Friday, August 20, 2021

Trading Summary Week Ended 20th August 2021

60 Trades:

2 BHP + 156 BPS.
39 US500 + 138 BPS.
19 UK100 - 220 BPS.

32 long trades  - 79 BPS.
28 short trades + 153 BPS.
56 intra-day trades + 392 BPS.
4 multi-day trades - 318 BPS.
Total trades net  + 74 BPS.

Return on account for the week + 3.40 % net.
P:L ratio 2.49:1.
Days traded: 5.
Longest trade duration: 36 days.
Shortest trade duration: < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


A very volatile week on the equity markets.

The US markets sold off after the latest release of minutes from the FOMC, after making a new all time highs on both the SPX and the Dow on Monday.

The debacle in Afghanistan didn't help sentiment.

Above my 2.5 % weekly bench mark, despite some very poor trade entries and exits.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

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