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.