7 Trades:
1 AAL + 289 BPS.
4 long trades + 547 BPS.
3 short trades - 550 BPS.
3 intraday trades + 16 BPS.
6 multi-day trade - 19 BPS.
Total trades net - 3 BPS.
Return on account for the week - 0.47 % net.
P:L ratio 0.61:1.
Days traded: 5.
Longest trade duration: 47 days.
Shortest trade duration: 4 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Not a good week. The equity market rally faltered this week, as Fears over the virus hitting China seemed to have spooked the equity markets on Thursday, with the commodity stocks taking a hit, before bouncing near to the recent high (7689) on Friday.
Again it's unwise to be short this market for very long.
Well below my weekly 2.5% benchmark.
Looking forward better trading opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
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