Monday, July 13, 2020

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.

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