Trading Summary Week Ended 25th June 2021

22 Trades:

3 AAL + 166 BPS.

19 UK100 + 213 BPS.

13 long trades  + 212 BPS.
9 short trades + 167 BPS.
18 intra-day trades + 147 BPS.
4 multi-day trades + 232 BPS.

Total trades net  + 379 BPS.

Return on account for the week + 2.09 % net.

P:L ratio N/A.
Days traded: 5.
Longest trade duration: 25 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A volatile week, equities began the week breaking below 6,950 on the FTSE, before rebounding to over 7,130.

Miners and oil stocks were bullish after last week's sell off.

The FTSE keeps testing the 21 EMA, but closing above it. So overall the picture remains bullish, being above the 50 and 200 DMAs too. We are entering the summer holiday period though, when trading volumes tend to be lower.

Short of my 2.5 % weekly benchmark, I made a few poor exits.

Away from the markets, we have the greatest sporting competition of the year starting this weekend, yes the Tour de France starts in Bretagne this year, and so I'll be paying close attention to the action for the next three weeks. Mark Cavendish is back at the Tour this year after a couple of years absence, and he seems to be on good form now he's back with his old Deceuninck-Quickstep team.

Looking forward to trading, and bike racing next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 18th June 2021

22 Trades:

22 UK100 + 380 BPS.

21 long trades  + 320 BPS.
2 short trades + 60 BPS.
17 intra-day trades + 37 BPS.
4 multi-day trades + 343 BPS.

Total trades net  + 380 BPS.

Return on account for the week + 2.81 % net.

P:L ratio 983:1.
Days traded: 5.
Longest trade duration: 40 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another difficult week, markets were bullish midweek with FTSE making a new 52 week high above 7200. It then retreated below 7,050 on Friday after expiry.

Commodity stocks were very weak, which weighed on the index, gold and silver also sold off.

Above my 2.5 % weekly benchmark, even though I should have pushed the shorts more aggressively.

Looking forward to better performance next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 11th June 2021

11 Trades:

11 UK100 + 78 BPS.

10 long trades  + 70 BPS.
1 short trades + 8 BPS.
6 intra-day trades + 50 BPS.
1 multi-day trades + 28 BPS.

Total trades net  + 78 BPS.

Return on account for the week + 0.55 % net.

P:L ratio 3.8:1.
Days traded: 5.
Longest trade duration: 5 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A pretty difficult week, markets were generally bullish, after some weakness on Monday, when the FTSE dipped to the low 7040s. All dips were bought.

Over the pond, the SPX made new all time highs again.

Well short of my 2.5 % weekly benchmark.

Looking forward to better performance next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 4th June 2021

18 Trades:

18 UK100 - 450 BPS.

10 long trades  + 89 BPS.
8 short trades - 539 BPS.
14 intra-day trades + 45 BPS.
1 multi-day trades - 495 BPS.

Total trades net  - 450 BPS.

Return on account for the week - 1.80 % net.

P:L ratio 0.4:1.
Days traded: 4.
Longest trade duration: 70 days.
Shortest trade duration:  < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A poor week, took a hit on a short position that I should have cut earlier.

The markets were weaker, although in the US the SPX finished the week above 4,200.

Well below my 2.5 % weekly benchmark.

Looking forward to better numbers next week.

Stay disciplined.
Stay focussed.
Stay humble.