If you’ve been reading, you know this has been a disappointing week, performance-wise. On the bright side, I did find more trades to take than any week in recent history, and I’m still not unhappy with any of them. Many stocks just did not break out this week, reversing sharply instead. If next week is more of the same, I will have to think harder about what’s going on out there. Until then, I see no need to worry much.
The table:
| Total P/L: | -3.46 R |
|---|---|
| Trades Taken: | 11 |
| Winners: | 5 (45.45%) |
| Expectancy: | -0.31 R |
| Biggest Winner: | 0.5 R |
| Biggest Loser: | 1.13 R |
On top of the unfortunate market action, I also had a fair amount of plain old bad luck. Such as, the profitable trade that reversed and stopped me out while I was away from my desk.
This entry was posted
on Saturday, October 21st, 2006 at 9:42 am and is filed under Trading.
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[...] This week was pretty positive, though not as profitable as I would have hoped coming off of last week’s losses. Let’s examine it a bit. [...]