63 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: overnight.
Shortest trade duration: 2 minutes.
No Index trades.
(All P & L expressed in basis points for the purpose of comparison.)
Thoughts
A very difficult week, struggled to make decent trades.
A couple of very poor entries and exists (shorted AAL at more or less the early high of the day and moved my stop down way too soon). Also managed to lock myself out on Thursday morning so managing an overnight position I had was somewhat tricky (!).
Stocks saw a very sharp sell-off on Thursday afternoon. Not sure what sparked that move. Friday was very volatile as well. The miners were very volatile.
Over my 2.5% weekly target.
I have been trying out a new charting package this week - Tradingview.com. The charts are pretty good, although I'm still not fully up to speed with the site. I was using MT4 but I can't find a decent feed for all the markets I watch.
Hoping for some opportunities, (and fewer domestic issues) next week.
Stay disciplined.
Stay focussed.
Stay humble.
No comments:
Post a Comment