16 Trades:
3 AAL + 1142 BPS.
1 BP + 95 BPS.
2 FRES + 800 BPS.
2 MTRO + 1998 BPS.
7 UK100 + 137 BPS.
10 long trades + 2062 BPS.
6 short trades + 2110 BPS.
6 intra-day trades + 68 BPS.
10 multi-day trades + 4104 BPS.
Total trades net + 4172 BPS.
Return on account for the week + 5.37 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 238 days.
Shortest trade duration: 5 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
A short week as I had business away from my desk on Monday. Commodity stocks were strong with the FTSE mining index making its seventh higher high on Friday.
FTSE rallied back above 7000, after selling off to 6734 on Monday, a rebound of over 4%. The index was driven by the likes of BP and Shell, as well as the miners, but the financials didn't join the rally.
Well above my 2.5% weekly benchmark.
In the month of January I closed 102 trades for a net return of 12.8%. Stocks accounted for 59% of profits (higher than December).
Looking forward to decent opportunities in February.
Stay disciplined.
Stay focussed.
Stay humble.
Stay disciplined.
Stay focussed.
Stay humble.
No comments:
Post a Comment