Friday, August 13, 2021

Trading Summary Week Ended 13th August 2021

24 Trades:

1 AAL + 468 BPS.
1 ETH + 37 BPS.
9 US500 + 11 BPS.
1 US30 + 2 BPS.
12 UK100 + 249 BPS.

19 long trades  + 762 BPS.
5 short trades + 5 BPS.
19 intra-day trades + 72 BPS.
5 multi-day trades + 695 BPS.
Total trades net  + 767 BPS.

Return on account for the week + 5.17 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 37 days.
Shortest trade duration: < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


A better week's trading.

The FTSE broke through 7200, making a new 52 week high, whilst the SPX and DJIA made new all time highs (again).

Buying the dips is still the most profitable strategy at the moment.

More than double my 2.5 % weekly bench mark.

At some point, we will see some profit taking in the stock markets, but timing it is a fool's game.

This weekend we have the start of the Vuelta a Espana. Should be an interesting race.

Looking forward to more trading opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

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