Saturday, October 21, 2017

Weekly Trade Summary: October 15 - October 21

This week I entered one new trade, and adjusted both an existing trade and the new trade.  Details of this week's trading below:

(click to enlarge)

December 15 Monthly Expiration Trade (#45) - Adjusted 17-Oct
  • 27-September Entry (post)
  • 29-September Adjustment (post)
  • 02-October Adjustment (post)
  • 05-October Adjustment (post)

December 29 Weekly Expiration Trade (#46) - Adjusted 18-Oct
  • 17-October Entry

I currently have 8 open trades, with expirations in Oct (1), Nov (5), and Dec (2):

(click to enlarge)

Total defined risk for these trades is 71.3% of the account net liquidation value.

38 trades have been closed this year...22 wins and 16 losses. Return on the account for the year is at 3.9%.  Total win rate is at 58%. The win rate on the core trades is at 65%. Not happy with the win rate, but at least it is improving and the losses have been small. Of my 8 open trades, 7 currently have positive P&L. The trade entered last week has a small negative P&L at this time...which is typical early in the trade.

Next week I will be looking for new trades in the weekly January expirations (if available). I will make adjustments in my existing trades as follows:
  • Highly likely: N/A
  • Likely: #45, #46
  • Possible: #44
  • Unlikely: #39, #40, #41, #42, #43

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