20 Trades:
2 BHP + 46 BPS.
2 GLEN + 277 BPS.
1 MCRO + 452 BPS.
15 UK100 + 154 BPS.
4 long trades - 219 BPS.
16 short trades + 1148 BPS.
12 intra-day trades + 252 BPS.
8 multi-day trades + 677 BPS.
Total trades net + 929 BPS.
Return on account for the week + 1.22 % net.
P:L ratio 3.3:1.
Days traded: 5.
Longest trade duration: 78 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Another volatile week on the equity markets.
The FTSE made a low of 7020.22 on Thursday, over 9% below the recent highs made at the end of July.
We saw more weakness in the commodity sector, despite strength in gold and silver.
The FTSE was down 137 points over the week, after a modest rally on Friday.
Below my 2.5% weekly benchmark.
Looking forward to more trading opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
No comments:
Post a Comment