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.
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.)
A volatile week, equities began the week breaking below 6,950 on the FTSE, before rebounding to over 7,130.
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.
Stay focussed.
Stay humble.
No comments:
Post a Comment