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 7th July 2017 21 Stock Trades: 3 AAL - 145 BPS. 9 BLT + 160 BPS. 3 GLEN + 281 BPS. 6 RIO + 507 BPS. 18 long trades + 948 BPS 3 short trades - 145 BPS. 8 intra-day trades + 93 BPS. 13 multi-day trades + 710 BPS. Stocks net + 803 BPS. Return on account for the week + 4.87 % net. P:L ratio 2.52:1. Days traded: 5. Longest trade duration: 84 days. Shortest trade duration: 34 min. No Index trades. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another volatile week. Above my 2.5% weekly benchmark. Some poor entries and exits. Looking forward to more opportunities and some quality cycle racing next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 7th July 2017 24 Stock Trades: 7 AAL - 599 BPS. 13 BLT - 380 BPS. 5 GLEN + 300 BPS. 23 long trades + 731 BPS 2 short trades - 1410 BPS. 6 intra-day trades + 216 BPS. 19 multi-day trades - 895 BPS. Stocks net - 679 BPS. Return on account for the week - 1.03 % net. P:L ratio 0.85:1. Days traded: 5. Longest trade duration: 90 days. Shortest trade duration: 4 min. No Index trades. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Not a good week. Took a hit on a couple of short positions that I held too long. Well below my 2.5% weekly benchmark. Some poor entries and exits. Looking forward to a better week next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 21st July 2017 4 Stock Trades: 2 BLT - 1512 BPS. 2 RIO - 1243 BPS. 2 long trades + 171 BPS 2 short trades - 2927 BPS. No intra-day trades. 4 multi-day trades - 2755 BPS. Stocks net - 2755 BPS. Return on account for the week - 12.78 % net. P:L ratio 0.05:1. Days traded: 1. Longest trade duration: 96 days. Shortest trade duration: 13 days. No Index trades. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another poor week. Took a hit on a couple of short positions that I held too long. Looking forward to a better week next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 28th July 2017 1 Stock Trade: 1 AAL + 523 BPS. 1 long trade + 523 BPS No short trades. No intra-day trades. 1 multi-day trads + 523 BPS. Stocks net + 523 BPS. Return on account for the week + 2.7 % net. P:L ratio N/A. Days traded: 1. Longest trade duration: 64 days. Shortest trade duration: 64 days. No Index trades. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A quiet week. Didn't trade for most of the week. Looking forward to a better week next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 11th August 2017 4 Stock Trades: 4 AAL - 2639 BPS. 2 long trades + 1980 BPS 2 short trades - 4619 BPS. No intra-day trades. 4 multi-day trades - 2639 BPS. Stocks net - 2639 BPS. Return on account for the week - 18.53 % net. P:L ratio 0.39:1. Days traded: 1. Longest trade duration: 119 days. Shortest trade duration: 15 days. No Index trades. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another poor week. Took a hit on a couple of short positions. Looking forward to a better week next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 18th August 2017 1 Stock Trades: 1 AAL + 1428 BPS. 1 long trade + 1428 BPS. No short trades. No intra-day trades. 1 multi-day trades + 1428 BPS. Stocks net + 1428 BPS. Return on account for the week +6.82 % net. P:L ratio N/A. Days traded: 1. Longest trade duration: 34 days. Shortest trade duration: 34 days. No Index trades. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A quiet week. Looking forward to a better week next week. Stay disciplined. Stay focussed. Stay humble.