Trading Summary Week Ended 26th July 2019

20 Trades:

2 AAL + 418 BPS.
1 BHP + 74 BPS.
1 FRES + 90 BPS.
2 MTRO + 2371 BPS.
14 UK100 + 208 BPS.

14 long trades + 1290 BPS.
6 short trades + 1871 BPS.
11 intra-day trades + 721 BPS.
9 multi-day trades + 2440 BPS.
Total trades net + 3161 BPS.

Return on account for the week + 1.82 % net.
P:L ratio 74.1:1.
Days traded: 5.
Longest trade duration: 72 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another week, and we saw some volatility on the equity markets.

Miners were weaker, the FTSE mining index losing over 600 points on Wednesday.

Made some poor trade exits.
(The reason the net return is low given the high net BPS is that the two trades on MTRO were very small in size).

Well short of my 2.5% weekly benchmark.

Away from the markets, the TDF is coming to an climax this weekend, with Alaphilippe having lost the maillot jeune on Friday on the weather shortened stage in the Alps.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 19th July 2019

21 Trades:

1 AAL + 180 BPS.
4 FRES + 355 BPS.
1 MCRO + 479 BPS.
15 UK100 + 173 BPS.

12 long trades + 689 BPS.
9 short trades + 498 BPS.
14 intra-day trades + 92 BPS.
7 multi-day trades + 1095 BPS.
Total trades net + 1187 BPS.

Return on account for the week + 1.37 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 94 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week, we saw some volatility in the commodity stocks. FRES in particular saw some big moves after lowering production targets.
A couple of very poor trade exits.

The FTSE rallied into expiry on Friday morning, before selling off later.

Well short of my 2.5% weekly benchmark.

Away from the markets, the TDF is at a very interesting stage, after a stunning time trial by Alaphilippe, should be a great stage on Saturday on the Tourmalet.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 12th July 2019

10 Trades:

10 UK100 + 51 BPS.

7 long trades + 42 BPS.
3 short trades + 9 BPS.
9 intra-day trades + 40 BPS.
1 multi-day trades + 11 BPS.
Total trades net + 51 BPS.

Return on account for the week + 0.26 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 10 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quiet week.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 5th July 2019

26 Trades:

1 BHP + 224 BPS.
2 FRES + 34 BPS.
1 GLEN - 7 BPS.
2 MTRO + 120 BPS.
1 STAN + 402 BPS.
19 UK100 + 1154 BPS.

22 long trades + 1812 BPS.
4 short trades + 115 BPS.
11 intra-day trades + 186 BPS.
15 multi-day trades + 1741 BPS.
Total trades net + 1927 BPS.

Return on account for the week + 5.79 % net.
P:L ratio 1765:1.
Days traded: 5.
Longest trade duration: 272 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another busy week.

The FTSE made four consecutive daily higher highs for the year. Then on Friday we saw a bit of  selling,  as most of the commodity stocks fell.

Most of my profit came from trading the index, one of my better weeks for 2019 and well north of my 2.5% weekly benchmark for a change.


Meanwhile, the heatwave continues.
And away from the markets, this weekend marks the start of the greatest sporting competition of the year - The Tour de France, so I shall try and watch as of the race much as I can, whilst keeping an eye on the equity markets.


Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.