Friday, October 15, 2021

Trading Summary Week Ended 15th October 2021

34 Trades:

24 US500  + 267 BPS.
10 UK100 + 29 BPS.

11 long trades  + 4 BPS.
23 short trades + 292 BPS.
29 intra-day trades + 74 BPS.
5 multi-day trades + 222 BPS.
Total trades net  + 296 BPS.

Return on account for the week + 2.38 % net.
P:L ratio 8.3:1.
Days traded: 5.
Longest trade duration: 21 days.
Shortest trade duration: < 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


A difficult week on the equity markets.

The SPX traded down below 4330, then rallied up above 4460 on Friday, when we had expiry.

The FTSE also broke above 7200 for the first time since August, helped by a strong rally on the commodity stocks after the recent weakness. 

Tricky trading, I missed a few very good moves.

Short of my 2.5 % weekly bench mark.

Looking forward to more opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

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