Trading Summary Week 51 2023

          

16 Trades:

16 US 500 + 526 BPS.

15 long trades + 971 BPS.
1 short trade - 445 BPS.
10 intraday trades + 12 BPS.
6 multi-day trades + 514 BPS.

Total trades net  + 526 BPS.
Net points + 244.44.

Return on account for the week: + 29.10 % net.

P:L ratio: 3.6:1.
Days traded: 3.
Longest trade duration: 141 days.
Shortest trade duration: < 1 min.
All PNL expressed in basis points (BPS) for the purpose of comparison.

Thoughts

A better week on the equity markets.

I missed a few decent opportunities. 

 

Markets were strong in the run up to Christmas.

The Nadsaq made new all time highs, above 16,860, as did the Dow..

The SPX is still well off the all time highs made in 2021.

 

North of my 2.5 % weekly benchmark.

 

Next week will probably see be lighter volume. I'm typing this on Christmas day, having just returned from a couple of days in Bologna. A truly stunning city from an architectural point of view.

A great break, but back to the market tomorrow.

Hoping for more opportunities, and better trading next week.

 

Stay disciplined.

Stay focussed.
Stay humble.