Trading Summary Week Ended 27th March 2020

38 Trades:

2 AAL + 2,890 BPS.
1 BHP + 55 BPS.
3 BP + 5,108 BPS.
3 FRES + 218 BPS.
1 GLEN + 205 BPS.
28 UK100 + 7,217 BPS.

8 long trades + 254 BPS.
30 short trades + 15,439 BPS.
32 intra-day trades + 1,056 BPS.
6 multi-day trade + 14,637 BPS.
Total trades net + 15,693 BPS.

Return on account for the week + 12.01 % net.
P:L ratio 828:1.
Days traded: 5.
Longest trade duration: 174 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week on the global equity markets.

Markets reacted to news on the Corona virus, with the FTSE breaking below 5000 on Monday, before rallying over 9% on Tuesday.
Looking back over the historical data, this was the second biggest percentage rise since the index was formed in 1984. Only 24 Nov 2008 was greater, at 9.84 %. Oddly enough, that's my birthday.
Over the week, the index was up 320 points, or 6.16 %.

Another active week, with over 30 trades completed.
A good week's trading for me, with the emphasis on the short side (79%).
Quite stressful though.
Well above my weekly 2.5% benchmark.

Expecting more volatility and opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.