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 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 21st 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 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 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 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 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 min. (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 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 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.