Friday, May 31, 2019

Trading Summary Week Ended 31st May 2019

6 Trades:


3 GLEN + 866 BPS.
3 UK100 + 56 BPS.

0 long trades.
6 short trades + 922 BPS.
2 intra-day trades + 10 BPS.
4 multi-day trades + 912 BPS.
Total trades net + 922 BPS.

Return on account for the week + 0.77 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 15 days.
Shortest trade duration:  10 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Another four day week due to the bank holiday. 
Equity markets were weaker, mainly on continued trade tensions.
Crude oil was weaker too.

Again short of my 2.5% weekly benchmark.



During May I made 61 trades and a net return of 3.39%, not an easy month that's for sure.
Looking forward to better trading opportunities in June.


Stay disciplined.
Stay focussed.
Stay humble.

Friday, May 24, 2019

Trading Summary Week Ended 24th May 2019

21 Trades:


2 BHP + 125 BPS.
1 BP - 1116 BPS.
2 FRES + 109 BPS.
5 GLEN + 1140 BPS.
11 UK100 + 62 BPS.

10 long trades + 174 BPS.
11 short trades + 146 BPS.
12 intra-day trades + 257 BPS.
9 multi-day trades + 63 BPS.
Total trades net + 320 BPS.

Return on account for the week + 0.96 % net.
P:L ratio 5.1:1.
Days traded: 5.
Longest trade duration: 169 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


Another tricky week.
Well short of my 2.5% weekly benchmark.

London will be closed on Monday for the May bank holiday, and I'm taking a much needed short break.

Looking forward to better trading opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.

Friday, May 17, 2019

Trading Summary Week Ended 17th May 2019

15 Trades:


1 BHP + 47 BPS.
2 FRES - 2413 BPS.
4 GLEN + 355 BPS.
2 MTRO + 2571 BPS;
6 UK100 + 110 BPS.

5 long trades - 2506 BPS.
10 short trades + 3176 BPS.
8 intra-day trades + 293 BPS.
7 multi-day trades + 377 BPS.
Total trades net + 670 BPS.

Return on account for the week + 0.51 % net.
P:L ratio 1.5:1.
Days traded: 5.
Longest trade duration: 201 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


A difficult week. Frustrating trading conditions overall.
Well short of my 2.5% weekly benchmark.
Looking forward to better trading opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.

Friday, May 10, 2019

Trading Summary Week Ended 10th May 2019

10 Trades:


3 BHP + 162 BPS.
2 STAN + 161 BPS.
1 RDSB + 11 BPS.
4 UK100 + 53 BPS.

7 long trades + 367 BPS.
3 short trades + 20 BPS.
8 intra-day trades + 178 BPS.
2 multi-day trades + 209 BPS.
Total trades net + 387 BPS.

Return on account for the week + 0.49 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 1 day.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts


Another four day week due to the bank holiday
Equity markets were weaker again, the FTSE losing 177 points (240 BPS) since last Friday's close.

Made a couple of poor trade exits.
Well short of my 2.5% weekly benchmark.

Looking forward to better trading opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.

Friday, May 03, 2019

Trading Summary Week Ended 3rd May 2019

18 Trades:


3 BHP + 94 BPS.
1 FRES + 34  BPS.
1 STAN + 607 BPS.
2 MTRO + 1769 BPS.
11 UK100 - 15 BPS.

12 long trades + 682 BPS.
6 short trades + 1807 BPS.
13 intra-day trades + 139 BPS.
5 multi-day trades + 2350 BPS.
Total trades net + 2489 BPS.

Return on account for the week + 0.86 % net.
P:L ratio 3.9:1.
Days traded: 5.
Longest trade duration: 262 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)


Thoughts


A very difficult week. Made some very poor trades on the FTSE. Equity markets were weaker towards the end of the week. Frustrating trading overall.

Well short of my 2.5% weekly benchmark.

Next week is another four day week due to the May bank holiday.
Looking forward to better trading opportunities next week.


Stay disciplined.

Stay focussed.

Stay humble.