Friday, November 22, 2019

Trading Summary Week Ended 22nd November 2019

8 Trades:


2 FRES + 714 BPS.
6 UK100 - 498 BPS.

3 long trades - 186 BPS.
5 short trades + 402 BPS
2 intraday trades + 22 BPS.
6 multi-day trades  + 194 BPS.
Total trades net + 216 BPS.

Return on account for the week - 0.92 % net.
P:L ratio 0.23:1.
Days traded: 5.
Longest trade duration: 113 days.
Shortest trade duration:  16 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts



A difficult, frustrating week on the equity markets.
The FTSE made a high for the week above 7400 on Tuesday, then sold off over 200 points to trade below 7200 on Thursday, before rallying on Friday and ending the week positive.
Meanwhile, in the US the SPX made a new all time high, above 3125.

Not a good return, well below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

No comments: