Trading Summary Week 36 2023

      

18 Trades:

18 US 500 + 61 BPS.

9 long trades - 64 BPS.
9 short trades + 125 BPS.
15 intraday trades + 48 BPS.
3 multi-day trades + 13 BPS.

Total trades net  + 61 BPS.
Net points + 26.90.

Return on account for the week: + 1.91 % net.

P:L ratio: 1.4:1.
Days traded: 4.
Longest trade duration: 2 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A fairly busy week's trading, although Monday was a holiday in the US.

Markets were weaker, with some big falls on the Nasdaq due to weakness in Apple.

We tested the zone above 4510 on Tuesday on the SPX, but it didn't hold.

September is a notoriously poor month for equities.

Well short of my 2.5 % weekly benchmark.

Hoping for more opportunities, and better trade executions next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week 35 2023

     

10 Trades:

10 US 500 + 38 BPS.

9 long trades + 94 BPS.
1 short trades - 56 BPS.
7 intraday trades + 5 BPS.
3 multi-day trades + 33 BPS.

Total trades net  + 38 BPS.
Net points + 17.11.

Return on account for the week: + 1.27 % net.

P:L ratio: 1.4:1.
Days traded: 4.
Longest trade duration: 15 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Not a great week's trading.

I missed a couple of very good moves intraday, closing way too soon, I need to scale out more.

Well short of my 2.5 % weekly benchmark.

Hoping for more opportunities, and better trade executions next week.

Stay disciplined.
Stay focussed.
Stay humble.