26 Trades:
5 AAL + 587 BPS.
4 BHP + 435 BPS.
1 BP - 629 BPS.
4 FRES + 263 BPS.
3 GLEN - 658 BPS.
9 UK100 + 138 BPS.
20 long trades + 1483 BPS.
6 short trades - 1347 BPS.
14 intra-day trades + 759 BPS.
12 multi-day trades - 623 BPS.
Total trades net + 136 BPS.
Return on account for the week + 1.81 % net.
P:L ratio 2.5:1.
Days traded: 5.
Longest trade duration: 37 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
First full week after the New Year holiday.
Very difficult trading conditions, markets rallied strongly off the lows of the Christmas week, with the FTSE hitting 7000 again on Friday morning, before selling off later.
Took a few losses on BP and GLEN shorts (very poorly timed entries on both), offset by gains on BHP, AAL and UK100.
Well short of my 2.5% weekly benchmark.
Looking forward to better trading next week.
Stay disciplined.
Stay focussed.
Stay humble.
Stay disciplined.
Stay focussed.
Stay humble.
No comments:
Post a Comment