Friday, June 23, 2023

Trading Summary Week 25 2023

  

24 Trades:

24 US 500 + 92 BPS.

19 long trades + 18 BPS.
5 short trades + 74 BPS.
22 intraday trades + 49 BPS.
2 multi-day trades + 43 BPS.
Total trades net  + 92 BPS.
Net points + 40.13.

Return on account for the week: + 10.38 % net.
P:L ratio: 143.9:1.
Days traded: 5.
Longest trade duration: 149 min.
Shortest trade duration: <1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


A tricky week's trading.

Indices across the pond pulled back after the holiday on Monday, with the SPX stalling above the 4,400 level.

Later in the week markets declined further.

I'm not sure where we go from here, maybe we will test the May lows (just above 4100 on the SPX), I guess it depends on how much more tightening the Fed is going to do.

 

Hoping for more opportunities, and better results next week.



Stay disciplined.
Stay focussed.
Stay humble.

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