Trading Summary Week Ended 29th October 2021 35 Trades: 24 US500 - 460 BPS. 11 UK100 - 140 BPS. 18 long trades + 1092 BPS. 17 short trades - 1692 BPS. 27 intra-day trades + 64 BPS. 8 multi-day trades - 664 BPS. Total trades net - 600 BPS. Return on account for the week - 4.22 % net. P:L ratio 0.69:1. Days traded: 5. Longest trade duration: 47 days min. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A very poor week for me on the equity markets. The market continued to grind higher, and the SPX and Dow made new all time highs. Crypto markets were very strong again, ETH made a new all time high above $ 4,400. For the month of October, I made 121 trades my P&L was + 0.51 %. Hoping for for better returns next month. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 5th November 2021 39 Trades: 1 STAN + 48 BPS. 18 US500 + 536 BPS. 10 US 100 + 89 BP. 10 UK100 + 289 BPS. 21 long trades + 1,043 BPS. 18 short trades - 81 BPS. 35 intra-day trades + 183 BPS. 4 multi-day trades + 779 BPS. Total trades net + 962 BPS. Return on account for the week + 2.90 % net. P:L ratio 4.15:1. Days traded: 5. Longest trade duration: 58 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A very volatile week on the equity markets. Markets continued to make new highs, with the SPX, DJI and the Nasdaq all making new all time highs. The FTSE made a new high for 2021 on Friday, above 7,300. The SPX has now more than doubled since last March. Astonishing. The Dow has made a similar move. I made some very poor exits, basically not running longs, especially on the US indices, this is truly a buy the dips and hold market. Hoping for for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 12th November 2021 40 Trades: 2 AAL - 558 BPS. 16 US 500 + 39 BPS. 17 US 100 + 172 BPS. 6 UK 100 + 308 BPS. 20 long trades + 1,579 BPS. 20 short trades - 1,618 BPS. 30 intra-day trades + 154 BPS. 10 multi-day trades - 193 BPS. Total trades net - 39 BPS. Return on account for the week + 5.25 % net. P:L ratio 1.83:1. Days traded: 5. Longest trade duration: 68 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A long and very challenging five days in the equity markets. Markets were very volatile, especially the Nasdaq. The FTSE briefly broke 7,400 for the first time since the COVID19 crash. The SPX was weaker, and did not test the 4,718.50 high we saw last week. I spent a few long days watching the screens, and it was tiring. Still, double my 2.5% bench mark. The negative BPS figure is due to the two trades on AAL being very small compared to the index trades, (about 1/20th of the size.) Hoping for for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 19th November 2021 34 Trades: 5 US 500 + 706 BPS. 10 US 100 + 73 BPS. 19 UK 100 + 48 BPS. 29 long trades + 1,149 BPS. 5 short trades - 322 BPS. 26 intra-day trades + 88 BPS. 8 multi-day trades + 739 BPS. Total trades net + 827 BPS. Return on account for the week + 4.59 % net. P:L ratio 3.18:1. Days traded: 5. Longest trade duration: 99 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts Another challenging week in the equity markets. We saw some more market volatility. The SPX made another new all time closing high on Thursday, then FTSE sold off after expiry on Friday, testing the 7,200 level. Crude oil was weaker, helping push the FTSE commodity stocks lower. I had a friend over in the early part of the week, so that was a bit of a distraction. Above my 2.5 % weekly bench mark anyway, despite some very poor trade exits. The COVID situation seems to be getting worse here in Europe, with Austria going back into lock down and possibly Germany too. This news led to quite a sell off in equities on Friday. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 26th November 2021 58 Trades: 29 US 500 + 932 BPS. 13 US 100 + 78 BPS. 16 UK 100 + 171 BPS. 51 long trades + 1,898 BPS. 7 short trades - 717 BPS. 47 intra-day trades + 293 BPS. 11 multi-day trades + 888 BPS. Total trades net + 1,181 BPS. Return on account for the week + 8.50 % net. P:L ratio 4.63:1. Days traded: 5. Longest trade duration: 80 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A volatile week in the equity markets. Markets were fairly quiet heading into the Thanksgiving holiday in the US. Then news of yet another new COVID variant in South Africa caused a sharp sell off on Friday morning, with the Dow being over a thousand points down at one point (although at recent levels, a thousand points is not the huge drop it was a few years ago). Crude oil was very weak, helping push the FTSE commodity stocks lower. A decent week, although I missed some good trades. Friday was busy, and I closed 18 trades on the day. Well above my 2.5 % bench mark. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 3rd December 2021 95 Trades: 41 US 500 + 980 BPS. 35 US 100 + 693 BPS. 19 UK 100 - 282 BPS. 64 long trades + 876 BPS. 31 short trades + 515 BPS. 80 intra-day trades + 627 BPS. 15 multi-day trades + 764 BPS. Total trades net + 1,391 BPS. Return on account for the week + 7.45 % net. P:L ratio 5.18:1. Days traded: 5. Longest trade duration: 82 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A volatile week in the equity markets. COVID worries continued to spook investors, and the SPX dropped to 4,495 on Friday. A challenging week, and I missed some good trades, and closed others too early. More than double my 2.5 % bench mark though. For the month of November, I made a total of 202 trades, and a net return of 27 %. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 10th December 2021 67 Trades: 8 US 500 + 70 BPS. 56 US 100 + 560 BPS. 3 UK 100 + 27 BPS. 41 long trades + 401 BPS. 26 short trades + 256 BPS. 60 intra-day trades + 341 BPS. 7 multi-day trades + 316 BPS. Total trades net + 657 BPS. Return on account for the week + 4.14 % net. P:L ratio 5.46:1. Days traded: 5. Longest trade duration: 90 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts More volatility on the equity markets. The US market recovered from last Friday's steep drop, and the SPX traded back above 4710. Then on Thursday we saw some weakness on both the SPX and the Nasdaq, before a rally on Friday after the CPI data was released. US markets are still very near the all time highs, and we are in the most bullish period of the year, so it would not surprise me to see new all time highs before year end. I made the majority of trades on the Nasdaq, with a total of £ 736 k traded on it during the week (compared to just £ 64 k on the SPX and £ 22 k on the FTSE). Well above my 2.5 % weekly benchmark. Hoping for more trading opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 17th December 2021 58 Trades: 12 US 500 - 954 BPS. 44 US 100 + 78 BPS. 2 UK 100 - 487 BPS. 35 long trades - 157 BPS. 23 short trades - 1,206 BPS. 42 intra-day trades + 506 BPS. 16 multi-day trades + -1,869 BPS. Total trades net -1,363 BPS. Return on account for the week - 4.30 % net. P:L ratio 0.59:1. Days traded: 5. Longest trade duration: 101 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A very difficult week on the equity markets. We saw a lot of volatility following the FOMC statement and press conference on Wednesday. I took a hit on several swing trades on both the SPX and the FTSE. Not a good week. I traded £ 517 k in total. Hoping for better figures next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended 23rd September 2022 For various reasons, I haven't updated this blog/journal for some time, but I plan to add weekly updates. 48 Trades: 48 US 500 + 1,438 BPS. 31 long trades - 53 BPS. 17 short trades +1,491 BPS. 39 intra-day trades + 217 BPS. 9 multi-day trades + 1,221 BPS. Total trades net + 1,438 BPS. Return on account for the week + 5.46 % net. P:L ratio 4.8:1. Days traded: 5. Longest trade duration: 8 days. Shortest trade duration: 1 min. (All PNL expressed in basis points for the purpose of comparison.) Thoughts A very volatile week on the equity markets. US indices fell heavily, after the Fed hiked rates on Wednesday. On Friday, the SPX touched 3,644, just eleven points above the June 17th lows, before a sharp bounce in the last couple of hours. The Dow was down over 800 at one point. Over the week the SPX lost 180 points (4.65%). The Nasdaq is now over 32% down from the all time highs, the SPX 23%. A pretty busy week. Well above my 2.5 % weekly benchmark. I missed some excellent short entries. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.