Wow! We had a hugely volatile week:
We had Ebola, We had melt downs, rallies. I traded fast and furious and had my best week of the year-13.20%. On a trade by trade basis, I probably had more losers than winners which is rare but I made my winners count. Mean reversion was the name of the game. XIV, HCLP. But close behind was Ebola fever as I had trades in VRS and APT that saw a total of 20 minutes during regular trading. After hours is great when stocks run to the A.M.
Any way here's the states:
This week looks great on my YTD returns as I close the week at my highest levels of the year. Not too bad considering the overall market conditions. My breakouts have had only marginal success since July.
I need to be careful and lighten up off the gas. All my biggest drawdowns, have come after my account has hit new highs and I thought I could bend my trading plans and rules. To that end, I end the week with a beer and an account that is 95% in cash. Cheers.