Friday, July 14, 2023

Trading Summary Week 28 2023

   

12 Trades:

12 US 500 - 181 BPS.

6 long trades + 320 BPS.
6 short trades - 501 BPS.
4 intraday trades + 41 BPS.
8 multi-day trades  - 222 BPS.
Total trades net  - 181 BPS.
Net points - 78.

Return on account for the week: - 12.03 % net.
P:L ratio: 0.60:1.
Days traded: 3.
Longest trade duration: 18 days.
Shortest trade duration: <1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


Not a good week for me.
 

Markets rallied after CPI data came out on Wednesday, and PPI on Thursday.

The SPX, Nasdaq and the Dow made new 2023 highs this week.

Took losses on a couple of poor multi - day (short) trades.

Not a disaster, but really not great.
 
Hoping for more opportunities, and better results next week.



Stay disciplined.
Stay focussed.
Stay humble.

No comments: