Trading Summary Week Ended 28th September 2018

26 Stock Trades:

7 AAL + 151 BPS.
2 BLT + 40 BPS.
2 BP + 138 BPS.
2 MCRO + 30 BPS.
1 STAN + 8 BPS.
12 UK100 + 75 BPS.

13 long trades + 339 BPS.
13 short trades + 103 BPS.
22 intra-day trades + 288 BPS.
4 multi-day trades + 154 BPS.
Stocks net + 442 BPS.

Return on account for the week + 1.68 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 78 days.
Shortest trade duration:  5 mins.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quieter week on the equity markets. Commodity stocks were strong this week, with BP and  Shell making new 30 day highs on Tuesday.

Another difficult week's trading, finding scalp trades mainly, well short of my weekly 2.5% benchmark return.

September was a fairly active month for me, I made 108 trades, and the net return was 9.12 %, slightly lower than in August (although I made fewer trades in August).

Hoping for some decent trading opportunities next month.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 21st September 2018

26 Stock Trades:

2 AAL + 23 BPS.
1 GLEN + 27 BPS.
2 MCRO + 29 BPS.
2 SSE + 38 BPS.
2 STAN + 137 BPS.
17 UK100 + 191 BPS.

1 long trades + 22 BPS.
25 short trades + 423 BPS.
24 intra-day trades + 397 BPS.
2 multi-day trades + 48 BPS.
Stocks net + 445 BPS.

Return on account for the week + 2.01 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration:  4 mins.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week on the equity markets.
Mining stocks found some buyers this week, and the FTSE mining index was up over 10 % over the week.
A difficult week, well short of my weekly 2.5% benchmark return.

Hoping for better trading opportunities next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 14th September 2018

24 Stock Trades:

1 AAL + 100 BPS.
1 BP + 10 BPS.
2 GLEN + 248 BPS.
1 MCRO + 9 BPS.
1 SSE + 13 BPS.
1 STAN + 12 BPS.
17 UK100 + 178 BPS.

2 long trades + 23 BPS.
22 short trades + 547 BPS.
20 intra-day trades + 324 BPS.
4 multi-day trades + 246 BPS.
Stocks net + 570 BPS.

Return on account for the week + 1.95 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 146 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week on the equity markets, the FTSE broke last week's low on Tuesday morning after more developments in the ongoing trade war between the US and China. Then we had a rally on Wednesday which continued to the end of the week.

A very difficult week, mainly scalping points on the FTSE, I closed a couple of short trades very early, well short of my weekly 2.5% benchmark return.

Hopefully I can find more trading opportunities next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 7th September 2018

30 Stock Trades:

5 AAL + 553 BPS.
1 BLT - 370 BPS.
7 GLEN + 636 BPS.
2 MCRO + 23 BPS.
1 RDSB + 12 BPS.
3 STAN - 396 BPS.
13 UK100 + 199 BPS.

7 long trades - 775 BPS.
23 short trades + 1432 BPS.
16 intra-day trades + 401 BPS.
16 multi-day trades + 256 BPS.
Stocks net + 657 BPS.

Return on account for the week + 2.67 % net.
P:L ratio 2.2:1.
Days traded: 5.
Longest trade duration: 142 days.
Shortest trade duration:  3 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Bit of a crazy week, equity markets started the month of September in bullish mode on Monday, but then sold off on Tuesday and Wednesday, breaking below 7400, and then breaking 7300 on Friday.
By Friday morning, the FTSE had come off over 540 points (7 %) from the 8th of August high of 7790. The index closed just over 2 % down for the week.

Commodity stocks were hit by strength in sterling yet again.

A busy week, difficult trading conditions overall, just north of my weekly 2.5% benchmark return.

Hopefully I can find more trading opportunities next week.

Stay disciplined.

Stay focussed.

Stay humble.