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.
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