Welcome in my trading report for May 2016. I was totally focused on trading this month. Great signals especially on stocks in price range that I like to trade so up to 30$. Currently I’ve been working on my 5th edition of DayTrader Event Conference.
If you wanna now my result and trading statistics for May – read more.
The most important events on stock exchange last month
Nothing special happen on market last month. Good volatility, but always could be better.
Number of trading days
In May there was 21 trading days.
Personally I trade in May in 21 sessions.
Events affecting trading
My son’s health getting better. So I hope this will be soon about the past. Believe me – life balanace – is very important when trading. If you can’t concentrate / focus on trading because there is something in your mind – it is better to take a break.
What I traded
On weekly basis I do publish – “Last week market movers“. It is weekly recap of stocks that I’ve been trading. Also on Facebook and Twitter I publish on daily basis stockwatch list and stocks that I’m trading.
My most profitable transaction were made on:
- X
- VSLR
- VRX
- USFD
- UA
- TTI
- TDW
- SYRG
- SPEX
- SCTY
- OCLR
- NERV
- MGT
- GSAT
- CTL
- GGP
- AMAT
Biggest lost on:
- ATI
- BABA
- BX
- CHK
- M
- JOY
- VIPS
Here are some videos with my live trading session from May:
Monthly balance sheet
I finished the May with a result: 8,73%.
Previous month: -1,24%
This is a result including average capital, which in the month scale was invested in opened positions.
Great signals last month – especially between 1-5$ and 10-30$ price range. I like to trade this kind of stocks.
Summary result from the beginning of year 2016: 34,31%.
This is a result including average capital, which in the month scale was invested in opened positions.
I have much increased the capital that I’ve been trading in 2016 when I compare it to 2015. In 2016 I will increased it even more once I reach some goals for 2016. On of them is to increase sizes accordingly to the result generated. I have a constant level of used capital. I don’t raise it, because I don’t have such a need – I use solid strategies that are adapted up to specified value of opened position. Invested funds are increased, when I raise the volume of opened positions. Therefore, it is included in the monthly balance sheet.
Generated profits in a given month are paid from the trading account.
Transaction statistics
Below I present analysis of concluded transactions. This analysis is carried out by me every day before the session. Below I place an analysis in the scale of entire month along with information which from my point of view are the most important and to which I pay attention modifying my strategy in subsequent sessions.
In May I conducted 4943 transactions to the total number of 157 companies. Mostly breakouts and reversal – all supported with tape reading.
Average value of a single position
Average value to opened position: 1538 shares.
Previous month: 1830 shares.
A little decrease in number of shares. Why? Because during lunch time I had been trading usually half of my standard position.
Average time of keeping all positions.
In May: 2 minutes 16 seconds (in April 2 minutes 35 seconds).
With division into positions:
- long: 1 minute 43 seconds
- short: 3 minutes 13 seconds
As usual – short positions last longer than longs.
Transaction effectiveness
Effectiveness in May: 45.41% (in April 41.45%)
With division into positions:
- long: 45.01%
- short: 46.08%
Same effectiveness on longs and short positions.
Effectiveness with division into hours
Decrease in effectiveness in first 20 minutes. During lunch time I trade not a lot and try to not touch scalping strategy.
How it looked like in last month:
Fixed costs from trading
Below I present costs that involve use of: platform, quoting, additional orders of shorts from the HTB list (hard to borrow).
- Trading platform: 130$/month
- Quoting: 285.74$/month
- Sterling Scanner: 40$/month
- Trade Ideas scanner: 74$/month (use special coupon codes for Trade Ideas just for BeDayTrader.com readers!)
- Benzinga PRO news: 39$/month
- Hard to borrow list: 303,3$
Fixed costs is a platform and quoting (in case of quoting I use all data, hence the maximum price). Additionally, I use scanners and system of news.
Hard to borrow – it’s cost of order additional shorts, which aren’t free available in a given session.
Note that I don’t treat the above mentioned charges as an expense. Of course, if they weren’t – I wouldn’t be mad 🙂 However, they constitute an indispensable monthly element. The same as loss positions, there are costs which I incur in order to use fully my strategies.
Thank you for reviewing my report trading. In consecutive month there will be other! Meanwhile, feel free to add comments below!
Described above statistics concern the account, which I use as part of RemoteDayTraderGroup.com; It is group of Proprietary Trading type – focused on trading on American stock exchanges of NYSE | NASDAQ | AMEX.
