Trading Summary Week Ended 15th September 2017

No trades this week.

Trading Summary Week Ended 8th September 2017

No trades this week.

Trading Summary Week Ended 1st September 2017

No trades this week.

Trading Summary Week Ended 18th August 2017

1 Stock Trades:

1 AAL + 1428 BPS.


1 long trade + 1428 BPS.
No short trades.
No intra-day trades.
1 multi-day trades + 1428 BPS.

Stocks net + 1428 BPS.

Return on account for the week +6.82 % net.
P:L ratio N/A.
Days traded: 1.
Longest trade duration: 34 days.
Shortest trade duration: 34 days.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quiet week.

Looking forward to a better week next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 11th August 2017

4 Stock Trades:

4 AAL - 2639 BPS.


2 long trades + 1980 BPS
2 short trades - 4619 BPS.
No intra-day trades.
4 multi-day trades - 2639 BPS.

Stocks net - 2639 BPS.

Return on account for the week - 18.53 % net.
P:L ratio 0.39:1.
Days traded: 1.
Longest trade duration: 119 days.
Shortest trade duration: 15 days.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another poor week.

Took a hit on a couple of short positions.

Looking forward to a better week next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 4th August 2017

No trades this week.

Trading Summary Week Ended 28th July 2017

1 Stock Trade:

1 AAL + 523 BPS.


1 long trade + 523 BPS
No short trades.
No intra-day trades.
1 multi-day trads + 523 BPS.

Stocks net + 523 BPS.

Return on account for the week + 2.7 % net.
P:L ratio N/A.
Days traded: 1.
Longest trade duration: 64 days.
Shortest trade duration: 64 days.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quiet week.

Didn't trade for most of the week.

Looking forward to a better week next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 21st July 2017

4 Stock Trades:

2 BLT - 1512 BPS.
2 RIO - 1243 BPS.

2 long trades + 171 BPS
2 short trades - 2927 BPS.
No intra-day trades.
4 multi-day trades - 2755 BPS.

Stocks net - 2755 BPS.

Return on account for the week - 12.78 % net.
P:L ratio 0.05:1.
Days traded: 1.
Longest trade duration: 96 days.
Shortest trade duration: 13 days.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another poor week.

Took a hit on a couple of short positions that I held too long.

Looking forward to a better week next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 14th July 2017

25 Stock Trades:

7 AAL - 599 BPS.
13 BLT - 380 BPS.
5 GLEN + 300 BPS.

23 long trades + 731 BPS
2 short trades - 1410 BPS.
6 intra-day trades + 216 BPS.
19 multi-day trades - 895 BPS.

Stocks net - 679 BPS.

Return on account for the week - 1.03 % net.
P:L ratio 0.85:1.
Days traded: 5.
Longest trade duration: 90 days.
Shortest trade duration: 4 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Not a good week.

Took a hit on a couple of short positions that I held too long.
Well below my 2.5% weekly benchmark.

Some poor entries and exits.

Looking forward to a better week next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 7th July 2017

21 Stock Trades:

3 AAL - 145 BPS.
9 BLT + 160 BPS.
3 GLEN + 281 BPS.
6 RIO + 507 BPS.

18 long trades + 948 BPS
3 short trades - 145 BPS.
8 intra-day trades + 93 BPS.
13 multi-day trades + 710 BPS.

Stocks net + 803 BPS.

Return on account for the week + 4.87 % net.
P:L ratio 2.52:1.
Days traded: 5.
Longest trade duration: 84 days.
Shortest trade duration: 34 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week.

Above my 2.5% weekly benchmark.

Some poor entries and exits.

Looking forward to more opportunities and some quality cycle racing next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 30th June 2017

14 Stock Trades:

3 AAL + 154 BPS.
6 GLEN + 241 BPS.
5 RIO + 440 BPS.

8 long trades + 559 BPS
6 short trades + 276 BPS.
9 intra-day trades + 422 BPS.
5 multi-day trades + 413 BPS.

Stocks net + 835 BPS.

Return on account for the week + 6.16 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 16 days.
Shortest trade duration: 37 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile and challenging week's trading.

We saw a rally on the miners towards the end of the week, not sure what drove that (I have learned that it's pointless to try and find reasons for these moves, as a wise trader once said, 'the market moves because it has to').

Anyway, I traded the volatility. A moderately busy week by my standards at just under three trades per day.

Above my 2.5% weekly benchmark.

Of course, the greatest sporting event on the planet starts on Saturday (tomorrow), so I'll be trying to trade whilst keeping an eye on the likes of Alberto Contador, Richie Porte, Mark Cavandish, Chris Froome, Nairo Quintana etc...

Looking forward to more opportunities and some quality racing next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 23rd June 2017

11 Stock Trades:

6 AAL + 523 BPS.
4 GLEN - 337 BPS.
1 RIO + 12 BPS.

1 long trades - 554 BPS
10 short trades + 752 BPS.
1 intra-day trades + 53 BPS.
10 multi-day trades + 145 BPS.

Stocks net + 198 BPS.

Return on account for the week + 1.67 % net.
P:L ratio 1.45:1.
Days traded: 5.
Longest trade duration: 17 days.
Shortest trade duration: 111 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another very challenging week's trading. Miners sold off again this week, crude and other commodities were also weak.

Some very difficult trading conditions, and I made a couple of very poor trade exits.
I managed to end the week positive, but not sure if it was worth the stress.
Well below my 2.5% weekly benchmark.

Looking forward to more opportunities, and to trade them better, next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 16th June 2017

12 Stock Trades:

8 AAL + 318 BPS.
1 GLEN + 30 BPS.
3 RIO + 126 BPS.

2 long trades + 62 BPS
10 short trades + 412 BPS.
8 intra-day trades + 226 BPS.
4 multi-day trades + 248 BPS.

Stocks net + 474 BPS.

Return on account for the week + 5.05 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 41 days.
Shortest trade duration: 6 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A very challenging week's trading.

The early part of the week was pretty quiet. then we saw a big sell off in mining and resource stocks on Wednesday afternoon, which continued into Thursday. Friday saw a weak rally.

AAL, RIO, BLT all made new 10 day lows on Thursday. AAL broke lower on Friday.

Made some very poor trade exists, closing a couple of short positions way too early. This is something I need to address.

North of my 2.5% weekly benchmark, but I could have more than doubled that return with better trade exits.

Looking forward to more opportunities, and to trade them better, next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 9th June 2017

14 Stock Trades:

7 AAL + 241 BPS.
2 GLEN + 34 BPS.
5 RIO + 86 BPS.

4 long trades + 84 BPS
10 short trades + 277 BPS.
9 intra-day trades + 277 BPS.
5 multi-day trades + 84 BPS.

Stocks  net + 361 BPS.

Return on account for the week + 3.72 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 28 days.
Shortest trade duration: 5 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A better week after last week's lacklustre performance.

We saw some volatility during the British election, when the Conservatives lost their majority. I bet Theresa May regrets calling that election now.

Made a couple of very poor trade exits, basically because I didn't want to take the risk of the markets making a big down move after the election. In the end, the mining sector was up on Friday morning, the weakness of sterling may have been a factor in that rise.

North of my 2.5% weekly benchmark.

Looking forward to more opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 2nd June 2017

6 Stock Trades:

1 GLEN + 11 BPS.
5 RIO + 73 BPS.

5 long trades + 75 BPS
1 short trade + 9 BPS.
4 intra-day trades + 67 BPS.
2 multi-day trades + 17 BPS.

Stocks  net + 84 BPS.

Return on account for the week + 0.90 % net.
P:L ratio N/A.
Days traded: 3.
Longest trade duration: 2 days.
Shortest trade duration: 9 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A four day week after the bank holiday in the UK.

Well below my 2.5% benchmark. I struggled to find many opportunities.

Hoping for more opportunities next week, when we have the general election in Great Britain. Should produce some volatility.


Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 26th May 2017

14 Stock Trades:

1 AAL + 16 BPS.
4 BLT + 199 BPS.
3 GLEN + 49 BPS.
6 RIO + 350 BPS.

12 long trades + 583 BPS.
2 short trades + 31 BPS.
10 intra-day trades + 257 BPS.
4 multi-day trades + 357 BPS.

Stocks  net + 614 BPS.

Return on account for the week + 6.03 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 6 days.
Shortest trade duration: 12 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another tough week's trading.

Well above my 2.5% benchmark. Stocks on my regular list traded in tight ranges for most of the week. I caught a few decent moves early in the week.

Hoping for more opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 19th May 2017

15 Stock Trades:

2 AAL + 89 BPS.
1 BLT + 2 BPS.
6 GLEN + 101 BPS.
6 RIO - 5 BPS.

5  long trades + 132 BPS.
9 short trades + 56 BPS.
11 intra-day trades + 160 BPS.
3 multi-day trades + 27 BPS.

Stocks  net + 187 BPS.

Return on account for the week + 1.91 % net.
P:L ratio 4.2:1.
Days traded: 3.
Longest trade duration: 14 days.
Shortest trade duration: 3 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A tough week, miners saw some strength in the early part of the week.

I made some very poor entries and exits, all in all a very difficult week.

I was away from Thursday after noon visiting the UK.

Well below my 2.5% benchmark.

Hoping for more opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 12th May 2017

13 Stock Trades:

1 AAL + 14 BPS.
4 BLT + 70 BPS.
4 GLEN + 51 BPS.
4 RIO + 48 BPS.

4 long trades + 70 BPS.
9 short trades + 113 BPS.
9 intra-day trades + 114 BPS.
4 multi-day trades + 69 BPS

Stocks  net + 183 BPS.

Return on account for the week + 1.86 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 6 days.
Shortest trade duration: 9 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A tough week, shares on my watch list were rangebound during the early part of the week.

Well below my 2.5% benchmark.

Hoping for more opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 5th May 2017

17 Stock Trades:

7 AAL + 399 BPS.
4 BLT + 65 BPS.
4 GLEN + 163 BPS.
2 RIO + 50 BPS.

4 long trades + 52 BPS.
13 short trades + 625 BPS.
13 intra-day trades + 585 BPS.
4 multi-day trades + 92 BPS

Stocks  net + 677 BPS.

Return on account for the week + 7.48 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 5 days.
Shortest trade duration: 7 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another shortened  due to the May day bank holiday

We had a sell off in the mining sector on Thursday, then a rebound on Friday.
This weekend we have the results of the 2nd round of the French election (a very French way to organise things I reckon).

Macron is forecast to win it, but there is an outside chance that Marine may become president of the republic, and that would spook the markets, especially the Euro.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 28th April 2017

29 Stock Trades:

8 AAL + 493 BPS.
2 BARC + 54 BPS.
3 BLT + 45 BPS.
5 GLEN + 202 BPS.
8 RIO + 206 BPS.
3 STAN + 42 BPS.


7 long trades + 238 BPS.
22 short trades + 804 BPS.
19 intra-day trades + 393 BPS.
10 multi-day trades + 649 BPS

Stocks  net + 1042 BPS.

Return on account for the week + 15.11 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 6 days.
Shortest trade duration: 1 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A five day week after a couple of short weeks due to Easter.

Monday saw a strong open, after Macron won the first round of the French elections.

Miners rallied on Monday but sold off on Tuesday, a downgrade of BLT, RIO and AAL from Goldmans didn't help.

Wednesday was very volatile with earnings out for STAN and GSK, also a production update from BLT.
We had another sell off in the mining sector on Thursday afternoon, then a rebound on Friday.
And then BARC announced disappointing results on Friday morning, after which the shares sank more than 5%.
In other words, ideal trading conditions.

Well  above my 2.5% benchmark, and the best week of the year so far.
Just under six trades per day average.

Hoping for more weeks like this. Next week is another four day week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 21st April 2017

28 Stock Trades:

7 AAL + 152 BPS.
2 BARC + 25 BPS.
5 BLT + 122 BPS.
14 RIO + 252 BPS.

6 long trades + 92 BPS.
22 short trades + 459 BPS.
21 intra-day trades + 335 BPS.
7 multi-day trade + 216 BPS.

Stocks net + 551 BPS.

Return on account for the week + 8.12 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 22 days.
Shortest trade duration: 3 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A four day week due to the Easter Monday bank holiday in the UK. 

A very volatile week, miners sold off heavily on Tuesday after the long weekend. They rallied on Friday after RIO issued a production update, only to sell off again later in the day.
Pretty busy by my standards with an average of seven trades per day.
Made some poor entries and a couple of very poor exits (including a short on RIO closed  3152, after which RIO broke down to 3080).

Well above my 2.5% benchmark, which is good.

Hoping for more opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 14th April 2017

13 Stock Trades:

6 AAL + 90 BPS.
4 BLT + 68 BPS.
1 GLEN + 14 BPS.
2 RIO + 20 BPS.

7 long trades + 101 BPS.
6 short trades + 91 BPS.
12 intra-day trades + 187 BPS.
1 multi-day trade + 5 BPS.

Stocks net + 192 BPS.

Return on account for the week + 3.04 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 1 day.
Shortest trade duration: 2 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A four day week due to the Good Friday bank holiday in the UK. 

Struggled to find decent trading opportunities this week. Miners sold off on Wednesday and Thursday as metal prices weakened.

Hoping for more opportunities next week (also a four day week).



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 7th April 2017

17 Stock Trades:

10 AAL + 188 BPS.
1 BARC + 16 BPS.
3 BLT + 33 BPS.
3 GLEN + 129 BPS.

9 long trades + 151 BPS.
8 short trades + 215 BPS.
14 intra-day trades + 196 BPS.
3 multi-day trades  + 170 BPS.

Stocks net + 366 BPS.

Return on account for the week + 5.21 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 15 days.
Shortest trade duration: 2 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A decent week's trading.

Well north of my 2.5% benchmark, in fact my best week of 2017.
A good start to the month.

Struggled to find decent trading opportunities early in the week, but Thursday and Friday saw more volatility. I made a couple of very poor trade exits.
Miners were strong midweek but sold off towards the weekend.

Hoping for more opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 31st Mar 2017

15 Stock Trades:

5 AAL + 148 BPS.
8 GLEN + 194 BPS.
2 RIO + 12 BPS.


4 long trades + 74 BPS.
11 short trades + 280 BPS.
10 intra-day trades + 274 BPS.
5 multi-day trade  + 80 BPS.

Stocks net + 354 BPS.

Return on account for the week + 5.3 % net.
P:L ratio 181:1.
Days traded: 5.
Longest trade duration: 6 days.
Shortest trade duration: 3 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A busy week's trading.

We saw plenty of volatility on the mining sector, and crude oil was weak early on, although it rallied into the weekend.

Well north of my 2.5% benchmark.

Hoping for some opportunities in April.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 24th Mar 2017

9 Stock Trades:

6 AAL + 77 BPS.
2 BARC + 23 BPS.
1 BLT + 19 BPS.

5 long trades + 72 BPS.
4 short trades + 47 BPS.
9 intra-day trades + 119 BPS.
No multi-day trades .

Stocks net + 119 BPS.

Return on account for the week + 1.84 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 360 min.
Shortest trade duration: 4 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another difficult week's trading.

Equities on my watch list traded in pretty narrow ranges. Hard to spot opportunities.

And I had other non trading stuff to attend to.

Well short of my 2.5% benchmark. I'm up a decent percentage for the month and I don't want to give any of that away, so I'll be vary selective in my trades during the last week of March.


Hoping for some opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 17th Mar 2017

11 Stock Trades:

4 AAL + 223 BPS.
6 BLT + 77 BPS.
1 GLEN +  45 BPS.

3 long trades + 138 BPS.
8 short trades + 207 BPS.
7 intra-day trades + 158 BPS.
4 multi-day trades + 187 BPS.

Stocks net + 345 BPS.

Return on account for the week + 4.84 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration: 2 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week's trading.

Equities on my watch list traded in pretty narrow ranges. Hard to spot opportunities.
BP declined after last weeks bid speculation - I guess I could have held my short over the weekend but that seemed a bit risky given that the bid could have been announced and the shares could have gapped up 10%.

Miners were very active on Thursday after AAL jumped up over 10% on bid news, the other miners were also very volatile. I shorted AAL but closed too early. Ditto BLT - I practically shorted the high of the week. BLT was very challenging to trade this week, felt like the algos were playing games with it (which they probably were).

Well north of my 2.5% benchmark. I'm up over 13% for the month and I don't want to give any of that away, so I'll be vary selective in my trades during the next two weeks.

I have plotted a breakdown of my trades by hour of entry over the last two months:

The first hour is by far the most profitable.

Hoping for some opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 10th Mar 2017

15 Stock Trades:

3 AAL + 35 BPS.
2 BARC + 16 BPS.
2 BLT + 34 BPS.
2 BP + 77 BPS.
2 GLEN + 105 BPS.
2 RDSB + 51 BPS.
2 SL + 28 BPS.

9 long trades + 228 BPS.
6 short trades + 118 BPS.
12 intra-day trades + 248 BPS.
2 multi-day trades + 98 BPS.

Stocks net + 346 BPS.

Return on account for the week + 4.90 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration: 2 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A decent week's trading.

Well north of my 2.5% weekly target.

Miners saw a big sell - off on Thursday, as did crude and oil stocks. Oils bounced back on Friday as the price of crude found some strength. BP spiked up on Friday after bid rumours naming Exxon as a possible bidder.

Friday we had US payrolls. So a volatile end to the week.

Some very poor entries and exits (including shorting AAL at over 1233 and closing for a couple of points, a couple of days later it dropped to the 1140s).
That's trading I suppose.

Hoping for some opportunities next week.




Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 3rd Mar 2017

10 Stock Trades:

3 AAL + 110 BPS.
3 BLT + 105 BPS.
4 GLEN + 65 BPS.

4 long trades + 48 BPS.
6 short trades + 232 BPS.
6 intra-day trades + 163 BPS.
4 multi-day trades + 117 BPS.

Stocks net + 280 BPS.

Return on account for the week + 3.98 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration: 3 minutes.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A really difficult week, some pretty poor trade entries and exits.

Still, managed to exceed my 2.5% weekly target.

Markets saw a huge rally after president Trump's speech on Tuesday night.
Lots of volatility on the mining stocks, in the US Alcoa was up nearly 10% on Wednesday.
Of course this didn't last, and the sector saw a sell off  at the end of the week.
Overall pretty pleased with my net result after a challenging week.

It's a lovely sunny Friday morning here, and I fancy an afternoon off cycling along the coast.

Hoping for some opportunities next week.




Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 24th Feb 2017

13 Stock Trades:

5 AAL + 135 BPS.
1 BARC + 16  BPS.
2 BLT + 26 BPS.
1 GLEN + 52 BPS.
1 HSBA + 3 BPS.
2 RBS + 36 BPS.
1 STAN + 16 BPS.

9 long trades + 180 BPS.
4 short trades + 104 BPS.

12 intra-day trades + 272 BPS.
1 overnight trade  + 12 BPS.

Stocks net + 284 BPS.

Return on account for the week + 3.63 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: overnight.
Shortest trade duration: 2 minutes.
No Index trades.

(All P & L expressed in basis points for the purpose of comparison.)

Thoughts

A very difficult week, struggled to make decent trades.
A couple of very poor entries and exists (shorted AAL at more or less the early high of the day and moved my stop down way too soon). Also managed to lock myself out on Thursday morning so managing an overnight position I had was somewhat tricky (!).

Stocks saw a very sharp sell-off on Thursday afternoon. Not sure what sparked that move. Friday was very volatile as well. The miners were very volatile.

Over my 2.5% weekly target.

I have been trying out a new charting package this week - Tradingview.com. The charts are pretty good, although I'm still not fully up to speed with the site. I was using MT4 but I can't find a decent feed for all the markets I watch. 

Hoping for some opportunities, (and fewer domestic issues) next week.




Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 17th Feb 2017

5 Stock Trades:

2 AAL + 191 BPS.
1 BARC + 18 BPS.
2 BLT + 97 BPS.

2 long trades + 45 BPS.
3 short trades + 262 BPS.

4 intra-day trades + 140 BPS.
1 overnight trade + 167 BPS.

Stocks net + 306 BPS.

Return on account for the week + 3.17 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration: 3 minutes.
No Index trades.

(All P/L expressed in basis points for the purpose of comparison.)

Thoughts

Not a bad week, although not many trade opportunities.
The miners and banks saw some decent volatility.
A couple of poor entries and exists.
Equities were strong early in the week, as the US indices made new all time highs. Not sure how long this bull run can continue, but it's not wise to fight it...

Bullish metals prices driving the miners too.

I exceeded my 2.5% weekly target.

Next week is a biggie for earnings:

21st Feb: AAL, BLT, HSBA.
22nd Feb : LLOY.
23rd Feb: BARC, GLEN.
24th Feb: RBS; STAN.

Should be some volatility.

Hoping for some opportunities next week.




Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 10th Feb 2017

7 Stock Trades:

2 BARC + 65 BPS.
1 BLT + 70 BPS.
2 BP + 34 BPS.
2 GLEN + 27 BPS.

5 long trades + 175 BPS.
2 short trades + 21 BPS.

6 intra-day trades + 126 BPS.
1 overnight trade + 70 BPS.

Stocks net + 196 BPS.

Return on account for the week + 3.68 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 2 days.
Shortest trade duration: 1 minute.
No Index trades.

Thoughts

A better week, the miners, oils & banks all saw some decent volatility.
Exceeded my 2.5% weekly target.

I made a couple of very poor (premature) exits, the net BPS figure could have been double, but that's trading. Miners had a pop on Friday after stronger then expected trade data from China.

Hoping for some opportunities next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 3rd Feb 2017

4 Stock Trades:

2 BARC + 42 BPS.
1 BT.A + 16 BPS.
1 GLEN + 29 BPS.

2 long trades + 51 BPS.
2 short trades + 35 BPS.

All intraday trades.
No overnight trades.

Stocks net + 87 BPS.

Return on account for the week + 2.19 % net.
P:L ratio N/A (no losing trades).
I traded 4 days this week.
No Index trades.

Thoughts

A tricky week, couldn't find many decent opportunities. Below my 2.5% weekly target.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.