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.