Trading Summary Week Ended 24th Feb 2017

13 Stock Trades:

5 AAL + 135 BPS.
1 BARC + 16  BPS.
2 BLT + 26 BPS.
1 GLEN + 52 BPS.
1 HSBA + 3 BPS.
2 RBS + 36 BPS.
1 STAN + 16 BPS.

9 long trades + 180 BPS.
4 short trades + 104 BPS.

12 intra-day trades + 272 BPS.
1 overnight trade  + 12 BPS.

Stocks net + 284 BPS.

Return on account for the week + 3.63 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: overnight.
Shortest trade duration: 2 minutes.
No Index trades.

(All P & L expressed in basis points for the purpose of comparison.)

Thoughts

A very difficult week, struggled to make decent trades.
A couple of very poor entries and exists (shorted AAL at more or less the early high of the day and moved my stop down way too soon). Also managed to lock myself out on Thursday morning so managing an overnight position I had was somewhat tricky (!).

Stocks saw a very sharp sell-off on Thursday afternoon. Not sure what sparked that move. Friday was very volatile as well. The miners were very volatile.

Over my 2.5% weekly target.

I have been trying out a new charting package this week - Tradingview.com. The charts are pretty good, although I'm still not fully up to speed with the site. I was using MT4 but I can't find a decent feed for all the markets I watch. 

Hoping for some opportunities, (and fewer domestic issues) next week.




Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 17th Feb 2017

5 Stock Trades:

2 AAL + 191 BPS.
1 BARC + 18 BPS.
2 BLT + 97 BPS.

2 long trades + 45 BPS.
3 short trades + 262 BPS.

4 intra-day trades + 140 BPS.
1 overnight trade + 167 BPS.

Stocks net + 306 BPS.

Return on account for the week + 3.17 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration: 3 minutes.
No Index trades.

(All P/L expressed in basis points for the purpose of comparison.)

Thoughts

Not a bad week, although not many trade opportunities.
The miners and banks saw some decent volatility.
A couple of poor entries and exists.
Equities were strong early in the week, as the US indices made new all time highs. Not sure how long this bull run can continue, but it's not wise to fight it...

Bullish metals prices driving the miners too.

I exceeded my 2.5% weekly target.

Next week is a biggie for earnings:

21st Feb: AAL, BLT, HSBA.
22nd Feb : LLOY.
23rd Feb: BARC, GLEN.
24th Feb: RBS; STAN.

Should be some volatility.

Hoping for some opportunities next week.




Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 10th Feb 2017

7 Stock Trades:

2 BARC + 65 BPS.
1 BLT + 70 BPS.
2 BP + 34 BPS.
2 GLEN + 27 BPS.

5 long trades + 175 BPS.
2 short trades + 21 BPS.

6 intra-day trades + 126 BPS.
1 overnight trade + 70 BPS.

Stocks net + 196 BPS.

Return on account for the week + 3.68 % net.
P:L ratio N/A (no losing trades).
Days traded: 5.
Longest trade duration: 2 days.
Shortest trade duration: 1 minute.
No Index trades.

Thoughts

A better week, the miners, oils & banks all saw some decent volatility.
Exceeded my 2.5% weekly target.

I made a couple of very poor (premature) exits, the net BPS figure could have been double, but that's trading. Miners had a pop on Friday after stronger then expected trade data from China.

Hoping for some opportunities next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 3rd Feb 2017

4 Stock Trades:

2 BARC + 42 BPS.
1 BT.A + 16 BPS.
1 GLEN + 29 BPS.

2 long trades + 51 BPS.
2 short trades + 35 BPS.

All intraday trades.
No overnight trades.

Stocks net + 87 BPS.

Return on account for the week + 2.19 % net.
P:L ratio N/A (no losing trades).
I traded 4 days this week.
No Index trades.

Thoughts

A tricky week, couldn't find many decent opportunities. Below my 2.5% weekly target.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended 16th September 2016

13 Stock Trades:

1 AAL + 26.92 BPS.
1 BLT + 131.66 BPS.
2 GLEN + 13.62 BPS.
1 RBS + 18.85 BPS.
9 RIO + 256.29 BPS.

6 long trades + 64.17 BPS.
7 short trades + 383.19 BPS.

12 intraday trades + 275.69 BPS.
1 overnight trades + 171.67 BPS.

Stocks net + 447.35 BPS.

Return on account for the week + 3.70 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A decent week, above my 2.5% weekly target.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 16th October 2015

16 Stock Trades:

14 AAL + 423.48 BPS.
2 STAN + 53.99 BPS.

5 long trades + 164.44 BPS.
11 short trades + 313.03 BPS.

13 intraday trades + 408.00 BPS.
3 overnight trades + 69.47 BPS.

Stocks net + 477.47 BPS.

Return on account for the week + 13.54 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A tough week, above my 2.5% weekly target.
The equity markets were quieter.

Changes on watch list stocks for the week:

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 9th October 2015

21 Stock Trades:

9 AAL + 331.98 BPS.
5 BLT + 93.84 BPS.
7 STAN + 190.10 BPS.

4 long trades + 34.59 BPS.
17 short trades + 581.33 BPS.

19 intraday trades + 640.70 BPS.
2 overnight trades - 24.78 BPS.

Stocks net + 615.91 BPS.

Return on account for the week + 17.86 % net.
P:L ratio 8.19:1.
I traded 5 days this week.
No Index trades.

Thoughts

A decent week, well above my 2.5% weekly target.
The equity markets were volatile again

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 25th September 2015

6 Stock Trades:

3 AAL + 126.57 BPS.
4 BLT + 128.60 BPS.
1 STAN + 15.76 BPS.

1 long trade + 15.76 BPS.
6 short trades + 255.17 BPS.

6 intraday trades + 202.02 BPS.
2 overnight trades + 68.92 BPS.

Stocks net + 270.94 BPS.

Return on account for the week + 1.20 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A difficult week, well below my 2.5% weekly target.
The equity markets were volatile again, with miners getting badly hit. GLEN traded under a pound, which is pretty amazing given the float price was around £5.
Elsewhere STAN made new lows for the year.. in fact it last traded at these levels back in 2009.
A very difficult market to trade (well for me anyway).

Stock changes on the week (UU replaced with GSK in the watch list):

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 18th September 2015

22 Stock Trades:

5 AAL + 150.53 BPS.
16 BLT + 627.71 BPS.
1 RIO + 13.32 BPS.

6 long trades + 132.96 BPS.
16 short trades + 658.61 BPS.

15 intraday trades + 531.61 BPS.
7 overnight trade + 259.95 BPS.

Stocks net + 791.57 BPS.

Return on account for the week + 4.84 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A better week, well above my 2.5% weekly target.
The equity markets were volatile, and I was fairly busy.
Some poor exits but a profit is a profit.
The Fed held the interest rate on Thursday evening, and the markets sold off a bit in response.

Stock changes on the week:

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 11th September 2015

17 Stock Trades:

5 AAL + 254.46 BPS.
9 BLT + 509.78 BPS.
3 STAN + 93.78 BPS.

6 long trades + 356.96 BPS.
11 short trades + 501.06 BPS.

14 intraday trades + 654.64 BPS.
3 overnight trade + 203.39 BPS.

Stocks net + 858.02 BPS.

Return on account for the week + 4.79 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A better week.
Above my 2.5% weekly target.

Changes on the week:

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 4th September 2015

15 Stock Trades:

6 AAL + 294.84 BPS.
8 BLT + 486.08 BPS.
1 RIO + 14.01 BPS.

6 long trades + 193.01 BPS.
9 short trades + 601.91 BPS.

9 intraday trades + 440.29 BPS.
4 overnight trade + 354.64 BPS.

Stocks net + 794.93 BPS.

Return on account for the week + 4.28 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A better week.
Above my 2.5% weekly target.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 28th August 2015

10 Stock Trades:

2 AAL +113.68 BPS.
8 BLT - 775.89 BPS.

8 long trades - 775.89 BPS.
2 short trades + 113.68 BPS.

9 intraday trades + 119.72 BPS.
1 overnight trade - 781.94 BPS.

Stocks net - 662.21 BPS.

Return on account for the week - 5.39 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A pretty horrible week.

I bailed out of a swing trade on BLT which I probably should have ditched sooner, since the whole sector, and the equity market in general, saw a big sell off, as can be seen in the weekly changes:

The FTSE was down over 5.5% for the week.
So one trade was responsible for all the losses this week. Resource stocks were particularly badly hit, with crude getting sold off heavily. Gold was actually stronger. I'm not sure how much further this move is going to go. Banks were also very weak, with STAN breaking down below £8, levels it last hit back in 2009.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 21st August 2015

10 Stock Trades:

2 AAL +113.68 BPS.
8 BLT - 775.89 BPS.

8 long trades - 775.89 BPS.
2 short trades + 113.68 BPS.

9 intraday trades + 119.72 BPS.
1 overnight trade - 781.94 BPS.

Stocks net - 662.21 BPS.

Return on account for the week - 5.39 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A pretty horrible week.

I bailed out of a swing trade on BLT which I probably should have ditched sooner, since the whole sector, and the equity market in general, saw a big sell off, as can be seen in the weekly changes:

The FTSE was down over 5.5% for the week.
So one trade was responsible for all the losses this week. Resource stocks were particularly badly hit, with crude getting sold off heavily. Gold was actually stronger. I'm not sure how much further this move is going to go. Banks were also very weak, with STAN breaking down below £8, levels it last hit back in 2009.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

T

Trading Summary Week Ended Friday 14th August 2015

12 Stock Trades:

3 AAL + 130.95 BPS.
9 BLT + 415.38 BPS.

7 long trades + 380.31 BPS.
5 short trades + 166.03 BPS.

7 intraday trades + 243.39 BPS.
5 overnight trades + 302.94 BPS.

Stocks net + 546.34 BPS.

Return on account for the week + 4.01 % net.
P:L ratio N/A.
I traded 4 days this week.
No Index trades.

Thoughts

A better week..  Above my 2.50 % weekly target.

A bit of a wild week in the markets, as on Tuesday China devalued its currency by over 2%, and that spooked the equity markets somewhat.
I made a couple of poor exits, when the miners found some strength on Monday afternoon, one of those sessions when the London market does nothing until New York wakes up, then takes off...
Overall, a very jittery market.

Outside the markets, ribs still very sore, still taking the painkillers.

Hoping for less pain and better results next week.

Changes on my watch list stocks over the last week, (GLEN got hammered again):

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 7th August 2015

9 Stock Trades:

4 AAL + 252.33 BPS.
5 BLT + 144.40 BPS.

2 long trades + 52.29 BPS.
7 short trades + 344.43 BPS.

6 intraday trades + 304.62 BPS.
3 overnight trades + 92.11 BPS.

Stocks net 396.73 BPS.

Return on account for the week + 2.06 % net.
P:L ratio N/A.
I traded 4 days this week.
No Index trades.

Thoughts

A better week.. still under my 2.50 % weekly target though.

Outside the markets, I was a bit busy this week after I managed to crash my bicycle and fracture four ribs last weekend... Pain is not a strong enough term to describe it.....

Hoping for a lot less pain and better results next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 31st July 2015

6 Stock Trades:

2 AAL + 137.06 BPS.
4 BLT + 130.36 BPS.

2 long trades + 67.58 BPS.
4 short trades + 199.84 BPS.

5 intraday trades + 259.97 BPS.
1 overnight trades + 10.45 BPS.

Stocks net  267.42 BPS.

Return on account for the week 0.92 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

Another tough week. July has been a very difficult moth for my style of trading.
Over the month, the FTSE mining index (NMX1770) is down more than 10%. In June it fell 12.95%. The slowdown in China has really spooked the mining sector.

Hoping for better results next week.

Changes on my watch list stocks over the last week... a bit of strength creeping into the miners late in the week:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 24th July 2015

13 Stock Trades:

2 AAL + 165.36 BPS.
11 BLT - 2429.04 BPS.

8 long trades - 2502.00 BPS.
5 short trades + 238.33 BPS.

10 intraday trades + 378.34 BPS.
3 overnight trades - 2642.02 BPS.

Stocks net  - 2263.68 BPS.

Return on account for the week - 12.65 % net.

I traded 5 days this week.
No Index trades.

Thoughts

A horrible week. Took a hit on a longish term BLT trade on Friday, which I should have dumped weeks ago.. All the losses were the result of just 2 trades on BLT. My intraday trades made a modest profit.

Miners were absolutely trashed this week, the index was down 10% over the week, which is a pretty huge move. Poor data from China didn't help the sector.

Gold fell sharply on Monday, breaking the $1100 level for a while.

I am really not happy with my recent performance, basically being a long side trader, trading during a severe bear market. I can never seem to hold onto shorts, even though in hindsight, in this market it has been the best strategy. Even today, I shorted the early rise on AAL, but trailed down my stop and closed @ 822. Later in the afternoon AAL traded well under 800. I should have been more patient.

Hoping for better results next week.

Changes on my watch list stocks over the last week, pretty big falls on GLEN, BLT, AAL and RIO:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 17th July 2015

15 Stock Trades:

2 AAL + 43.15 BPS.
13 BLT + 268.61 BPS.

8 long trades + 167.42 BPS.
7 short trades + 144.34 BPS.

14 intraday trades + 272.02 BPS.
1 overnight trade + 39.74 BPS.

Stocks net  + 311.76 BPS.

Return on account for the week + 2.65 % net.

P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A difficult week's trading. Choppy markets, although the miners were supported after better than expected Chinese GDP data.
AAL and RIO both issued production reports on Thursday. BLT will do the same next week.

I made a couple of very poor exits, but still a profitable week overall.

Just above my 2.5% weekly target.

Hoping for better results next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 10th July 2015

4 Stock Trades:

1 AAL - 1394.68 BPS.
3 BLT + 86.91 BPS.

4 long trades - 1307.77 BPS.
No short trades.

2 intraday trades + 28.77 BPS.
2 overnight trades - 1336.54 BPS.

Stocks net  - 1307.77 BPS.

I traded 4 days this week.
Return on account for the week - 8.30 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A very poor week's trading.
I closed a swing trade on AAL for a fairly large loss.

Hoping for better results next week.

Changes on my watch list stocks over the last week, a bit of blue for a change:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 3rd July 2015

7 Stock Trades:

2 AAL + 38.58 BPS.
5 BLT - 65.60 BPS.

4 long trades - 89.51 BPS.
3 short trades + 62.48 BPS.

4 intraday trades - 7.26 BPS.
3 overnight trades - 19.77 BPS.

Stocks net  - 27.03 BPS.

I traded 4 days this week.
Return on account for the week - 0.43 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A poor week's trading. The Greek crisis meant that markets were jumpy yet again.
Miners were very weak, as was the equity market as a whole. The US markets were closed on Friday for Independence Day.

Hoping for better results next week.

Changes on my watch list stocks over the last week, lots of red:

Stay disciplined.

Stay focussed.

Stay humble.