Friday, June 18, 2021

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.

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