Trading Summary Week Ended 27th July 2018

11 Stock Trades:

4 AAL + 118 BPS.
1 BLT + 29 BPS.
2 FRES + 93 BPS.
1 RDSB + 9 BPS.
3 UK100 - 32 BPS.

7 long trades + 99 BPS.
4 short trades + 118 BPS.
7 intra-day trades + 180 BPS.
4 multi-day trades + 37 BPS.
Stocks net + 217 BPS.
Return on account for the week + 0.60 % net.
P:L ratio 1.91:1.
Days traded: 5.
Longest trade duration: 42 days.
Shortest trade duration:  12 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

 

A quieter week on the equity markets.
Well below my weekly 2.5% benchmark. I missed some good trades, and made some poor ones.

Crude oil rallied, as did copper. Mining stocks had a strong rally on Tuesday, before selling off on Wednesday.

Looking forward to more trading opportunities next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 20th July 2018

12 Stock Trades:

1 AAL + 20 BPS.
1 BLT + 176 BPS.
5 GLEN + 197 BPS.
2 MCRO + 52 BPS.
3 UK100 +  56 BPS.

4 long trades + 249 BPS.
8 short trades + 252 BPS.
6 intra-day trades + 137 BPS.
6 multi-day trades + 364 BPS.
Stocks net + 501 BPS.
Return on account for the week + 2.60 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 3 days.
Shortest trade duration:  7 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

 

A difficult week on the equity markets. Made some very poor trade exits.
Just above my weekly 2.5% benchmark. 

Crude oil was weak again, as was gold.

Looking forward to more trading opportunities next week.

That and enjoying the Tour de France.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 13th July 2018

24 Stock Trades:

4 AAL + 543 BPS.
2 BLT + 42 BPS.
3 BP + 92 BPS.
3 GLEN + 366 BPS.
5 MCRO + 214 BPS.
7 UK100 + 66 BPS.

9 long trades + 188 BPS.
15 short trades + 1135 BPS.
15 intra-day trades + 473 BPS.
9 multi-day trades + 850 BPS.
Stocks net + 1323 BPS.
Return on account for the week + 5.38 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 50 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

 

Another volatile week on the equity markets.

MCRO came out with results on Wednesday and the stock sold off sharply. The commodity stocks also sold off midweek on more trade tariff concerns.
Equity markets then rallied into the end of the week.

I was pretty busy this week, closing 24 trades.

Above my weekly 2.5% benchmark, but it should have been higher. My trade entries were poor, especially on MCRO. Trades on the short side were much better performers over the week, as shown in the figures above, short trades being over six times more profitable. 

 Crude oil was very volatile with a sell off midweek:

Looking forward to more trading opportunities next week.

That and watching the Tour de France.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 6th July 2018

23 Stock Trades:

5 AAL + 286 BPS.
4 BLT + 156 BPS.
5 GLEN + 306 BPS.
1 MCRO + 38 BPS.
8 UK100 + 48 BPS.

9 long trades + 236 BPS.
14 short trades + 598 BPS.
19 intra-day trades + 558 BPS.
4 multi-day trades + 276 BPS.
Stocks net + 834 BPS.
Return on account for the week + 3.90 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 61 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

 

A volatile start to the week, stocks sold off at the open on Monday.

GLEN took a huge hit on Tuesday after the company received a subpoena from the US Department of Justice. The stock was down over 12% intraday at one point. Almost unbelievably, I had closed a short position on GLEN the day before - not-so-great timing. I scalped a few points on the rebound but my entries and exits were very poor.

US markets were closed on Wednesday, then we a had a rally on Thursday.

Above my weekly 2.5% benchmark, but it should have been a lot higher. 



Of course, this weekend sees the start of the greatest sporting event of the year - the Tour de France, which means that I will be trying to trade, whilst glued to the coverage of the cycling for the next three weeks.

Looking forward to more trading opportunities, and some exciting racing next week.

Stay disciplined.

Stay focussed.

Stay humble.