Trading Summary Week Ended 24th July 2020

12 Trades:

1 FRES + 530 BPS.
11 UK100 + 117 BPS.

10 long trades + 588 BPS.
2 short trades  + 59 BPS.
9 intra-day trades + 53 BPS.
3 multi-day trades + 594 BPS.
Total trades net  + 647 BPS.

Return on account for the week + 0.19 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 18 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week on the equity markets.

Equities sold off on Thursday and Friday, whilst precious metals rallied, gold neared the $ 1900 level, whist silver traded above $ 23. The Gold/silver ratio has fallen from the 120 level we saw in March, back to the low 80s.
The strength of precious metals saw FRES making new 52 week highs this week.
For the week, the FTSE lost 166 points, or 2.65 %.

A poor week's trading for me.
Well below my 2.5% benchmark.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 17th July 2020

10 Trades:

1 BP + 599 BPS.
2 FRES + 1,221 BPS.
7 UK100 + 270 BPS.

9 long trades + 1,491 BPS.
1 short trades  + 599 BPS.
6 intra-day trades + 62 BPS.
6 multi-day trades + 2,028 BPS.
Total trades net  + 2,090 BPS.

Return on account for the week + 0.45 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 363 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week on the equity markets.

The FTSE rallied 195 points or 3.2 % over the week, commodity stocks were strong with RIO and FRES making new 52 week highs. Gold and silver also saw more strength.

Not a very good week for me, I closed a long way too soon, and also missed some good long opportunities. Well below my 2.5% benchmark.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 10th July 2020

12 Trades:

3 BHP - 7,313 BPS.
9 UK100 - 210 BPS.

3 long trades - 1,947 BPS.
9 short trades  - 5,576 BPS.
6 intra-day trades + 24 BPS.
6 multi-day trades - 7,547 BPS.
Total trades net  - 7,523 BPS.

Return on account for the week - 1.68 % net.
P:L ratio 0.08:1.
Days traded: 5.
Longest trade duration: 588 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week on the equity markets.

We saw a sell-off on Thursday, before a rally on Friday. Oil stocks were hit.
Over the week, the FTSE lost 62 points, or 1.01 %.

Not a very good week for me, well below my 2.5% benchmark.

During June, I made 151 trades and a net return of 0.82 %.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 3rd July 2020

12 Trades:

12 UK100 + 372 BPS.

12 long trades + 372 BPS.
No short trades.
10 intra-day trades + 185 BPS.
12 multi-day trade + 187 BPS.
Total trades net + 372 BPS.

Return on account for the week + 0.34 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 6 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week on the equity markets.

Over the week, the FTSE lost just 2 points, or 0.03 %.

Not a very good week for me, well below my 2.5% benchmark.

During June, I made 151 trades and a net return of 0.82 %.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.