Trading Summary Week Ended 30th June 2017

14 Stock Trades:

3 AAL + 154 BPS.
6 GLEN + 241 BPS.
5 RIO + 440 BPS.

8 long trades + 559 BPS
6 short trades + 276 BPS.
9 intra-day trades + 422 BPS.
5 multi-day trades + 413 BPS.

Stocks net + 835 BPS.

Return on account for the week + 6.16 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 16 days.
Shortest trade duration: 37 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another volatile and challenging week's trading.

We saw a rally on the miners towards the end of the week, not sure what drove that (I have learned that it's pointless to try and find reasons for these moves, as a wise trader once said, 'the market moves because it has to').

Anyway, I traded the volatility. A moderately busy week by my standards at just under three trades per day.

Above my 2.5% weekly benchmark.

Of course, the greatest sporting event on the planet starts on Saturday (tomorrow), so I'll be trying to trade whilst keeping an eye on the likes of Alberto Contador, Richie Porte, Mark Cavandish, Chris Froome, Nairo Quintana etc...

Looking forward to more opportunities and some quality racing next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 23rd June 2017

11 Stock Trades:

6 AAL + 523 BPS.
4 GLEN - 337 BPS.
1 RIO + 12 BPS.

1 long trades - 554 BPS
10 short trades + 752 BPS.
1 intra-day trades + 53 BPS.
10 multi-day trades + 145 BPS.

Stocks net + 198 BPS.

Return on account for the week + 1.67 % net.
P:L ratio 1.45:1.
Days traded: 5.
Longest trade duration: 17 days.
Shortest trade duration: 111 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another very challenging week's trading. Miners sold off again this week, crude and other commodities were also weak.

Some very difficult trading conditions, and I made a couple of very poor trade exits.
I managed to end the week positive, but not sure if it was worth the stress.
Well below my 2.5% weekly benchmark.

Looking forward to more opportunities, and to trade them better, next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 16th June 2017

12 Stock Trades:

8 AAL + 318 BPS.
1 GLEN + 30 BPS.
3 RIO + 126 BPS.

2 long trades + 62 BPS
10 short trades + 412 BPS.
8 intra-day trades + 226 BPS.
4 multi-day trades + 248 BPS.

Stocks net + 474 BPS.

Return on account for the week + 5.05 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 41 days.
Shortest trade duration: 6 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A very challenging week's trading.

The early part of the week was pretty quiet. then we saw a big sell off in mining and resource stocks on Wednesday afternoon, which continued into Thursday. Friday saw a weak rally.

AAL, RIO, BLT all made new 10 day lows on Thursday. AAL broke lower on Friday.

Made some very poor trade exists, closing a couple of short positions way too early. This is something I need to address.

North of my 2.5% weekly benchmark, but I could have more than doubled that return with better trade exits.

Looking forward to more opportunities, and to trade them better, next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 9th June 2017

14 Stock Trades:

7 AAL + 241 BPS.
2 GLEN + 34 BPS.
5 RIO + 86 BPS.

4 long trades + 84 BPS
10 short trades + 277 BPS.
9 intra-day trades + 277 BPS.
5 multi-day trades + 84 BPS.

Stocks  net + 361 BPS.

Return on account for the week + 3.72 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 28 days.
Shortest trade duration: 5 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A better week after last week's lacklustre performance.

We saw some volatility during the British election, when the Conservatives lost their majority. I bet Theresa May regrets calling that election now.

Made a couple of very poor trade exits, basically because I didn't want to take the risk of the markets making a big down move after the election. In the end, the mining sector was up on Friday morning, the weakness of sterling may have been a factor in that rise.

North of my 2.5% weekly benchmark.

Looking forward to more opportunities next week.



Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 2nd June 2017

6 Stock Trades:

1 GLEN + 11 BPS.
5 RIO + 73 BPS.

5 long trades + 75 BPS
1 short trade + 9 BPS.
4 intra-day trades + 67 BPS.
2 multi-day trades + 17 BPS.

Stocks  net + 84 BPS.

Return on account for the week + 0.90 % net.
P:L ratio N/A.
Days traded: 3.
Longest trade duration: 2 days.
Shortest trade duration: 9 min.
No Index trades.

(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A four day week after the bank holiday in the UK.

Well below my 2.5% benchmark. I struggled to find many opportunities.

Hoping for more opportunities next week, when we have the general election in Great Britain. Should produce some volatility.


Stay disciplined.

Stay focussed.

Stay humble.