Trading Summary Week Ended 30th August 2019

24 Trades:

1 BHP + 19 BPS.
1 FRES + 29 BPS.
1 GLEN + 147 BPS.
2 MCRO + 5370 BPS.
19 UK100 + 379 BPS.

5 long trades + 112 BPS.
19 short trades + 5832 BPS.
13 intra-day trades + 652 BPS.
11 multi-day trades + 5292 BPS.
Total trades net + 5944 BPS.

Return on account for the week + 3.06 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 85 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A four day week on the equity markets, due to the bank holiday in the UK.
Markets were volatile again, the FTSE regained the 7200 level on Friday after selling off down to 7044.73 earlier in the week. Over the course of August the FTSE was down exactly 5%.

Above my 2.5% weekly benchmark.
(The reason the net return is low given the high net BPS is that the trades on MCRO were small in size).

August has been a busy month, I made 97 trades and had a net return of 10.02 %.

Looking forward to more trading opportunities in September.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 23rd August 2019

16 Trades:

3 GLEN + 336 BPS.
2 MTRO + 3029 BPS.
11 UK100 + 223 BPS.

3 long trades + 35 BPS.
13 short trades + 3553 BPS.
5 intra-day trades + 146 BPS.
11 multi-day trades + 3442 BPS.
Total trades net + 3588 BPS.

Return on account for the week + 1.18 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 19 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week on the equity markets.

We saw more weakness in the commodity sector, with RIO, BHP AAL all making 30 day lows.
The FTSE was volatile, dropping on Friday after China announced they would respond to the US tariffs, and finished down 22 points over the week. Late on Friday the US markets fell sharply, with the SPX falling over 2.5%.

Trades were difficult to find, hence well short of my 2.5% weekly benchmark.
(The reason the net return is low given the high net BPS is that the trades on MTRO were very small in size).

Next Monday we have the summer bank holiday, so a shortened trading week.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 16th August 2019

20 Trades:

2 BHP + 46 BPS.
2 GLEN + 277 BPS.
1 MCRO + 452 BPS.
15 UK100 + 154 BPS.

4 long trades - 219 BPS.
16 short trades + 1148 BPS.
12 intra-day trades + 252 BPS.
8 multi-day trades + 677 BPS.
Total trades net + 929 BPS.

Return on account for the week + 1.22 % net.
P:L ratio 3.3:1.
Days traded: 5.
Longest trade duration: 78 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week on the equity markets.

The FTSE made a low of 7020.22 on Thursday, over 9% below the recent highs made at the end of July.

We saw more weakness in the commodity sector, despite strength in gold and silver.
The FTSE was down 137 points over the week, after a modest rally on Friday.

Below my 2.5% weekly benchmark.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 9th August 2019

21 Trades:

5 GLEN + 3176 BPS.
1 MTRO + 178 BPS.
15 UK100 + 279 BPS.

No long trades.
21 short trades + 3633 BPS.
11 intra-day trades + 249 BPS.
10 multi-day trades + 3384 BPS.
Total trades net + 3633 BPS.

Return on account for the week + 2.09 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 59 days.
Shortest trade duration:  3 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile week, trading was difficult.

The commodity stocks sold off on more trade tariff worries.
The FTSE made a low of 7153.89 on Wednesday, that is 742 BPS below the high of the previous week, that's quite a move for the index.

RD Shell was down over 11% in five days at one point, BP slightly less, both dragging the FTSE lower.

A little below my 2.5% weekly benchmark.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 2nd August 2019

27 Trades:

1 BHP - 117 BPS.
6 FRES + 2842 BPS.
4 GLEN + 1540 BPS.
1 MTRO + 1412 BPS.
15 UK100 + 251 BPS.

4 long trades + 99 BPS.
23 short trades + 5829 BPS.
11 intra-day trades + 1641 BPS.
16 multi-day trades + 4287 BPS.
Total trades net + 5928 BPS.

Return on account for the week + 3.23 % net.
P:L ratio 7.6:1.
Days traded: 5.
Longest trade duration: 78 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A busy week, and we saw a lot of volatility on the equity markets.

The FTSE made a high for the year (7727.49) on Tuesday, but news of new trade tariffs saw it sell off over 329 points (4.2%) from that level on Friday.

Very tough trading conditions, commodity stocks were very active, I made a couple of very poor trade exits.

Still, above my 2.5% weekly benchmark for the first time since early July.

Looking forward to more trading opportunities next week.


Stay disciplined.
Stay focussed.
Stay humble.