Monday, September 24, 2018

Trading Summary Week Ended 28th September 2018

26 Stock Trades:


7 AAL + 151 BPS.
2 BLT + 40 BPS.
2 BP + 138 BPS.
2 MCRO + 30 BPS.
1 STAN + 8 BPS.
12 UK100 + 75 BPS.

13 long trades + 339 BPS.
13 short trades + 103 BPS.
22 intra-day trades + 288 BPS.
4 multi-day trades + 154 BPS.
Stocks net + 442 BPS.

Return on account for the week + 1.68 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 78 days.
Shortest trade duration:  5 mins.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


A quieter week on the equity markets. Commodity stocks were strong this week, with BP and  Shell making new 30 day highs on Tuesday.

Another difficult week's trading, finding scalp trades mainly, well short of my weekly 2.5% benchmark return.

September was a fairly active month for me, I made 108 trades, and the net return was 9.12 %, slightly lower than in August (although I made fewer trades in August).

Hoping for some decent trading opportunities next month.



Stay disciplined.

Stay focussed.

Stay humble.

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