Friday, July 07, 2023

Trading Summary Week 27 2023

  

15 Trades:

15 US 500 + 338 BPS.

12 long trades + 252 BPS.
2 short trades + 86 BPS.
10 intraday trades + 3 BPS.
5 multi-day trades  + 335 BPS.
Total trades net  + 338 BPS.
Net points + 148.4.

Return on account for the week: + 17.77 % net.
P:L ratio: 7.3:1.
Days traded: 3.
Longest trade duration: 14 days.
Shortest trade duration: <1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


A volatile week on the equity markets.

Very challenging trading conditions. A couple of very poor (early) exits. 

Markets were closed for the fourth of July holiday on Tuesday, and Monday was a shortened session. 

We saw a sell off on the indices on Wednesday and Thursday, 

Above my 2.5 % weekly bench mark.
 
Hoping for more opportunities, and better results next week.



Stay disciplined.
Stay focussed.
Stay humble.

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