8 Trades:
2 BHP + 42 BPS.
8 long trades + 69 BPS.
0 short trades.
7 intraday trades + 47 BPS.
1 multi-day trade + 22 BPS.
Total trades net + 69 BPS.
Return on account for the week + 0.08 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration: 8 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
The first full trading week of the new year. Not a great start for me.
On the equity markets, FTSE was range - bound for most of the week, trading down to 7525 and as high as 7632.
The US markets continued their march ever higher, after selling off on Tuesday night (after Iran retaliated against the US over the killing of a senior military officer), before quickly resuming the rally. On Friday both the SPX 500 and the Dow made new all time highs. All dips are still being bought.
Below my weekly 2.5% benchmark.
Looking forward better trading opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
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