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.