17 Trades:
1 AAL + 211 BPS.
3 BHP + 319 BPS.
2 BP + 60 BPS.
1 FRES + 29 BPS.
1 GLEN + 171 BPS.
1 MTRO + 1467 BPS.
8 UK100 + 78 BPS.
8 long trades + 790 BPS.
9 short trades + 1545 BPS.
8 intra-day trades + 81 BPS.
9 multi-day trades + 2254 BPS.
Total trades net + 2335 BPS.
Return on account for the week + 1.98 % net.
P:L ratio 13.4:1.
Days traded: 5.
Longest trade duration: 123 days.
Shortest trade duration: 8 min.
(All PNL expressed in basis points for the purpose of comparison.)
(Net return is lower than the BPS total might suggest as the MTRO trade was small).
Thoughts
A quieter week.
Equity markets were slightly firmer, after an early sell off.
BREXIT was postponed, even though the political class has had over two and a half years to sort it out. I think we have the most useless politicians this country has ever seen.
Well below my 2.5% weekly benchmark, I made a couple of very poor trade exists.
My return for the month was just over 11.6 %, with 70 trades made.
Looking forward to better trading opportunities next month.
Stay disciplined.
Stay focussed.
Stay humble.
Stay focussed.
Stay humble.
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