Saturday, August 26, 2023

Trading Summary Week 34 2023

    

13 Trades:

13 US 500 - 115 BPS.

9 long trades - 38 BPS.
4 short trades - 77 BPS.
7 intraday trades - 53 BPS.
6 multi-day trades - 62 BPS.
Total trades net  - 115 BPS.
Net points - 51.1.

Return on account for the week: - 6.47 % net.
P:L ratio: 0.3:1.
Days traded: 4.
Longest trade duration: 9 days.
Shortest trade duration: <1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


A very challenging week on the equity markets.

We saw a sharp sell off on Thursday late in the day, before a rally back above 4400 on Friday. The Nasdaq was very volatile, with a range of over 300 BPS on Thursday.

Not a great week.

Hoping for more opportunities, and better results next week.



Stay disciplined.
Stay focussed.
Stay humble.

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