Saturday, February 08, 2020

Trading Summary Week Ended 7th February 2020

7 Trades:


1 BP + 338 BPS.
1 GLEN + 28 BPS.
5 UK100 - 120 BPS.

4 long trades + 73 BPS.
3 short trades - 140 BPS.
5 intraday trades + 83 BPS.
2 multi-day trade - 150 BPS.
Total trades net - 67 BPS.

Return on account for the week - 0.24 % net.
P:L ratio 0.4:1.
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Not a great start to February. Another difficult week, the equity markets were weak on Monday, before rallying into Thursday. The FTSE finished up 2.48% over the course of the week.

Well below  my weekly 2.5% benchmark.

Looking forward better trading opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

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