Trading Summary Week Ended 30th April 2021

28 Trades:

1 BARC + 58 BPS.

27 UK100 + 122 BPS.

25 long trades  + 174 BPS.
3 short trades + 6 BPS.
26 intra-day trades + 134 BPS.
2 multi-day trades + 46 BPS.

Total trades net  + 180 BPS.

Return on account for the week + 2.69 % net.

P:L ratio 24.4:1.
Days traded: 5.
Longest trade duration: 14 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A better week's trading.

Markets were bullish, with the SPX making yet more new all time highs, breaking above 4,200 for the first time.

On Thursday we saw quite a bit of volatility, when the FTSE tested the 7,020

level early in the day, then just after 12:30 GMT, it dropped very rapidly to the 6950s... and then retested 7,000.

Here is a 3 minute chart showing the move, notice the selling reverses right at the 1st 30 minute low line, marked in red:

I made a couple of very poor trade exits, net return was just above my 2.5 % benchmark.

For the month of April, I made 116 trades for a net return of 18.03 %. It would be nice to get that above 20 %.

Hoping for further decent returns next month.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 23rd April 2021

28 Trades:

28 UK100 - 272 BPS.

23 long trades  + 61 BPS.
2 short trades - 333 BPS.
26 intra-day trades + 86 BPS.
2 multi-day trades - 358 BPS.

Total trades net  - 272 BPS.

Return on account for the week - 1.22 % net.

P:L ratio 0.5:1.
Days traded: 5.
Longest trade duration: 26 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another difficult week on the equity markets.

The FTSE made a new high for the year on Monday, before selling off very sharply on Tuesday, falling by 2.6% from Monday's high. 

Crude was weaker, as were the commodity stocks, and that's a big chunk of the FTSE.

The market then bounced and by the close on Friday, the FTSE was down just over one point for the week.

US stocks were also weaker, maybe the market is waking to to the tax policies of the Biden administration, but by Friday the SPX has made yet another all time high at 4194.2

Not a great week, a smallish loss but still not nice.

Hopefully better figures next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 16th April 2021

24 Trades:

24 UK100 + 248 BPS.

23 long trades  + 248 BPS.
No short trades.
19 intra-day trades + 65 BPS.
4 multi-day trades + 183 BPS.

Total trades net  + 248 BPS.

Return on account for the week + 4.58 % net.

P:L ratio 885.7:1.
Days traded: 5.
Longest trade duration: 8 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A volatile week on the equity market.

Again over the pond, US indices made new all time highs, every dip was bought.

I saw this posted on Twitter by @NorthmanTrader on Friday, sums up the equity markets over the pond:

'96.39 % of $SPX components are above the 2000 MA a new all time record'

On the FTSE, we made consecutive new highs for 2021 on Thursday and Friday, after crude oil was bid higher.

I made some poor exits, mostly closing longs too soon. I was 100 percent on the long side, as the market was so bullish.

Here's another chart showing the first 30 minute levels on the FTSE...

This was Thursday morning, again the green line formed support.

I had PC problems over a couple of days this week, which got in the way of trading.

Well ahead of my 2.5 % weekly benchmark.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 9th April 2021

32 Trades:

32 UK100 + 342 BPS.

30 long trades  + 336 BPS.
2 short trades + 6 BPS.
28 intra-day trades + 336 BPS.
4 multi-day trades + 200 BPS.

Total trades net  + 342.

Return on account for the week + 10.01 % net.

P:L ratio 162:1.
Days traded: 4.
Longest trade duration: 22 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A better week on the equity market.

Markets were bullish, with the US indices making yet more new all time highs, the FTSE made a new high for 2021, but is still well off the all time highs.

Fairly busy by my standards, given that it was another four day week, after the Easter long weekend.

Made a few very poor exits, leaving plenty of profit on the table, but still well ahead of my 2.5 % benchmark.

 

Looking forward to more opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 2nd April 2021

22 Trades:

22 UK100 - 149 BPS.

16 long trades  + 118 BPS.
5 short trades - 267 BPS.
18 intra-day trades + 52 BPS.
4 multi-day trades - 201 BPS.

Total trades net  - 149 BPS.

Return on account for the week - 1.98 % net.

P:L ratio 0.6:1.
Days traded: 4.
Longest trade duration: 28 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A poor week overall on the equity market.

I closed a poor short early in the week, then made back some of the loss. A short week due to the easter holidays.

The FTSE sold off sharply on Wednesday afternoon, before bouncing on Friday.

Meanwhile over the pond, US indices made new all time highs, it seems nothing can dampen the euphoria.

For the month of March, I made 197 trades and a net return of 21.7 %.

Here's another chart showing the first 30 minute levels on the FTSE...

This was Friday morning, quite a nice chart I think...

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.