Trading Summary Week 05 2024

         

34 Trades:

5 UK 100 + 176 BPS.

26 US 500 + 553 BPS.

3 US 100 + 7 BPS.

24 long trades + 1,309 BPS.
10 short trades - 573 BPS.
23 intraday trades + 51 BPS.
11 multi-day trades + 685 BPS.

Total trades net  + 736 BPS.
Net points + 409.84.

Return on account for the week: + 8.24 % net.

P:L ratio: 1.9:1.
Days traded: 5.
Longest trade duration: 36 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

I had quite a busy week on the equity markets.

We had two market moving events - the Fed rate decision on Wednesday, and the non farm payrolls on Friday before the cash open.

Pretty volatile markets. The SPX, DJI and the Nasdaq all made new all time highs again on Friday.

There's no sign that this bull market is done just yet.

I made some poor trades, caught some of the volatility.

Well above my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week 04 2024

         

15 Trades:

4 UK 100 + 12 BPS.

11 US 500 + 42 BPS.

13 long trades + 367 BPS.
2 short trades - 313 BPS.
12 intraday trades + 23 BPS.
8 multi-day trades + 31 BPS.

Total trades net  + 54 BPS.
Net points + 30.90.

Return on account for the week: - 1.47 % net.

P:L ratio: 0.8:1.
Days traded: 4.
Longest trade duration: 29 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

A difficult week's trading.

Intraday was OK, poor short swing trades. And funding of the swing positions cost more than I lost on the trades.

Below my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 03 2024

       

35 Trades:

2 UK 100 + 11 BPS.

33 US 500 - 220 BPS.

23 long trades + 482 BPS.
12 short trades - 691 BPS.
21 intraday trades + 43 BPS.
14 multi-day trades - 252 BPS.

Total trades net  - 209 BPS.
Net points - 93.59.

Return on account for the week: - 5.78 % net.

P:L ratio: 0.6:1.
Days traded: 5.
Longest trade duration: 17 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

Another poor week.

Intraday was good, but a few poor short trades killed my P&L.

Well south of my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 02 2024

        

23 Trades:

2 UK 100 + 1 BPS.

21 US 500 - 134 BPS.

19 long trades - 176 BPS.
4 short trades + 42 BPS.
15 intraday trades + 19 BPS.
8 multi-day trades - 153 BPS.

Total trades net  - 134 BPS.
Net points - 63.87.

Return on account for the week: - 3.44 % net.

P:L ratio: 0.6:1.
Days traded: 5.
Longest trade duration: 14 days.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

A difficult week's trading.

I made some very poor trade exits.

Below my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week 01 2024

          

24 Trades:

24 US 500 - 50 BPS.

17 long trades - 212 BPS.
7 short trades + 162 BPS.
20 intraday trades + 64 BPS.
4 multi-day trades - 114 BPS.

Total trades net  - 50 BPS.
Net points - 24.13.

Return on account for the week: + 2.48 % net.

P:L ratio: 1.6:1.
Days traded: 4.
Longest trade duration: 1 day.
Shortest trade duration: 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

Markets started 2024 on the back foot.

All the main indices were weaker, the SPX was down 1.52 %, the Nasdaq 3.23 %.

Friday's NFP number produced a lot of volatility on the futures, and I could have traded it better.

 

I made money on my intraday trades, but lost on a couple of overnight positions.

 

The reason I'm showing a profit despite a loss in terms of points is that the intraday trades were much larger that the overnight trades.

 

Below my 2.5 % weekly benchmark.

 

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.
Stay focussed.
Stay humble.