Trading Summary Week 21 2023

 

17 Trades:

17 US 500 + 26 BPS.

17 long trades + 26 BPS.
No short trades.
17 intraday trades + 26 BPS.
No multi-day trades.

Total trades net  + 26 BPS.
Net points + 10.7.

Return on account for the week: + 3.65 % net.

P:L ratio: N/A.
Days traded: 5.
Longest trade duration: 118 min.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A reasonable week for me on the equity markets.

I was mainly trading the pre-market, using the implied gap strategy I've mentioned here before. I still need to run profitable trades longer though.

Above my 2.5% weekly bench mark, but I still have plenty of room for improvement. 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 19th May 2023 (Week 20)

 

11 Trades:

11 US 500 + 13 BPS.

11 long trades + 38 BPS.
No short trades.
11 intraday trades + 13 BPS.
No multi-day trades.

Total trades net  + 13 BPS.
Net points + 5.6.

Return on account for the week: + 1.94 % net.

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

Thoughts

A challenging week on the equity markets.

I made a few points, but failed to run a couple of good trades.

I was just scalping the SPX 500.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 12th May 2023 (Week 19)

 

9 Trades:

9 US 500 - 3 BPS.

8 long trades - 20 BPS.
1 short trade + 17 BPS.
8 intraday trades + 14 BPS.
1 multi-day trade - 17 BPS.

Total trades net  - 3 BPS.
Net points - 1.1.

Return on account for the week: - 0.4 % net.

P:L ratio: 0.93:1.
Days traded: 5.
Longest trade duration: 21 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A volatile week on the equity markets.

Not a great week for me.

 

Hoping for more opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week Ended 5th May 2023 (Week 18)

 

15 Trades:

15 US 500 + 38 BPS.

12 long trades + 38 BPS.
No short trades.
12 intraday trades + 38 BPS.
No multi-day trades.

Total trades net  + 38 BPS.
Net points + 15.7.

Return on account for the week: + 5.76 % net.

P:L ratio: N/A.
Days traded: 5.
Longest trade duration: 31 min.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another very volatile week on the equity markets.

The main event was the Fed rate announcement.

Rates were raised, as expected.

I was just scalping the SPX 500.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week Ended 28th April 2023 (Week 17)

 

12 Trades:

12 US 500 + 40 BPS.

12 long trades + 40 BPS.
No short trades.
12 intraday trades + 40 BPS.
No multi-day trades.

Total trades net  + 40 BPS.
Net points + 16.5.

Return on account for the week: + 6.44 % net.

P:L ratio: N/A.
Days traded: 5.
Longest trade duration: 38 min.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A better week on the equity markets.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week Ended 21st April 2023 (Week 16)

 

17 Trades:

2 UK 100 - 933 BPS.

15 US 500 + 58 BPS.

17 long trades + 69 BPS.
1 short trades - 944 BPS.
14 intraday trades + 28 BPS.
3 multi-day trades - 903 BPS.

Total trades net  - 875 BPS.
Net points - 649.5.

Return on account for the week: - 1.17 % net.

P:L ratio: 0.4:1.
Days traded: 5.
Longest trade duration: 32 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Yet another very poor week for me.

I took losses on a position on the FTSE. Really poor trade management.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 14th April 2023 (Week 15)

5 Trades:

1 UK 100 + 89 BPS.

4 US 500 - 638 BPS.

3 long trades - 209 BPS.
2 short trade - 1,308 BPS.
1 intraday trade + 5 BPS.
2 multi-day trades - 1,522 BPS.

Total trades net  - 1,517 BPS.
Net points - 537.4.

Return on account for the week: - 4.26 % net.

P:L ratio: 0.2:1.
Days traded: 3.
Longest trade duration: 240 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another very poor week for me.

I took losses on a few positions on the SPX.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 7th April 2023 (Week 14)

 

3 Trades:

3 US 500 - 638 BPS.

2 long trades - 136 BPS.
1 short trade - 502 BPS.
1 intraday trade + 2 BPS.
2 multi-day trades - 640 BPS.

Total trades net  - 638 BPS.
Net points - 251.4.

Return on account for the week: - 3.10 % net.

P:L ratio: 0.2:1.
Days traded: 2.
Longest trade duration: 48 days.
Shortest trade duration: 4 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Not a good week.

I took losses on the SPX.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 31st March 2023 (Week 13)

 

(I've been busy and haven't updated this blog for a few weeks..)

5 Trades:

5 US 500 + 5 BPS.

5 long trades + 5 BPS.
No short trades.
5 intraday trades + 5 BPS.
No multi-day trades.

Total trades net  + 5 BPS.
Net points + 2.

Return on account for the week: + 0.02 % net.

P:L ratio: 6.2:1.
Days traded: 2.
Longest trade duration: 36 min.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A bit of nothing week.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 24th March 2023 (Week 12)

10 Trades:

1 UK 100 + 141 BPS.

9 US 500 - 583 BPS.

8 long trades - 350 BPS.
2 short trade - 92 BPS.
7 intraday trades + 26 BPS.
3 multi-day trades - 468 BPS.

Total trades net  - 422 BPS.
Net points - 132.5.

Return on account for the week: - 1.65 % net.

P:L ratio: 0.45:1.
Days traded: 5.
Longest trade duration: 33 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week in the equity markets.

I took losses on the SPX. A pair of poor trades, not a great week for me.

We had the Fed rate announcement, plus 25 BPS as expected, and markets initially headed higher, until Powell started speaking.

 

Over the week, the SPX was actually positive, + 1.39 %, as was the Nasdaq and the FTSE.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 17th March 2023

 

39 Trades:

23 UK 100 + 499 BPS.

16 US 500 - 1,597 BPS.

12 long trades - 1,613 BPS.
27 short trade + 515 BPS.
28 intraday trades - 44 BPS.
11 multi-day trades - 1,054 BPS.

Total trades net  - 1,098 BPS.
Net points - 262.6.

Return on account for the week: - 2.25 % net.

P:L ratio: 0.69:1.
Days traded: 5.
Longest trade duration: 69 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another very volatile week in the equity markets.

I took losses on both the FTSE and the SPX. Really poor trades, held too long. Not a good week at all.

The FTSE closed at 7335.4. The index has now lost all the gains it has made this year, and it it just 21 trading days since it made an all time high (8047.06).

 

Next week we the Fed rate announcement, which will no doubt have a big effect on the markets.

 

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

 

Trading Summary Week Ended 10th March 2023

 

43 Trades:

3 UK + 29 BPS.

40 US 500 + 328 BPS.

25 long trades - 813 BPS.
18 short trade + 1,170 BPS.
33 intraday trades + 159 BPS.
10 multi-day trades + 198 BPS.

Total trades net  + 357 BPS.
Net points + 153.75.

Return on account for the week: + 1.77 % net.

P:L ratio: 1.35:1.
Days traded: 5.
Longest trade duration: 17 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A very challenging week. The main event was the Fed chairman's testimony before congress.

Yet again he managed to spook the equity markets.

And on Friday we had the Non - farm payrolls, which caused a fair bit of volatility.

The collapse of the Silicon Valley Bank weighed on market sentiment too.

Overall, equity indices were down on the week:

FTSE 100: - 198.7 (2.5 %).

SPX: - 184.05 (4.55 %).

NASDAQ: - 460.53 (3.75 %).

DJI: - 1,481.33 (4.44 %).

Next week we have more inflation data (Tuesday CPI and Wednesday PPI), I expect more volatility,

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 3rd March 2023

19 Trades:

1 UK 100 + 1 BPS.

18 US 500 - 143 BPS.

15 long trades - 213 BPS.
4 short trade + 71 BPS.
14 intraday trades + 32 BPS.
5 multi-day trades - 174 BPS.

Total trades net  + 142 BPS.
Net points - 59.

Return on account for the week: - 0.42 % net.

P:L ratio: 0.5:1.
Days traded: 4.
Longest trade duration: 28 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Not a great week, equity markets were volatile again, I missed a very strong rally late on Friday, and also closed some positions which I should have closed earlier.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 24th February 2023

32 Trades:

1 UK 100 + 1 BPS.

31 US 500 + 117 BPS.

20 long trades - 75 BPS.
6 short trade + 193 BPS.
29 intraday trades + 140 BPS.
3  multi-day trades - 22 BPS.

Total trades net  + 118 BPS.
Net points + 47.5

Return on account for the week + 0.71 % net.

P:L ratio 2.7:1.
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

I'm finally getting this journal up to date.

A smallish profit, but I left a lot of money on the table.

US markets were pretty week, with the SPX breaking below 4,000 again. The index closed the week at 3,970, which is over 100 points lower than the close last Friday, and 2.61 % down so far in February. 

The Nasdaq and Dow were weaker too.

Still well below my 2.5 % weekly benchmark.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 17th February 2023

25 Trades:

25 US 500 + 297 BPS.

21 long trades + 862 BPS.
4 short trade - 565 BPS.
20 intraday trades + 36 BPS.
5  multi-day trades + 261 BPS.

Total trades net  + 297 BPS.
Net points + 128.7

Return on account for the week +1.32 % net.

P:L ratio 1.56:1.
Days traded: 5.
Longest trade duration: 26 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another small profit this week.

Still well below my 2.5 % weekly benchmark.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 10th February 2023

 24 Trades:

24 US 500 + 43 BPS.

23 long trades + 39 BPS.
1 short trade + 4 BPS.
24 intraday trades + 43 BPS.
0  multi-day trades.

Total trades net  + 43 BPS.
Net points + 17.7

Return on account for the week + 0.33 % net.

P:L ratio N/A.
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another small profit this week.

Still well below my 2.5 % weekly benchmark.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 3rd February 2023

27 Trades:

27 US 500 + 577 BPS.

19 long trades + 654 BPS.
8 short trade - 77 BPS.
23 intraday trades + 78 BPS.
4  multi-day trades + 499 BPS.

Total trades net  + 577 BPS.
Net points + 230.2.

Return on account for the week + 2.2 % net.

P:L ratio 5.4:1.
Days traded: 5.
Longest trade duration: 21 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A better week's trading for me.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 27th January 2023

25 Trades:

1 UK 100 + 2 BPS.

25 US 500 + 30 BPS.

20 long trades + 473 BPS.
6 short trade - 386 BPS.
21 intraday trades + 30 BPS.
5  multi-day trades + 57 BPS.

Total trades net  + 87 BPS.
Net points + 53.7

Return on account for the week + 0.62 % net.

P:L ratio N/A.
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another small profit this week.

Still well below my 2.5 % weekly benchmark.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 20th January 2023

19 Trades:

1 UK 100 + 1 BPS.

18 US 500 + 65 BPS.

17 long trades + 52 BPS.
2 short trade + 14 BPS.
17 intraday trades + 60 BPS.
2  multi-day trades + 6 BPS.

Total trades net  + 66 BPS.
Net points + 25.8

Return on account for the week + 0.33 % net.

P:L ratio N/A.
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A small profit this week.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 13th January 2023

11 Trades:

11 US 500 + 169 BPS.

11 long trades + 169 BPS.
0 short trades.
10 intraday trades + 30 BPS.
1  multi-day trades + 139 BPS.

Total trades net  + 169 BPS.
Net points + 57.3

Return on account for the week + 0.71 % net.

P:L ratio N/A.
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration: 1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A modestly profitable week.

Hoping for more opportunities, and better results next week.

Stay disciplined.
Stay focussed.
Stay humble.