Saturday, February 22, 2020

Trading Summary Week Ended 21st February 2020

12 Trades:

3 BP + 352 BPS.
9 UK100 + 55 BPS.

8 long trades + 53 BPS.
4 short trades + 354 BPS.
9 intra-day trades + 56 BPS.
2 multi-day trade + 351 BPS.
Total trades net + 407 BPS.

Return on account for the week + 0.18 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 64 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Another difficult week on the equity markets.
Made a couple of very premature exits, especially after the FTSE tested the 7350 zone on Tuesday morning, it then rallied to 7462.
Crude oil found a bid after the recent weakness.

Well below  my weekly 2.5% benchmark.

Looking forward better trading opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

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