Friday, October 12, 2018

Trading Summary Week Ended 12th October 2018

41 Stock Trades:


5 AAL + 172 BPS.
2 BLT + 205 BPS.
5 BP + 111 BPS.
1 FRES + 41 BPS.
4 GLEN + 147 BPS.
3 MCRO + 58 BPS.
3 RR - 225 BPS.
2 STAN + 25 BPS.
16 UK100 + 432 BPS.

15 long trades + 100 BPS.
26 short trades + 866 BPS.
29 intra-day trades + 681 BPS.
6 multi-day trades + 285 BPS.
Stocks net + 966 BPS.

Return on account for the week + 4.56 % net.
P:L ratio 22.4:1.
Days traded: 5.
Longest trade duration: 190 days.
Shortest trade duration:  5 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Quite a week ! The markets took a big swing lower during the week, the FTSE traded below 7000 for a short time. In fact the FTSE closed the week at 6995.91, down 4.41% on last Friday's close. Certainly a lot of volatility for the active trader.

Over my weekly 2.5% benchmark return for a change, first time since September.

Made a few poor entries and exits, it was one of those weeks when you really couldn't leave the screens for long at all.

Hoping for some decent trading opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

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