15 Stock Trades:
3 AAL + 63 BPS.
3 BLT + 159 BPS.
1 BP + 15 BPS.
4 GLEN + 183 BPS.
4 UK 100 + 48 BPS.
8 long trades + 170 BPS.
7 short trades + 298 BPS.
6 intra-day trades + 170 BPS.
9 multi-day trades + 298 BPS.
Stocks net + 468 BPS.
Return on account for the week + 5.64 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 5 days.
Shortest trade duration: 6 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Another pretty active week.
Equity markets were again volatile, with the FTSE making new 52 week lows on Monday. Tuesday saw a strong rally, and then Wednesday saw the markets sell off again. Then on Thursday we saw a rally on stocks. Of course, volatility is what the trader needs.
Some of my trade entries and exits were pretty poor this week.
A shortened week due to the Easter holiday, next week likewise.
Above my 2.5% weekly benchmark anyway, although should have been better.
Looking forward to more opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
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