Trading Summary Week Ended 25th October 2019

15 Trades:

6 AAL + 459 BPS.
1 BP + 18 BPS.
1 FRES - 188 BPS.
1 GLEN + 39 BPS.
6 UK100 + 46 BPS.

9 long trades + 508 BPS.
6 short trades - 134 BPS.
8 intra-day trades + 149 BPS.
7 multi-day trades  + 225 BPS.
Total trades net + 374 BPS.

Return on account for the week + 0.35 % net.
P:L ratio 7.7:1.
Days traded: 5.
Longest trade duration: 7 days.
Shortest trade duration:  3 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quieter week on the equity markets . The FTSE was weak on Monday but staged a rally later in the week.

Well below my weekly 2.5% benchmark.
Next week we have the BREXIT deadline, so I expect more volatility.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 18th October 2019

13 Trades:

1 AAL + 31 BPS.
1 BHP + 7 BPS.
3 FRES + 374 BPS.
6 UK100 + 36 BPS.

8 long trades + 74 BPS.
5 short trades + 592 BPS.
8 intra-day trades + 212 BPS.
5 multi-day trades  + 454 BPS.
Total trades net + 666 BPS.

Return on account for the week + 0.20 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 287 days.
Shortest trade duration:  3 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A challenging week, markets influenced by the ongoing BREXIT situation.

Commodity stocks were weak, with the FTSE Mining Index down over a thousand points over the week at one point.
Trades were difficult to find, hence the small number of them.
Well short of my 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 11th October 2019

11 Trades:

2 BHP - 1737 BPS.
2 MCRO - 4204 BPS.
7 UK100 + 36 BPS.

7 long trades - 5224 BPS.
4 short trades - 681 BPS.
7 intra-day trades + 35 BPS.
4 multi-day trades  - 5940 BPS.
Total trades net - 5905 BPS.

Return on account for the week - 3.16 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 308 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

We saw some more volatility on the commodity stocks, (and therefore the FTSE).

A poor week, closed a couple of positions in BHP and MCRO and took a bit of a hit.
(The positions on MCRO were small, hence the lower overall percentage loss than the BPS figure would suggest.)

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 4th October 2019

24 Trades:

1 BHP - 245 BPS.
1 BP + 339 BPS.
1 FRES + 50 BPS.
2 MTRO + 2976 BPS.
19 UK100 + 781 BPS.

6 long trades - 263 BPS.
18 short trades + 4164 BPS.
10 intra-day trades + 321 BPS.
7 multi-day trades + 3580 BPS.
Total trades net + 3901 BPS.

Return on account for the week + 1.79 % net.
P:L ratio 5.4:1.
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

A bit of a crazy week on the equity markets.

We saw a lot of volatility, with the FTSE breaking the lows of early August, making a new low just above 7000. I'm not sure whether we will retest these levels in the coming weeks, October can be a volatile month. The index ended the week over 3.6 % down.

Short of my 2.5% weekly benchmark.

For September, my net return was just + 2.19%, with 64 trades. It was a difficult month.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.