41 Trades:
2 AAL + 35 BPS.
39 UK100 + 419 BPS.
9 long trades + 35 BPS.
32 short trades + 419 BPS.
32 intra-day trades + 343 BPS.
9 multi-day trades + 111 BPS.
Total trades net + 454 BPS.
Return on account for the week + 5.28 % net.
Return on account for the week + 5.28 % net.
P:L ratio 142.6:1.
Days traded: 5.
Longest trade duration: 29 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)
Another volatile week on the equity markets.
Days traded: 5.
Longest trade duration: 29 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Another volatile week on the equity markets.
Markets reacted bearishly to more signs of inflation in the US and the UK.
Over the pond, the SPX made yet another new all time high on Wednesday, while the DJIA made a new all time closing high earlier in the week.
The FTSE broke below 7010, trading as low as 7005 on Thursday. We then had a rebound on Friday morning, which was also expiry on the FTSE futures and options, before breaking back below 7000 later in the day, finally closing at 7008.10.
The medium term chart is looking less bullish, with the index closing below the 50 DMA and the 21 EMA, although still above the 200 DMA.
A decent week by my standards, over double my 2.5 % benchmark. I left plenty of money on the table though.
The Tour de France enters the end game this weekend, with Tadej Pogacar looking pretty invincible in the maillot jaune. Can Cavendish take another stage I wonder ?
A win on the Champs on Sunday would be a dream for him.
Looking forward to more trading opportunities next week, and TDF action this weekend.
Stay disciplined.
Stay focussed.
Stay humble.
Stay focussed.
Stay humble.
No comments:
Post a Comment