Trading Summary Week Ended 24th March 2023 (Week 12)

10 Trades:

1 UK 100 + 141 BPS.

9 US 500 - 583 BPS.

8 long trades - 350 BPS.
2 short trade - 92 BPS.
7 intraday trades + 26 BPS.
3 multi-day trades - 468 BPS.

Total trades net  - 422 BPS.
Net points - 132.5.

Return on account for the week: - 1.65 % net.

P:L ratio: 0.45:1.
Days traded: 5.
Longest trade duration: 33 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week in the equity markets.

I took losses on the SPX. A pair of poor trades, not a great week for me.

We had the Fed rate announcement, plus 25 BPS as expected, and markets initially headed higher, until Powell started speaking.

 

Over the week, the SPX was actually positive, + 1.39 %, as was the Nasdaq and the FTSE.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.