Friday, October 09, 2020

Trading Summary Week Ended 9th October 2020

 

13 Trades:


1 BP + 32 BPS.
12 UK100 + 52 BPS.

8 long trades  + 41 BPS.
5 short trades  + 43 BPS.
13 intra-day trades + 84 BPS.
No multi-day trades.
Total trades net  + 84 BPS.

Return on account for the week + 0.05 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 171 min.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Another tricky week on the equity markets. 

Equity markets were stronger, with the FTSE breaking above 6000 towards the end of the week.

Oil & gas stocks found some buyers, as did the mining stocks.

Well below my 2.5 % bench mark.
 
Hopefully better trading next week.

Looking at what is happening in the wider world of economics, I thought this video by George Gammon was very interesting...






Stay disciplined.
Stay focussed.
Stay humble.

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