Friday, May 26, 2023

Trading Summary Week Ended 5th May 2023 (Week 18)

 

15 Trades:

15 US 500 + 38 BPS.

12 long trades + 38 BPS.
No short trades.
12 intraday trades + 38 BPS.
No multi-day trades.
Total trades net  + 38 BPS.
Net points + 15.7.

Return on account for the week: + 5.76 % net.
P:L ratio: N/A.
Days traded: 5.
Longest trade duration: 31 min.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


Another very volatile week on the equity markets.

The main event was the Fed rate announcement.

Rates were raised, as expected.


I was just scalping the SPX 500.

Hoping for more opportunities, and better results next week.



Stay disciplined.
Stay focussed.
Stay humble.

 

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