Friday, August 24, 2018

Trading Summary Week Ended 24th August 2018

22 Stock Trades:


2 AAL + 66 BPS.
1 BLT + 19 BPS.
4 GLEN + 147 BPS.
1 SGE + 22 BPS.
13 UK100 + 66 BPS.

6 long trades + 73 BPS.
16 short trades + 247 BPS.
16 intra-day trades + 183 BPS.
6 multi-day trades + 137 BPS.
Stocks net + 320 BPS.
Return on account for the week + 1.17 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 5 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)



Thoughts


A difficult week on the equity markets. Markets were range - bound for most of the week. I scalped a few points off the FTSE, as well as stocks, but it was very tricky going all week.


Well below my weekly 2.5% benchmark.

We have a long weekend since the LSE is closed on Monday for the bank holiday.
And the start of the Vuelta on Saturday.

Hopefully we'll see better trading opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.

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