Trading Summary Week Ended 27th April 2018

22 Stock Trades:

2 AAL + 138 BPS.
7 BLT + 265 BPS.
2 BP + 55 BPS.
1 GLEN + 143 BPS.
10 UK100 + 165 BPS.

16 long trades + 605 BPS.
6 short trades + 161 BPS.
16 intra-day trades + 523 BPS.
6 multi-day trades + 243 BPS.

Stocks net + 766 BPS.

Return on account for the week + 8.73 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 8 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another busy week for me.
The crude oil rally continued in the first part of the week, boosting the price of BP and RD Shell.
Crude then fell back on Wednesday. Miners were also weaker, and Wednesday saw the mining stocks sell off sharply. On Thursday we rallied again, the FTSE was pretty strong, making another 30 day high on Friday. Overall the FTSE was up 134 points on the week.

Made some poor exits (taking profits too early).
Above my 2.5% weekly benchmark anyway.

Looking forward to further opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 20th April 2018

17 Stock Trades:

2 AAL + 38 BPS.
6 BLT + 167 BPS.
2 GLEN + 33 BPS.
1 MCRO + 30 BPS.
6 UK100 + 69 BPS.

14 long trades + 283 BPS.
3 short trades + 54 BPS.
14 intra-day trades + 261 BPS.
3 multi-day trades + 76 BPS.

Stocks net + 337 BPS.

Return on account for the week + 3.96 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week.
Stocks were in bull mode on Wednesday, the FTSE made new 30 day highs, then again on Thursday and Friday, mainly driven by the rally in commodity prices, with the likes of RD Shell and BP very strong. Cable was also very weak after some inflation data came out, helping the dollar earning companies like BP, BLT, RIO etc.
On Friday we had expiry, which I thought might mark the end of the recent rally, but it appears I was wrong about that. The US markets look like they want to test the recent lows, but we will have to see.
North of my 2.5% weekly benchmark anyway.
Looking forward to further opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 13th April 2018

23 Stock Trades:

7 AAL + 147 BPS.
4 BLT + 64 BPS.
1 BP + 2 BPS.
4 GLEN + 72 BPS.
7 UK100 + 70 BPS.


8 long trades + 186 BPS.
15 short trades + 169 BPS.
18 intra-day trades + 277 BPS.
5 multi-day trades + 78 BPS.

Stocks net + 355 BPS.

Return on account for the week + 4.07 % net.
P:L ratio 134:1.
Days traded: 5.
Longest trade duration: 20 days.
Shortest trade duration:  5 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Back to five day weeks. More volatility on stocks and stock indices.

A really challenging week. We had a very strong rally on Tuesday after the Chinese president made a speech which was well received by the markets. The commodity stocks were very strong. Then we sold off on Wednesday. Thursday was pretty quiet.

The FTSE was strong, seems like every little dip is being bought at the moment. Of course the rally in crude helped the FTSE, given the weightings of BP and RD Shell.
However, I would not be surprised if we test the lows on the FTSE and SPX from last month before too long, but who knows...
I suppose an escalation of the hostilities between the US and Russia might really spook these markets.

I made a few very poor trade entries this week, shorting the rally too early.

Still, just north of my 2.5% weekly benchmark.

Looking forward to further volatility next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 6th April 2018

15 Stock Trades:

4 AAL + 264 BPS.
4 BLT + 280 BPS.
2 GLEN + 166 BPS.
5 UK100 + 96 BPS.


5 long trades + 450 BPS.
10 short trades + 354 BPS.
6 intra-day trades + 156 BPS.
9 multi-day trades + 648 BPS.

Stocks net + 804 BPS.

Return on account for the week + 9.70 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 5 days.
Shortest trade duration:  6 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A shortened week due to the Easter Monday holiday.

Another very volatile four days on stocks.

Chinese trade tariffs announced on Wednesday sparked a sell off, however US stocks rebounded later in the session, with the Dow rallying 600 points off the lows.

The UK market followed Wall St on Thursday, with a powerful rally.
Then on Thursday night the US announced more tariffs, and triggered a modest sell off on Friday.
Some pretty poor trade entries and exits this week.
Also experienced some software problems with my main trading PC, which made things more difficult than they already were, given the volatility.

Still, well north of my 2.5% weekly benchmark.
Looking forward to further volatility next week.



Stay disciplined.

Stay focussed.

Stay humble.