Trading Summary Week Ended 13th December 2019

14 Trades:

2 AAL + 327 BPS.
3 BP + 918 BPS.
1 FRES + 153 BPS.
1 GLEN + 298 BPS.
1 MTRO + 292 BPS.
6 UK100 + 66 BPS.

5 long trades + 377 BPS.
9 short trades + 1677 BPS
6 intraday trades + 334 BPS.
8 multi-day trades  + 1720 BPS.
Total trades net + 2054 BPS.

Return on account for the week + 0.64 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 71 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Quite a week. On Thursday we had the general election, so I was up at five am on Friday to watch the results as they came in. A big majority for the Conservatives sparked a rally, with the banks particularly strong.
The China - US trade issues continued to move the commodity and equity markets.

In the US the SPX made yet another new all time high.

Again below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 6th December 2019

13 Trades:

1 BHP - 922 BPS.
2 FRES + 642 BPS.
1 GLEN + 834 BPS.
9 UK100 + 391 BPS.

1 long trades + 14 BPS.
12 short trades + 931 BPS
4 intraday trades + 154 BPS.
9 multi-day trades  + 791 BPS.
Total trades net + 945 BPS.

Return on account for the week + 0.81 % net.
P:L ratio 3.1:1.
Days traded: 5.
Longest trade duration: 361 days.
Shortest trade duration:  24 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week's trading.
The FTSE sold off following President Trump hinting that a trade deal with China may take longer than previously thought. After hitting 7400 on Monday, the index fell to 7131 on Thursday, before rallying strongly on Friday. Oil stocks were very weak.

In the US the SPX was weaker too.
Crude oil had a volatile week.
GLEN was rocked by an investigation by the SFO, knocking about 9% off the stock on Thursday.

Again below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 29th November 2019

4 Trades:

1 BHP + 29 BPS.
1 BP + 72 BPS.
1 FRES + 758 BPS.
1 UK100 + 31 BPS.

2 long trades + 60 BPS.
2 short trades + 830 BPS
0 intraday trades.
4 multi-day trades  + 890 BPS.
Total trades net + 890 BPS.

Return on account for the week + 0.23 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 44 days.
Shortest trade duration:  1 day.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A poor week's trading on the equity markets.
The FTSE was pretty range bound between the 7320 - 7450 levels.
Meanwhile, in the US the SPX made yet another new all time high, above 3150.

Again below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 22nd November 2019

8 Trades:

2 FRES + 714 BPS.
6 UK100 - 498 BPS.

3 long trades - 186 BPS.
5 short trades + 402 BPS
2 intraday trades + 22 BPS.
6 multi-day trades  + 194 BPS.
Total trades net + 216 BPS.

Return on account for the week - 0.92 % net.
P:L ratio 0.23:1.
Days traded: 5.
Longest trade duration: 113 days.
Shortest trade duration:  16 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult, frustrating week on the equity markets.
The FTSE made a high for the week above 7400 on Tuesday, then sold off over 200 points to trade below 7200 on Thursday, before rallying on Friday and ending the week positive.
Meanwhile, in the US the SPX made a new all time high, above 3125.

Not a good return, well below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 15th November 2019

8 Trades:

1 FRES + 234 BPS.
2 GLEN + 231 BPS.
5 UK100 + 32 BPS.

5 long trades + 32 BPS.
3 short trade + 465 BPS
4 intraday trades + 32 BPS.
3 multi-day trades  + 465 BPS.
Total trades net + 497 BPS.

Return on account for the week + 0.19 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 19 days.
Shortest trade duration:  6 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quieter week.
The FTSE traded in a narrow range for most of the week, while in the US, the SPX made a new all time high, above 3100.

Well below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 8th November 2019

6 Trades:

1 AAL + 80 BPS.
1 GLEN + 163 BPS.
4 UK100 + 23 BPS.

5 long trades + 261 BPS.
1 short trade + 5 BPS
3 intraday trades + 13 BPS.
3 multi-day trades  + 253 BPS.
Total trades net + 266 BPS.

Return on account for the week + 0.15 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 6 days.
Shortest trade duration:  5 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another poor week.
The FTSE traded in a narrow range for most of the week, as the US indices hit new all time highs.
Well below my weekly 2.5% benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 1st November 2019

7 Trades:

1 BHP + 46 BPS.
6 UK100 + 5 BPS.

6 long trades + 43 BPS.
1 short trade.+ 8 BPS
5 intra-day trades + 73 BPS.
2 multi-day trades  - 22 BPS.
Total trades net + 51 BPS.

Return on account for the week + 0.02 % net.
P:L ratio 1.4:1.
Days traded: 5.
Longest trade duration: 4 days.
Shortest trade duration:  14 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A bit of a nothing week, I was busy with some other matters.
Commodity stocks were weaker after results from BP and RD Shell.
The BREXIT deadline came and went, it's now been extended until the end of January (2020..?)

Well below my weekly 2.5% benchmark.

October was not a good month - I made 66 trades and produced a negative return of 1.23%.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

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.

Trading Summary Week Ended 27th of September 2019

15 Trades:

1 GLEN + 13 BPS.
2 MTRO + 565 BPS.
12 UK100 + 223 BPS.

6 long trades + 184 BPS.
9 short trades + 617 BPS.
8 intra-day trades - 310 BPS.
7 multi-day trades + 1111 BPS.
Total trades net + 801 BPS.

Return on account for the week + 0.53 % net.
P:L ratio 21.2:1.
Days traded: 5.
Longest trade duration: 34 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week's trading.

The FTSE made new 30 day high on Friday at 7440.77. Crude oil was volatile again.
Short of my 2.5% weekly benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 20th September 2019

12 Trades:

3 BP - 1304 BPS.
1 FRES + 22 BPS.
1 MTRO + 253 BPS.
7 UK100 + 70 BPS.

7 long trades - 1253 BPS.
6 short trades + 21 BPS.
9 intra-day trades + 335 BPS.
9 multi-day trades - 1294 BPS.
Total trades net - 959 BPS.

Return on account for the week - 0.04 % net.
P:L ratio 0.8:1.
Days traded: 5.
Longest trade duration: 348 days.
Shortest trade duration:  5 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A poor week's trading.

Crude oil had a huge move after Saudi oil facilities were bombed. 
Short of my 2.5% weekly benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 13th September 2019

17 Trades:

2 BHP + 347 BPS.
2 BP + 87 BPS.
13 UK100 + 146 BPS.

11 long trades + 559 BPS.
6 short trades + 21 BPS.
8 intra-day trades + 152 BPS.
9 multi-day trades + 428 BPS.
Total trades net + 580 BPS.

Return on account for the week + 0.63 % net.
P:L ratio 4:1.
Days traded: 5.
Longest trade duration: 8 days.
Shortest trade duration:  5 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week, there were lots of technical issues with my online trading platform.

Short of my 2.5% weekly benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 6th of September 2019

18 Trades:

1 BHP + 40 BPS.
1 BP - 127 BPS.
1 GLEN + 24 BPS.
2 MTRO + 196 BPS.
14 UK100 + 263 BPS.

15 long trades + 303 BPS.
3 short trades + 93 BPS.
11 intra-day trades + 146 BPS.
7 multi-day trades + 250 BPS.
Total trades net + 396 BPS.

Return on account for the week + 0.70 % net.
P:L ratio 19.7:1.
Days traded: 5.
Longest trade duration: 247 days.
Shortest trade duration:  5 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week, there were lots of technical issues with my online trading platform.

Short of my 2.5% weekly benchmark.

Looking forward to a better week next week.


Stay disciplined.
Stay focussed.
Stay humble.

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.