21 Trades:
1 AAL + 49 BPS.
1 BHP + 96 BPS.
2 BP + 20 BPS.
1 FRES + 49 BPS.
1 GLEN + 15 BPS.
15 UK100 + 160 BPS.
9 long trades + 270 BPS.
12 short trades + 119 BPS.
14 intra-day trades + 164 BPS.
7 multi-day trades + 225 BPS.
Total trades net + 389 BPS.
Return on account for the week + 1.71 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 9 days.
Shortest trade duration: 2 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Another difficult week. The FTSE sold off midweek but rallied strongly on Friday to just under 7000.
BREXIT filled the headlines this week, as the Commons voted against the PM's deal, and then the government managed to scrape through a vote of no confidence. Cable was very volatile, and this moved the commodity stocks around a fair bit.
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.
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