Friday, January 04, 2019

Trading Summary Week Ended 4th January 2019

25 Trades:


3 AAL + 272 BPS.
1 BHP + 41 BPS.
1 BP + 107 BPS.
2 FRES + 134 BPS.
3 GLEN + 152 BPS.
1 RDSB + 8 BPS.
13 UK100 + 198 BPS.

7 long trades + 462 BPS.
18 short trades + 576 BPS.
16 intra-day trades + 241 BPS.
9 multi-day trades + 797 BPS.
Total trades net + 1038 BPS.

Return on account for the week + 2.79 % net.
P:L ratio N/A.
Days traded: 3.5.
Longest trade duration: 27 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Another short week due to the New Year holiday.

Not many decent trades. The FTSE found some strength after dipping under 6600 on New Year's eve. We saw a powerful rally on Friday after US payrolls were better than the market expected.
Over my 2.5% weekly benchmark.

For the month of December I made 157 trades and made a return of just under 24%, which was my best month of the year.

Looking forward to more opportunities in the year ahead.



Stay disciplined.

Stay focussed.

Stay humble.


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