Sunday, February 26, 2023

Trading Summary Week Ended 24th February 2023

32 Trades:

1 UK 100 + 1 BPS.
31 US 500 + 117 BPS.

20 long trades - 75 BPS.
6 short trade + 193 BPS.
29 intraday trades + 140 BPS.
3  multi-day trades - 22 BPS.
Total trades net  + 118 BPS.
Net points + 47.5

Return on account for the week + 0.71 % net.
P:L ratio 2.7:1.
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


I'm finally getting this journal up to date.

A smallish profit, but I left a lot of money on the table.

US markets were pretty week, with the SPX breaking below 4,000 again. The index closed the week at 3,970, which is over 100 points lower than the close last Friday, and 2.61 % down so far in February. 

The Nasdaq and Dow were weaker too.

Still well below my 2.5 % weekly benchmark.

Hoping for more opportunities, and better results next week.



Stay disciplined.
Stay focussed.
Stay humble.

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