Trading Summary Week Ended 25th September 2020

 

13 Trades:

1 FRES + 6 BPS.

12 UK100 + 501 BPS.

6 long trades  + 43 BPS.
7 short trades  + 464 BPS.
9 intra-day trades + 46 BPS.
4 multi-day trades + 461 BPS.
Total trades net  + 507 BPS.

Return on account for the week + 0.46 % net.
P:L ratio 149:1.
Days traded: 5.
Longest trade duration: 125 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A slightly better week on the equity markets. 

Equity markets were pretty weak, with the FTSE making a low of 5771.49 on Friday.

Over the week the index lost 164 points or 2.74 %.

Elsewhere, the Tour de France finished in spectacular fashion, with Pogacar storming to the lead in the final day's time trial, and in the process taking the yellow jersey.

One of the most amazing stages I have ever witnessed.

I did feel for Roglic, seeing the prize slip away on the last day's racing like that. Cycling can be a cruel sport.

 

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 18th September 2020

 

6 Trades:

3 FRES - 8,764 BPS.

3 UK100 + 11 BPS.

5 long trades  + 4765 BPS.
6 short trades  - 13518 BPS.
4 intra-day trades + 36 BPS.
2 multi-day trades - 8789 BPS.
Total trades net  - 8753 BPS.

Return on account for the week - 0.81 % net.
P:L ratio N/A.
Days traded: 3.
Longest trade duration: 427 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quieter week. 

Over the week the index lost 25 points or 0.42 %.

 

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 11th September 2020

  

8 Trades:

8 UK100 + 187 BPS.

2 long trades  + 14 BPS.
6 short trades  + 173 BPS.
6 intra-day trades + 85 BPS.
2 multi-day trades + 102 BPS.
Total trades net  + 187 BPS.

Return on account for the week + 0.17 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 34 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quieter week. 

Equity markets rallied after a weak start on Monday.

Over the week the index gained 233 points or just over 4 %.

Few trades, a really lacklustre five days.

Friday was the nineteenth anniversary of the September 2001 attacks, hard to believe that it's been nearly two decades since that awful day. I remember it well. 

Elsewhere, the Tour de France is proving very interesting, with Team Jumbo Visma domination the yellow jersey competition, as Team Ineos struggles in the mountains. It looks like Primoz Roglic is going to be very hard to beat, whilst Peter Sagan lost his points jersey and is finding it very difficult to get it back.  

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 4th September 2020

 

17 Trades:

2 FRES + 1,121 BPS.

15 UK100 + 551 BPS.

5 long trades  + 1,007 BPS.
10 short trades  + 665 BPS.
10 intra-day trades + 146 BPS.
7 multi-day trades + 1,526 BPS.
Total trades net  + 1,672 BPS.

Return on account for the week + 0.76 % net.
P:L ratio N/A.
Days traded: 4.
Longest trade duration: 79 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A four day week due to the late summer bank holiday.

Equity markets sold off on Thursday, with the FTSE breaking below 5800 on Friday morning, before rallying to 5900, then falling back as the US markets sold off. 

Over the week the index lost 2.76 %. 

Perhaps the market wants to retest the recent lows.

Volatile trading conditions, made some poor entries & exits.

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 28th August 2020

  

12 Trades:

12 UK100 + 243 BPS.

9 long trades  + 154 BPS.
3 short trades  + 89 BPS.
9 intra-day trades + 43 BPS.
3 multi-day trades + 200 BPS.
Total trades net  + 243 BPS.

Return on account for the week + 0.23 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 25 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A better week.

And this weekend we have the Tour De France, so looking forward to some great cycling action over the next three weeks.

For the month of August, I made a net loss of  4.76 %.

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 21st August 2020

 

15 Trades:

15 UK100 - 4,224 BPS.

10 long trades - 2,026 BPS.
5 short trades  -  2,198 BPS.
9 intra-day trades + 30 BPS.
6 multi-day trades - 4,254 BPS.
Total trades net  + -4,224 BPS.

Return on account for the week - 3.93 % net.
P:L ratio 0.2:1.
Days traded: 5.
Longest trade duration: 740 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another very difficult week on the equity markets.

I closed some poor trades,  looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 14th august 2020

  

14 Trades:

1 FRES + 4 BPS.
2 STAN - 2,055 BPS.

6 UK100 - 1,038 BPS.

6 long trades - 4,399 BPS.
3 short trades  + 1,310 BPS.
1 intra-day trades + 4 BPS.
7 multi-day trades - 3,093 BPS.
Total trades net  + -3,089 BPS.

Return on account for the week - 1.26 % net.
P:L ratio 0.19:1.
Days traded: 5.
Longest trade duration: 654 days.
Shortest trade duration:  68 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A very difficult week on the equity markets.

Equities sold off early in the week, with the FTSE briefly breaking below 5,860, before rallying strongly above 6,100.

For the week, the FTSE gained 134 points, or 2.28 %. The index is still below the 50 DMA and the 200 DMA, unlike the SPX, which is making post COVID 19 highs. 

BP announced a dividend cut, also GLEN cancelled the dividend, as the COVID 19 situation badly affected revenues.

Precious metals were strong again, with gold breaking the $ 2,000 level for the first time, and silver trading above $ 28. Silver has more than doubled since the March lows.

I made some poor trades, well below my 2.5% benchmark.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.