Friday, July 05, 2019

Trading Summary Week Ended 5th July 2019

26 Trades:


1 BHP + 224 BPS.
2 FRES + 34 BPS.
1 GLEN - 7 BPS.
2 MTRO + 120 BPS.
1 STAN + 402 BPS.
19 UK100 + 1154 BPS.

22 long trades + 1812 BPS.
4 short trades + 115 BPS.
11 intra-day trades + 186 BPS.
15 multi-day trades + 1741 BPS.
Total trades net + 1927 BPS.

Return on account for the week + 5.79 % net.
P:L ratio 1765:1.
Days traded: 5.
Longest trade duration: 272 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Another busy week.

The FTSE made four consecutive daily higher highs for the year. Then on Friday we saw a bit of  selling,  as most of the commodity stocks fell.

Most of my profit came from trading the index, one of my better weeks for 2019 and well north of my 2.5% weekly benchmark for a change.


Meanwhile, the heatwave continues.
And away from the markets, this weekend marks the start of the greatest sporting competition of the year - The Tour de France, so I shall try and watch as of the race much as I can, whilst keeping an eye on the equity markets.


Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

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