Volatility Box – August 23, 2019

Trade reportAug 23, 2019

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Weekly P/L: $4,503.75

The Volatility Box helped us take out almost $5K in profits, on what was a "wonky Friday." We were able to capitalize on the volatility in the markets, thanks to Fed Chair Powell, and a tweet storm.

While yesterday was a more "painful" day, today was a perfect example of why our volatility models work, and why it's important to recognize each trade as a series of trades.

Following our rules today helped to turn a losing week (down a little more than $450) to a winning week, ending up +$4,500.

We had a total of 11 trades, for a net daily P/L of +$4,965.