Trading Summary Week 26 2023

  

9 Trades:

9 US 500 + 47 BPS.

7 long trades + 226 BPS.
2 short trades - 179 BPS.
6 intraday trades + 167 BPS.
3 multi-day trades - 120 BPS.

Total trades net  + 47 BPS.
Net points + 21.52.

Return on account for the week: + 4.04 % net.

P:L ratio: 1.6:1.
Days traded: 5.
Longest trade duration: 9 days.
Shortest trade duration: <1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Not an easy week in the equity markets.

Indices across the pond made a new 2023 high on Friday, with the SPX peaking  above the 4,450 level. The Nasdaq broke above 15,200, having rallied 6.49 % in June. The Nasdaq is now up 38 % since the end of 2022.

I made a couple of poor trades, but still ended the week with a profit.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.