22 Stock Trades:
2 AAL + 138 BPS.
7 BLT + 265 BPS.
2 BP + 55 BPS.
1 GLEN + 143 BPS.
10 UK100 + 165 BPS.
16 long trades + 605 BPS.
6 short trades + 161 BPS.
16 intra-day trades + 523 BPS.
6 multi-day trades + 243 BPS.
Stocks net + 766 BPS.
Return on account for the week + 8.73 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 8 days.
Shortest trade duration: 2 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Another busy week for me.
The crude oil rally continued in the first part of the week, boosting the price of BP and RD Shell.
Crude then fell back on Wednesday. Miners were also weaker, and Wednesday saw the mining stocks sell off sharply. On Thursday we rallied again, the FTSE was pretty strong, making another 30 day high on Friday. Overall the FTSE was up 134 points on the week.
Made some poor exits (taking profits too early).
Above my 2.5% weekly benchmark anyway.
Looking forward to further opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
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