14 Stock Trades:
3 AAL + 154 BPS.
6 GLEN + 241 BPS.
5 RIO + 440 BPS.
8 long trades + 559 BPS
6 short trades + 276 BPS.
9 intra-day trades + 422 BPS.
5 multi-day trades + 413 BPS.
Stocks net + 835 BPS.
Return on account for the week + 6.16 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 16 days.
Shortest trade duration: 37 min.
No Index trades.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Another volatile and challenging week's trading.
We saw a rally on the miners towards the end of the week, not sure what drove that (I have learned that it's pointless to try and find reasons for these moves, as a wise trader once said, 'the market moves because it has to').
Anyway, I traded the volatility. A moderately busy week by my standards at just under three trades per day.
Above my 2.5% weekly benchmark.
Of course, the greatest sporting event on the planet starts on Saturday (tomorrow), so I'll be trying to trade whilst keeping an eye on the likes of Alberto Contador, Richie Porte, Mark Cavandish, Chris Froome, Nairo Quintana etc...
Looking forward to more opportunities and some quality racing next week.
Stay disciplined.
Stay focussed.
Stay humble.
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