Trading Summary Week Ended 8th May 2020

15 Trades:

4 BP + 288 BPS.
2 GLEN + 3,501 BPS.
1 STAN + 334 BPS.
8 UK100 + 79 BPS.

4 long trades + 58 BPS.
11 short trades + 4,144 BPS.
13 intra-day trades + 434 BPS.
2 multi-day trade + 3,768 BPS.
Total trades net + 4,202 BPS.

Return on account for the week + 0.41 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 147 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another four day week, due to the bank holiday to commemorate VE - Day.

A quieter week for me, markets were less volatile than they have been recently. The FTSE traded in a range from around 5700 to 5940...

Few trades and well below my 2.5% weekly benchmark.


Over the VE - Day holiday weekend in 1995, exactly twenty-five years ago, I was sailing my small boat, 'Sophie Too' from Lymington in Hampshire down to Poole Harbour, via a night's stay tied up to the key in Christchurch. Great fun, and the weather was perfect. I still recall the strength of the ebb tidal race as we shot out of Christchurch harbour the next morning, it can exceed six knots in the 'run' according to the almanac...
The beer(s) in the pub in Christchurch tasted pretty good too. Gales I think it was.
Happy memories. Seems like yesterday.

Poole Harbour:

Lots of info on Christchurch here: https://eoceanic.com/sailing/harbours/485/

Our lock down here is due to be eased on Monday, which I'm looking forward to. Will be able to travel up and down the coast a bit.

Looking forward to more trading opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.