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.