Trading Summary Week 05 2024

         

34 Trades:

5 UK 100 + 176 BPS.

26 US 500 + 553 BPS.

3 US 100 + 7 BPS.

24 long trades + 1,309 BPS.
10 short trades - 573 BPS.
23 intraday trades + 51 BPS.
11 multi-day trades + 685 BPS.

Total trades net  + 736 BPS.
Net points + 409.84.

Return on account for the week: + 8.24 % net.

P:L ratio: 1.9:1.
Days traded: 5.
Longest trade duration: 36 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

I had quite a busy week on the equity markets.

We had two market moving events - the Fed rate decision on Wednesday, and the non farm payrolls on Friday before the cash open.

Pretty volatile markets. The SPX, DJI and the Nasdaq all made new all time highs again on Friday.

There's no sign that this bull market is done just yet.

I made some poor trades, caught some of the volatility.

Well above my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week 04 2024

         

15 Trades:

4 UK 100 + 12 BPS.

11 US 500 + 42 BPS.

13 long trades + 367 BPS.
2 short trades - 313 BPS.
12 intraday trades + 23 BPS.
8 multi-day trades + 31 BPS.

Total trades net  + 54 BPS.
Net points + 30.90.

Return on account for the week: - 1.47 % net.

P:L ratio: 0.8:1.
Days traded: 4.
Longest trade duration: 29 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

A difficult week's trading.

Intraday was OK, poor short swing trades. And funding of the swing positions cost more than I lost on the trades.

Below my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 03 2024

       

35 Trades:

2 UK 100 + 11 BPS.

33 US 500 - 220 BPS.

23 long trades + 482 BPS.
12 short trades - 691 BPS.
21 intraday trades + 43 BPS.
14 multi-day trades - 252 BPS.

Total trades net  - 209 BPS.
Net points - 93.59.

Return on account for the week: - 5.78 % net.

P:L ratio: 0.6:1.
Days traded: 5.
Longest trade duration: 17 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

Another poor week.

Intraday was good, but a few poor short trades killed my P&L.

Well south of my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 02 2024

        

23 Trades:

2 UK 100 + 1 BPS.

21 US 500 - 134 BPS.

19 long trades - 176 BPS.
4 short trades + 42 BPS.
15 intraday trades + 19 BPS.
8 multi-day trades - 153 BPS.

Total trades net  - 134 BPS.
Net points - 63.87.

Return on account for the week: - 3.44 % net.

P:L ratio: 0.6:1.
Days traded: 5.
Longest trade duration: 14 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

A difficult week's trading.

I made some very poor trade exits.

Below my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 01 2024

          

24 Trades:

24 US 500 - 50 BPS.

17 long trades - 212 BPS.
7 short trades + 162 BPS.
20 intraday trades + 64 BPS.
4 multi-day trades - 114 BPS.

Total trades net  - 50 BPS.
Net points - 24.13.

Return on account for the week: + 2.48 % net.

P:L ratio: 1.6:1.
Days traded: 4.
Longest trade duration: 1 day.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

Markets started 2024 on the back foot.

All the main indices were weaker, the SPX was down 1.52 %, the Nasdaq 3.23 %.

Friday's NFP number produced a lot of volatility on the futures, and I could have traded it better.

 

I made money on my intraday trades, but lost on a couple of overnight positions.

 

The reason I'm showing a profit despite a loss in terms of points is that the intraday trades were much larger that the overnight trades.

 

Below my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 52 2023

          

8 Trades:

8 US 500 + 32 BPS.

8 long trades + 32 BPS.
No short trades.
7 intraday trades + 6 BPS.
1 multi-day trades + 26 BPS.

Total trades net  + 32 BPS.
Net points + 15.28.

Return on account for the week: + 3.12 % net.

P:L ratio: N/A.
Days traded: 3.
Longest trade duration: 7 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

A quieter week on the equity markets, Monday was Christmas day, markets were closed.

I found fewer trading opportunities. 

 

The Nasdaq made new all time highs (three of them on Tuesday, Wednesday and Thursday), above 16,920, as did the Dow (two of them).

The SPX is still off the all time highs made in 2021.

 

Above my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 51 2023

          

16 Trades:

16 US 500 + 526 BPS.

15 long trades + 971 BPS.
1 short trade - 445 BPS.
10 intraday trades + 12 BPS.
6 multi-day trades + 514 BPS.

Total trades net  + 526 BPS.
Net points + 244.44.

Return on account for the week: + 29.10 % net.

P:L ratio: 3.6:1.
Days traded: 3.
Longest trade duration: 141 days.
Shortest trade duration: < 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

A better week on the equity markets.

I missed a few decent opportunities. 

 

Markets were strong in the run up to Christmas.

The Nadsaq made new all time highs, above 16,860, as did the Dow..

The SPX is still well off the all time highs made in 2021.

 

North of my 2.5 % weekly benchmark.

 

Next week will probably see be lighter volume. I'm typing this on Christmas day, having just returned from a couple of days in Bologna. A truly stunning city from an architectural point of view.

A great break, but back to the market tomorrow.

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.

Stay focussed.
Stay humble.

Trading Summary Week 50 2023

          

14 Trades:

3 UK 100 + 10 BPS.

11 US 500 + 537 BPS.

11 long trades + 1,069 BPS.
2 short trades - 522 BPS.
7 intraday trades + 16 BPS.
7 multi-day trades + 531 BPS.

Total trades net  + 547 BPS.
Net points + 254.96.

Return on account for the week: + 10.20 % net.

P:L ratio: 1.2:1.
Days traded: 4.
Longest trade duration: 135 days.
Shortest trade duration: < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A very challenging week.

We had a lot of data this week, CPI Tuesdsay, PPI Wednesday and of course FOMC Wednesday.

We also had rollover / expiry on the December futures on the indices.

US markets were sharply higher after the US Fed kept rates on hold, as did the BoE and ECB.

Markets seems to interpret Powell's press conference comments very favourably (ie - rates have peaked).

Pretty volatile markets, the Dow made a new all time high after the Fed announcement, the SPX still off the highs from 2021, the Nasdaq get very near the all time high.

 

Here is the SPX showing the strength post FOMC:

 

 

Above my 2.5 % weekly benchmark.

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.