Friday, December 13, 2019

Trading Summary Week Ended 13th December 2019

14 Trades:


2 AAL + 327 BPS.
3 BP + 918 BPS.
1 FRES + 153 BPS.
1 GLEN + 298 BPS.
1 MTRO + 292 BPS.
6 UK100 + 66 BPS.

5 long trades + 377 BPS.
9 short trades + 1677 BPS
6 intraday trades + 334 BPS.
8 multi-day trades  + 1720 BPS.
Total trades net + 2054 BPS.

Return on account for the week + 0.64 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 71 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts



Quite a week. On Thursday we had the general election, so I was up at five am on Friday to watch the results as they came in. A big majority for the Conservatives sparked a rally, with the banks particularly strong.
The China - US trade issues continued to move the commodity and equity markets.

In the US the SPX made yet another new all time high.

Again below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

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