Trading Summary Week Ended 26th November 2021

59 Trades:

29 US 500 + 932 BPS.

14 US 100 + 90 BPS.

16 UK 100 + 171 BPS.

52 long trades + 1,910 BPS.
7 short trades - 717 BPS.
48 intra-day trades + 305 BPS.
11 multi-day trades + 888 BPS.

Total trades net + 1,193 BPS.

Return on account for the week + 8.57 % net.

P:L ratio 4.66:1.
Days traded: 5.
Longest trade duration: 80 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A volatile week in the equity markets.

Markets were fairly quiet heading into the Thanksgiving holiday in the US.

Then news of yet another new COVID variant in South Africa caused a sharp sell off on Friday morning, with the Dow being over a thousand points down at one point (although at recent levels, a thousand points is not the huge drop it was a few years ago).

Crude oil was very weak, helping push the FTSE commodity stocks lower.

A decent week, although I missed some good trades. Friday was busy, and I closed 19 trades on the day.

Well above my 2.5 % bench mark.

Hoping for more opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 19th November 2021

34 Trades:

5 US 500 + 706 BPS.

10 US 100 + 73 BPS.

19 UK 100 + 48 BPS.

29 long trades + 1,149 BPS.
5 short trades - 322 BPS.
26 intra-day trades + 88 BPS.
8 multi-day trades + 739 BPS.

Total trades net + 827 BPS.

Return on account for the week + 4.59 % net.

P:L ratio 3.18:1.
Days traded: 5.
Longest trade duration: 99 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week in the equity markets.

We saw some more market volatility.

The SPX made another new all time closing high on Thursday, then FTSE sold off after expiry on Friday, testing the 7,200 level. 

Crude oil was weaker, helping push the FTSE commodity stocks lower.

I had a friend over in the early part of the week, so that was a bit of a distraction.

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

The COVID situation seems to be getting worse here in Europe, with Austria going back into lock down and possibly Germany too. This news led to quite a sell off in equities on Friday.

Hoping for more opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 12th November 2021

40 Trades:

2 AAL - 558 BPS.

16 US 500  + 39 BPS.

17 US 100 + 172 BPS.

6 UK 100 + 308 BPS.

20 long trades  + 1,579 BPS.
20 short trades - 1,618 BPS.
30 intra-day trades + 154 BPS.
10 multi-day trades - 193 BPS.

Total trades net  - 39 BPS.

Return on account for the week + 5.25 % net.

P:L ratio 1.83:1.
Days traded: 5.
Longest trade duration: 68 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A long and very challenging five days in the equity markets.

Markets were very volatile, especially the Nasdaq. The FTSE briefly broke 7,400 for the first time since the COVID19 crash. The SPX was weaker, and did not test the 4,718.50 high we saw last week.

 

I spent a few long days watching the screens, and it was tiring. Still, double my 2.5% bench mark. 

The negative BPS figure is due to the two trades on AAL being very small compared to the index 

trades, (about 1/20th of the size.)

Hoping for for more opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 5th November 2021

39 Trades:

1 STAN + 48 BPS.

18 US500  + 536 BPS.

10 US 100 + 89 BP.

10 UK100 + 289 BPS.

21 long trades  + 1,043 BPS.
18 short trades - 81 BPS.
35 intra-day trades + 183 BPS.
4 multi-day trades + 779 BPS.

Total trades net  + 962 BPS.

Return on account for the week + 2.90 % net.

P:L ratio 4.15:1.
Days traded: 5.
Longest trade duration: 58 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.

Markets continued to make new highs, with the SPX, DJI and the Nasdaq all making new all time highs.

The FTSE made a new high for 2021 on Friday, above 7,300.

The SPX has now more than doubled since last March.  Astonishing. The Dow has made a similar move.

 

I made some very poor exits, basically not running longs, especially on the US indices, this is truly a buy the dips and hold market.  

Hoping for for more opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.