Friday, June 22, 2018

Trading Summary Week Ended 22nd June 2018

11 Stock Trades:


1 AAL + 36 BPS.
2 BP + 28 BPS.
1 RR + 41 BPS.  
7 UK100 + 129 BPS.

6 long trades + 91 BPS.
5 short trades + 143 BPS.
6 intra-day trades + 131 BPS.
5 multi-day trades + 103 BPS.
Stocks net + 234 BPS.
Return on account for the week + 2.00 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 5 days.
Shortest trade duration:  5 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

 

A quieter week, markets were range - bound for most of the week.
Crude spiked higher on Friday following a meeting of OPEC. BP was volatile, and I closed a long position in it far too early, mainly as as my entry was poor, and I didn't want to let it fall back into the red. Patience is virtue for a trader.

Well short of my weekly 2.5% benchmark. 

Looking forward to better trading opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

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