32 Trades:
4 BP + 263 BPS.
2 GLEN + 3,189 BPS.
26 UK100 + 208 BPS.
18 long trades + 165 BPS.
14 short trades + 3,495 BPS.
28 intra-day trades + 359 BPS.
4 multi-day trade + 3,301 BPS.
Total trades net + 3,660 BPS.
Return on account for the week + 0.49 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 273 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
A four day week on the equity markets, after the bank holiday.
Equity markets saw more strength, and the FTSE broke above 6200 on Thursday, making a post COVID19 high at 6234.
The mining sector was strong, with AAL, BHP, GLEN and RIO all making 30 day highs.
Over the week, the FTSE gained 83.32 points or 1.39 %.
Over the month of May, it gained 2.97 %.
A difficult week, well below my 2.5% weekly benchmark.
For the the month of May, I made 116 trades and a net profit of 7.25 %.
Looking forward to more opportunities next month.
Stay disciplined.
Stay focussed.
Stay humble.
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