Friday, April 06, 2018

Trading Summary Week Ended 6th April 2018

15 Stock Trades:


4 AAL + 264 BPS.
4 BLT + 280 BPS.
2 GLEN + 166 BPS.
5 UK100 + 96 BPS.


5 long trades + 450 BPS.
10 short trades + 354 BPS.
6 intra-day trades + 156 BPS.
9 multi-day trades + 648 BPS.

Stocks net + 804 BPS.

Return on account for the week + 9.70 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 5 days.
Shortest trade duration:  6 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


A shortened week due to the Easter Monday holiday.

Another very volatile four days on stocks.

Chinese trade tariffs announced on Wednesday sparked a sell off, however US stocks rebounded later in the session, with the Dow rallying 600 points off the lows.

The UK market followed Wall St on Thursday, with a powerful rally.
Then on Thursday night the US announced more tariffs, and triggered a modest sell off on Friday.
Some pretty poor trade entries and exits this week.
Also experienced some software problems with my main trading PC, which made things more difficult than they already were, given the volatility.

Still, well north of my 2.5% weekly benchmark.
Looking forward to further volatility next week.



Stay disciplined.

Stay focussed.

Stay humble.

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