Friday, December 10, 2021

Trading Summary Week Ended 10th December 2021

67 Trades:

8 US 500 + 70 BPS.
56 US 100 + 560 BPS.
3 UK 100 + 27 BPS.

41 long trades + 401 BPS.
26 short trades + 256 BPS.
60 intra-day trades + 341 BPS.
7 multi-day trades + 316 BPS.
Total trades net + 657 BPS.

Return on account for the week + 4.14 % net.
P:L ratio 5.46:1.
Days traded: 5.
Longest trade duration: 90 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


More volatility on the equity markets.
The US market recovered from last Friday's steep drop, and the SPX traded back above 4710.
Then on Thursday we saw some weakness on both the SPX and the Nasdaq, before a rally on Friday after the CPI data was released.

US markets are still very near the all time highs, and we are in the most bullish period of the year, so it would not surprise me to see new all time highs before year end.

I made the majority of trades on the Nasdaq, with a total of £ 736 k traded on it during the week (compared to just £ 64 k on the SPX and £ 22 k on the FTSE).

Well above my 2.5 % weekly benchmark.
Hoping for more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

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