Friday, October 08, 2021

Trading Summary Week Ended 8th October 2021

24 Trades:

1 AAL + 84 BPS.
15 US500  + 318 BPS.
1 US30 + 4 BPS.
7 UK100 + 176 BPS.

11 long trades  + 102 BPS.
13 short trades + 480 BPS.
17 intra-day trades + 166 BPS.
7 multi-day trades + 416 BPS.
Total trades net  + 582 BPS.

Return on account for the week + 4.52 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 8 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.

Indices sold off again, with the SPX trading back below 4,200 on Monday, before staging a strong rally back to 4400.

A better week, but I should have been more patient with the longs on the SPX. 

Still, well above my 2.5 % weekly bench mark.

Here is the one hour chart of the SPX, showing the rally off the lows:



Away from the markets, we've been spoiled for choice with pro cycling recently, we had the World Championships, with Julian Alaphilipe holding onto the rainbow jersey in a wonderful race. 
Then an amazing Paris - Roubaix in the mud last Sunday, that was absolutely spectacular.
And on Saturday we have Il Lombardia. 

Looking forward to more opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

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