Trading Summary Week Ended 31st January 2020

10 Trades:

1 BP + 338 BPS.

9 UK100 + 94 BPS.

7 long trades + 63 BPS.
3 short trades + 369 BPS.
6 intraday trades + 67 BPS.
4 multi-day trade + 365 BPS.
Total trades net + 432 BPS.

Return on account for the week + 0.25 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 92 days.
Shortest trade duration:  2 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A really difficult week, the equity markets fell on the news of the worsening situation in China re the corona virus.

Commodity stocks were badly hit, and the FTSE lost 300 points, or just short of 4% on the week. The FTSE mining index lost over 1100 points or 6% this week.  RD Shell lost over 9%.

Well below  my weekly 2.5% benchmark.

For the month of January I made 39 trades and saw a net return of just 0.86%... a very challenging month. The FTSE fell 3.40% during the month.

Looking forward better trading opportunities next month.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 24th January 2020

7 Trades:

1 AAL + 289 BPS.

6 UK100 - 292 BPS.

4 long trades + 547 BPS.
3 short trades - 550 BPS.
3 intraday trades + 16 BPS.
6 multi-day trade - 19 BPS.
Total trades net - 3 BPS.

Return on account for the week - 0.47 % net.
P:L ratio 0.61:1.
Days traded: 5.
Longest trade duration: 47 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Not a good week. The equity market rally faltered this week, as Fears over the virus hitting China seemed to have spooked the equity markets on Thursday, with the commodity stocks taking a hit, before bouncing near to the recent high (7689) on Friday.

Again it's unwise to be short this market for very long.

Well below  my weekly 2.5% benchmark.

Looking forward better trading opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 17th January 2020

9 Trades:

1 FRES + 182 BPS.

8 UK100 + 194 BPS.

8 long trades + 714 BPS.
1 short trades - 338 BPS.
3 intraday trades + 25 BPS.
6 multi-day trade + 351 BPS.
Total trades net + 376 BPS.

Return on account for the week + 0.43 % net.
P:L ratio 1.59:1.
Days traded: 5.
Longest trade duration: 106 days.
Shortest trade duration:  4 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

The equity market rally continued this week, with the US indices making new all time highs.
Miners were strong, and the FTSE hit 7689 on Friday after expiry.
The FTSE mining index gained over 600 points on last week's close.
All dips are still being bought.

Made a couple of very premature exits on the FTSE (longs naturally).

Short of  my weekly 2.5% benchmark.

Looking forward better trading opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 10th January 2020

8 Trades:

2 BHP + 42 BPS.

6 UK100 + 27 BPS.

8 long trades + 69 BPS.
0 short trades.
7 intraday trades + 47 BPS.
1 multi-day trade + 22 BPS.
Total trades net + 69 BPS.

Return on account for the week + 0.08 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 1 day.
Shortest trade duration:  8 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

The first full trading week of the new year. Not a great start for me.

On the equity markets, FTSE was range - bound for most of the week, trading down to 7525 and as high as 7632.
The US markets continued their march ever higher, after selling off on Tuesday night (after Iran retaliated against the US over the killing of a senior military officer), before quickly resuming the rally. On Friday both the SPX 500 and the Dow made new all time highs. All dips are still being bought.

Below my weekly 2.5% benchmark.

Looking forward better trading opportunities next week.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 3rd January 2020

9 Trades:

1 FRES + 40 BPS.

8 UK100 + 281 BPS.

9 long trades + 321 BPS.
0 short trades.
8 intraday trades + 86 BPS.
1 multi-day trades 235 BPS.
Total trades net + 281 BPS.

Return on account for the week + 0.61 % net.
P:L ratio N/A.
Days traded: 3.5.
Longest trade duration: 98 days.
Shortest trade duration:  1 min.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

So we reached 2020 and the world is still more or less in one piece.
My new year was pretty quiet, I actually detest new year's eve and all the hullabaloo, and was asleep well before the clocks struck midnight.
At least the weather over Christmas and the new year was decent.

On the equity markets, the rally on the FTSE faltered after hitting 7665 on the 27th December. Crude spiked early on Friday after the US announced it had killed a senior Iranian General.

Only a few trades, as the markets were closed for a day and a half this week.

Below my weekly 2.5% benchmark.

For the month of December, I made a net return of 2.7%, with 36 trades closed.

Looking forward to more trading opportunities in 2020.

Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 27th December 2019

2 Trades:

2 UK100 + 316 BPS.

2 long trades + 316 BPS.
0 short trades.
0 intraday trades.
2 multi-day trades  + 316 BPS.
Total trades net + 316 BPS.

Return on account for the week + 0.67 % net.
P:L ratio N/A.
Days traded: 2.5.
Longest trade duration: 88 days.
Shortest trade duration:  3 days.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

Christmas week was pretty uneventful. The rally on the FTSE continued, with the index hitting 7665 on Friday.

In the US the SPX broke through 3240, making new all time highs.

Only a couple of trades. Again below my weekly 2.5% benchmark.


Stay disciplined.
Stay focussed.
Stay humble.

Trading Summary Week Ended 20th December 2019

3 Trades:

1 AAL + 94 BPS.
2 UK100 + 210 BPS.

3 long trades + 304 BPS.
0 short trades.
0 intraday trades.
3 multi-day trades  + 304 BPS.
Total trades net + 304 BPS.

Return on account for the week + 0.50 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 14 days.
Shortest trade duration:  3 days.
(All PNL expressed in basis points for the purpose of comparison.)

Thoughts

A quieter week. The post election rally on the FTSE continued, with the index testing the 7600 level on Friday.

In the US the SPX broke through 3200, yet another new all time high.

Again below my weekly 2.5% benchmark.

Next week the LSE closes early on Tuesday for Christmas, and re-opens on Thursday. The markets will no doubt be fairly quiet.


Stay disciplined.
Stay focussed.
Stay humble.

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.