Trading Summary Week Ended 26th April 2019 17 Trades: 4 BHP + 111 BPS. 1 BP + 29 BPS. 1 FRES + 375 BPS. 2 GLEN + 287 BPS. 2 MTRO + 331 BPS. 5 UK100 + 178 BPS. 14 long trades + 689 BPS. 3 short trades + 706 BPS. 6 intra-day trades + 318 BPS. 11 multi-day trades + 1077 BPS. Total trades net + 1395 BPS. Return on account for the week + 1.82 % net. P:L ratio N/A. Days traded: 4. Longest trade duration: 140 days. Shortest trade duration: 3 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another four day week, due to the Easter holiday. Not a great week, the FTSE made a new high for the year on Tuesday, before falling back below 7400 on Friday. Commodity stocks were weaker after the recent strength in both oil and mining stocks. Trades were difficult to find. Well short of my 2.5% weekly benchmark. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Can understand the sentiments, for me lately just going up then back down to where I was previously, not alot of headway at all maybe 3 weeks. however I have 5 gold positions which have been dragging me under lately. This lethargy in gold may be coming to an end as there is recent sign of life. As for trades difficult to find, same here. Today Saturday spent several hours running my algo and researching contenders and can only find one stock to buy atm which doesn't appear over valued and which will be bought Monday on open. I'm more long term, don't like daytrading for myself.
Trading Summary Week Ended 3rd May 2019 18 Trades: 3 BHP + 94 BPS. 1 FRES + 34 BPS. 1 STAN + 607 BPS. 2 MTRO + 1769 BPS. 11 UK100 - 15 BPS. 12 long trades + 682 BPS. 6 short trades + 1807 BPS. 13 intra-day trades + 139 BPS. 5 multi-day trades + 2350 BPS. Total trades net + 2489 BPS. Return on account for the week + 0.86 % net. P:L ratio 3.9:1. Days traded: 5. Longest trade duration: 262 days. Shortest trade duration: 4 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A very difficult week. Made some very poor trades on the FTSE. Equity markets were weaker towards the end of the week. Frustrating trading overall. Well short of my 2.5% weekly benchmark. Next week is another four day week due to the May bank holiday. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 10th May 2019 10 Trades: 3 BHP + 162 BPS. 2 STAN + 161 BPS. 1 RDSB + 11 BPS. 4 UK100 + 53 BPS. 7 long trades + 367 BPS. 3 short trades + 20 BPS. 8 intra-day trades + 178 BPS. 2 multi-day trades + 209 BPS. Total trades net + 387 BPS. Return on account for the week + 0.49 % net. P:L ratio N/A. Days traded: 4. Longest trade duration: 1 day. Shortest trade duration: 2 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another four day week due to the bank holiday Equity markets were weaker again, the FTSE losing 177 points (240 BPS) since last Friday's close. Made a couple of poor trade exits. Well short of my 2.5% weekly benchmark. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 17th May 2019 15 Trades: 1 BHP + 47 BPS. 2 FRES - 2413 BPS. 4 GEN + 355 BPS. 2 MTRO + 2571 BPS; 6 UK100 + 110 BPS. 5 long trades - 2506 BPS. 10 short trades + 3176 BPS. 8 intra-day trades + 293 BPS. 7 multi-day trades + 377 BPS. Total trades net + 670 BPS. Return on account for the week + 0.51 % net. P:L ratio 1.5:1. Days traded: 5. Longest trade duration: 201 days. Shortest trade duration: 2 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A difficult week. Frustrating trading conditions overall. Well short of my 2.5% weekly benchmark. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 24th May 2019 21 Trades: 2 BHP + 125 BPS. 1 BP - 1116 BPS. 2 FRES + 109 BPS. 5 GLEN + 1140 BPS. 11 UK100 + 62 BPS. 10 long trades + 174 BPS. 11 short trades + 146 BPS. 12 intra-day trades + 257 BPS. 9 multi-day trades + 63 BPS. Total trades net + 320 BPS. Return on account for the week + 0.96 % net. P:L ratio 5.1:1. Days traded: 5. Longest trade duration: 169 days. Shortest trade duration: 2 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another tricky week. Well short of my 2.5% weekly benchmark. London will be closed on Monday for the May bank holiday, and I'm taking a much needed short break. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 31st May 2019 6 Trades: 3 GLEN + 866 BPS. 3 UK100 + 56 BPS. 0 long trades. 6 short trades + 922 BPS. 2 intra-day trades + 10 BPS. 4 multi-day trades + 912 BPS. Total trades net + 922 BPS. Return on account for the week + 0.77 % net. P:L ratio N/A. Days traded: 4. Longest trade duration: 15 days. Shortest trade duration: 10 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another four day week due to the bank holiday. Equity markets were weaker, mainly on continued trade tensions. Crude oil was weaker too. Again short of my 2.5% weekly benchmark. During May I made 61 trades and a net return of 3.39%, not an easy month that's for sure. Looking forward to better trading opportunities in June. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 7th June 2019 13 Trades: 1 GLEN + 364 BPS. 12 UK100 + 287 BPS. 5 long trades + 63 BPS. 8 short trades + 589 BPS. 7 intra-day trades + 71 BPS. 6 multi-day trades + 581 BPS. Total trades net + 652 BPS. Return on account for the week + 1.77 % net. P:L ratio N/A. Days traded: 5. Longest trade duration: 70 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another quiet week. Equity markets sold off on Monday before rallying strongly into and Friday. The FTSE rebounded over 3.7% from the lows of Monday. Crude oil stared the weak lower but rallied too. Again short of my 2.5% weekly benchmark. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 14th June 2019 11 Trades: 1 BHP + 40 BPS. 1 FRES + 7 BPS. 1 STAN + 286 BPS. 1 MTRO + 56 BPS. 7 UK100 + 168 BPS. 9 long trades + 494 BPS. 2 short trades + 63 BPS. 6 intra-day trades + 84 BPS. 5 multi-day trades + 473 BPS. Total trades net + 557 BPS. Return on account for the week + 1.04 % net. P:L ratio N/A. Days traded: 5. Longest trade duration: 33 days. Shortest trade duration: 13 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another difficult week. Equity markets were stronger early in the week, but sold off on Friday. Crude oil was volatile following news from the gulf about a tanker attacked. Miners were firmer with RIO setting 52 week highs, BHP and AAL were also bullish. Once again short of my 2.5% weekly benchmark. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 21st June 2019 13 Trades: 1 AAL + 137 BPS. 1 BHP + 187 BPS. 1 BP - 559 BPS. 1 FRES + 297 BPS. 9 UK100 + 142 BPS. 11 long trades + 217 BPS. 2 short trades - 13 BPS. 5 intra-day trades + 47 BPS. 8 multi-day trades + 157 BPS. Total trades net + 204 BPS. Return on account for the week + 1.18 % net. P:L ratio 7.1:1. Days traded: 5. Longest trade duration: 70 days. Shortest trade duration: 6 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another quiet week. Equity markets were range - bound for most of the week, miners were strong, then on Wednesday RIO warned on its iron ore production, and the sector sold off sharply (over 540 points on the FTSE mining index, NMX1770). Crude oil was strong following more news from the gulf, the US claiming that a drone was shot down by Iran. Gold also broke above $ 1400 on Friday morning for the first time in a few years. A poorly timed trade exit on BP spoiled what could have been a decent week. Once again short of my 2.5% weekly benchmark. Looking forward to better trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.