7 Trades:
7 US 500 + 17 BPS.
No short trades.
7 intraday trades + 17 BPS.
No multi-day trades.
Total trades net + 17 BPS.
Net points + 7.93.
Net points + 7.93.
Return on account for the week: + 3.01 % net.
P:L ratio: N/A.
Days traded: 2.
Longest trade duration: 20 min.
Shortest trade duration: <1 min.
(All PNL expressed in basis points for the purpose of comparison.)
Days traded: 2.
Longest trade duration: 20 min.
Shortest trade duration: <1 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
Another very challenging week on the equity markets.
On Wednesday, we had another Fed rate announcement, and press conference afterwards.
Markets were very bullish running into the announcement, but sold off after the press conference. This has been the pattern for a while, I think the market has little confidence in Powell.
Scalped a few points but missed some big moves.
Over my 2.5 % weekly benchmark.
Hoping for more opportunities, and better results next week.
Stay disciplined.
Stay focussed.
Stay humble.
Stay focussed.
Stay humble.
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