Friday, November 12, 2021

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.

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