Trading Summary Week Ended 6th November 2020

 

14 Trades:

1 AAL + 36 BPS.

13 UK100 - 660 BPS.

4 long trades  - 344 BPS.
10 short trades  - 280 BPS.
10 intra-day trades + 92 BPS.
4 multi-day trades - 716 BPS.

Total trades net  - 624 BPS.

Return on account for the week - 0.59 % net.

P:L ratio 0.13:1.
Days traded: 5.
Longest trade duration: 175 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A tough week on the equity markets. The US election is still undecided, but the markets reacted very positively.

Equities rallied, the FTSE gained 333 points, or just under 6% over the week.

Well south of  my 2.5 % bench mark.

 

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 30th October 2020

    

19 Trades:

19 UK100 + 383 BPS.

6 long trades  - 396 BPS.
13 short trades  + 779 BPS.
13 intra-day trades + 38 BPS.
6 multi-day trades + 345 BPS.

Total trades net  + 383 BPS.

Return on account for the week + 0.35 % net.

P:L ratio 1.94:1.
Days traded: 5.
Longest trade duration: 55 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A tough week on the equity markets. 

Equities were weaker, the FTSE broke below 5600, commodity stocks sold off.

Over the week, the FTSE lost 288 points or nearly 5 %.

Next week we have the US election of course, which is bound to produce some volatility.

Still short of  my 2.5 % bench mark.

 

For the month of October, I made 86 trades for a net return of 0.42 %. A difficult month.

The FTSE lost over 5% in the same period.

Hopefully better trading into November.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 23rd of October 2020

   

16 Trades:

16 UK100 - 521 BPS.

7 long trades  - 517 BPS.
9 short trades  - 4 BPS.
12 intra-day trades + 42 BPS.
4 multi-day trades - 563 BPS.

Total trades net  - 521 BPS.

Return on account for the week - 0.49 % net.
P:L ratio 0.35:1.
Days traded: 5.
Longest trade duration: 160 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another difficult week. 

Equity markets were weaker, the FTSE broke below 5800 again, losing 59 points or 1 % over the week.

Well below my 2.5 % bench mark.

 

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 16th of October 2020

  

29 Trades:

29 UK100 + 426 BPS.

18 long trades  - 191 BPS.
11 short trades  + 617 BPS.
22 intra-day trades + 63 BPS.
7 multi-day trades + 363 BPS.

Total trades net  + 426 BPS.

Return on account for the week + 0.39 % net.
P:L ratio 2.52:1.
Days traded: 5.
Longest trade duration: 72 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another week on the equity markets. 

Equity markets were weaker, the FTSE broke below 5800 on Thursday, before regaining 5900 by the end of the week

Well below my 2.5 % bench mark.

 

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 9th October 2020

 

13 Trades:

1 BP + 32 BPS.

12 UK100 + 52 BPS.

8 long trades  + 41 BPS.
5 short trades  + 43 BPS.
13 intra-day trades + 84 BPS.
No multi-day trades.
Total trades net  + 84 BPS.

Return on account for the week + 0.05 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 171 min.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another tricky week on the equity markets. 

Equity markets were stronger, with the FTSE breaking above 6000 towards the end of the week.

Oil & gas stocks found some buyers, as did the mining stocks.

Well below my 2.5 % bench mark.

 

Hopefully better trading next week.

Looking at what is happening in the wider world of economics, I thought this video by George Gammon was very interesting...

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 2nd of October 2020

 

13 Trades:

1 AAL + 10 BPS.

12 UK100 + 171 BPS.

5 long trades  + 40 BPS.
8 short trades  + 141 BPS.
12 intra-day trades + 82 BPS.
1 multi-day trades + 99 BPS.
Total trades net  + 181 BPS.

Return on account for the week + 0.16 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 30 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A tricky week on the equity markets. 

Equity markets were pretty weak, with the FTSE making a low of 5809 on Friday.

Over the week the index actually gained 59 points or 1.02 %.

Oil & gas stocks were weak yet again, with BP making new 52 week lows.

I made a few very poor trade exits. Well below my 2.5 % bench mark.

 

Hopefully better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

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.

Trading Summary Week Ended 7th August 2020

 

14 Trades:

2 BP + 37 BPS.
12 UK100 + 165 BPS.

3 long trades - 168 BPS.
11 short trades  + 370 BPS.
7 intra-day trades + 134 BPS.
7 multi-day trades + 68 BPS.
Total trades net  + 202 BPS.

Return on account for the week + 0.15 % net.
P:L ratio 1.54:1.
Days traded: 5.
Longest trade duration: 40 days.
Shortest trade duration:  8 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A 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.

Trading Summary Week Ended 31st July 2020

14 Trades:

2 FRES + 1,223 BPS.
12 UK100 + 1,550 BPS.

5 long trades + 851 BPS.
9 short trades  + 1,922 BPS.
7 intra-day trades + 252 BPS.
3 multi-day trades + 2,521 BPS.
Total trades net  + 2,773 BPS.

Return on account for the week + 1.82 % net.
P:L ratio 6.14:1.
Days traded: 4.
Longest trade duration: 338 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A volatile week on the equity markets.

Equities sold off on Thursday, with the FTSE breaking below the important 6000 level, commodity stocks and the banks were very weak. Then on Friday the index broke the previous day's low, closing at 5897.76.
For the week, the FTSE lost 226 points, or 3.69 %.

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

For the month of July, I made 58 trades and a net return of 1.10 %.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 24th July 2020

12 Trades:

1 FRES + 530 BPS.
11 UK100 + 117 BPS.

10 long trades + 588 BPS.
2 short trades  + 59 BPS.
9 intra-day trades + 53 BPS.
3 multi-day trades + 594 BPS.
Total trades net  + 647 BPS.

Return on account for the week + 0.19 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 18 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week on the equity markets.

Equities sold off on Thursday and Friday, whilst precious metals rallied, gold neared the $ 1900 level, whist silver traded above $ 23. The Gold/silver ratio has fallen from the 120 level we saw in March, back to the low 80s.
The strength of precious metals saw FRES making new 52 week highs this week.
For the week, the FTSE lost 166 points, or 2.65 %.

A poor week's trading for me.
Well below my 2.5% benchmark.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 17th July 2020

10 Trades:

1 BP + 599 BPS.
2 FRES + 1,221 BPS.
7 UK100 + 270 BPS.

9 long trades + 1,491 BPS.
1 short trades  + 599 BPS.
6 intra-day trades + 62 BPS.
6 multi-day trades + 2,028 BPS.
Total trades net  + 2,090 BPS.

Return on account for the week + 0.45 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 363 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A difficult week on the equity markets.

The FTSE rallied 195 points or 3.2 % over the week, commodity stocks were strong with RIO and FRES making new 52 week highs. Gold and silver also saw more strength.

Not a very good week for me, I closed a long way too soon, and also missed some good long opportunities. Well below my 2.5% benchmark.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 10th July 2020

12 Trades:

3 BHP - 7,313 BPS.
9 UK100 - 210 BPS.

3 long trades - 1,947 BPS.
9 short trades  - 5,576 BPS.
6 intra-day trades + 24 BPS.
6 multi-day trades - 7,547 BPS.
Total trades net  - 7,523 BPS.

Return on account for the week - 1.68 % net.
P:L ratio 0.08:1.
Days traded: 5.
Longest trade duration: 588 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week on the equity markets.

We saw a sell-off on Thursday, before a rally on Friday. Oil stocks were hit.
Over the week, the FTSE lost 62 points, or 1.01 %.

Not a very good week for me, well below my 2.5% benchmark.

During June, I made 151 trades and a net return of 0.82 %.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 3rd July 2020

12 Trades:

12 UK100 + 372 BPS.

12 long trades + 372 BPS.
No short trades.
10 intra-day trades + 185 BPS.
12 multi-day trade + 187 BPS.
Total trades net + 372 BPS.

Return on account for the week + 0.34 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 6 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Another challenging week on the equity markets.

Over the week, the FTSE lost just 2 points, or 0.03 %.

Not a very good week for me, well below my 2.5% benchmark.

During June, I made 151 trades and a net return of 0.82 %.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 26th June 2020

25 Trades:

3 FRES - 14,002 BPS.
1 GLEN + 127 BPS.
21 UK100 - 952 BPS.

9 long trades - 1,746 BPS.
16 short trades - 13,081 BPS.
13 intra-day trades + 64 BPS.
12 multi-day trade - 14,891 BPS.
Total trades net - 14,827 BPS.

Return on account for the week - 2.23 % net.
P:L ratio 0.22:1.
Days traded: 5.
Longest trade duration: 512 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A very challenging week on the equity markets.

The FTSE fell sharply midweek, dropping over 3% on Wednesday, then dropping further on Thursday, to test the 6030 zone, before rallying back above 6200 on Friday.

Over the week, the FTSE lost 133 points, or 2.12 %.

Not a great week for me, booked some losses on a couple of very poor positions on FRES.

Looking forward to better trading next week.

Stay disciplined.
Stay focussed.
Stay humble.