Apr22-W2: Good restart to Wannabebull
So the 1st week of Wannabebull’s restart has been quite successful. The market did absolutely nothing during the 4 days of trading and yet, I made a lot of money. I am absolutely stunned by how that happened. I did make around couple of thousands by day trading mean reversals but even if I discount that, the return is higher than expected.
The key reason that I can think is the VIX crash on April 8th. This allowed me to book more than 3K of profit on day 1 itself, while taking new positions quickly. It would be interesting to see how I navigate the coming week as I have trapped myself by taking positions when VIX was at its lowest.
|Net Profit (after deducting brokerage)||Capital deployed (approx)||Week’s ROI||Annualized ROI for this week||Total no. of weeks traded till today||Annualized return till today|
|Rs. 18,623.74||Rs. 11,83,895||1.57%||125.16%||1||125.16%|
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