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.