Welcome in my trading report for August 2015. It was for me in this year a record-breaking month.
Are you interested what result I achieve and to overview statistics? I invite you to my report 🙂
The most important events on stock exchange in August
In August a lot happened. The month began from greater changeability and volume. But that what happened on 20-26 August exceeded my wildest expectations. There was a very dynamic movement, which weren’t seen for a few years, and enabled to earn well. This also allows us draw new conclusions for the future, to exploit such events even better.
And one movie, which presents few transactions from 24 August, when changeability was enormous, and volume really great:
Number of trading days
In August there was 21 trading days.
Personally I trade in August in 19 sessions. I missed 2 sessions.
Events affecting trading
Great declines, which began on Chinese stock-market, were a motor for other stock exchanges. The second issue is an expectation of traders all over the world. Cycles are repeatable. Following this track, next cycle starts in September/October. We had foretaste in August, and what next? We will see what the market will give.
Monthly balance sheet
I finished the August with a result: 35.3%.
Previous month: 11.64%
This is a result including average capital, which in the month scale was invested in opened positions.
I’m very satisfied with the August, I firmly used changeability which appeared. Ambition as always says that it could have been better. But I realize that I used this changeability better than few years ago, such experience is profitable. I wait for another such strong sessions.
Summary result from the beginning of year: 95,37%.
This is a result including average capital, which in the month scale was invested in opened positions.
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 July I conducted 5976 transactions to the total number of 192 companies. Majority of transactions were carried out with a use of scalping and breakdown strategies. As always, everything is supported with tape reading.
Average value of a single position
Average value to opened position: 1062 shares.
Previous month: 957 shares. Increase of 11% average position value.
Average size of the position is invariably in approximately 1000 shares. I note that this is a size of opened position, not total size – to opened positions I select (up, I don’t average of loss positions).
Average time of keeping all positions.
In August: 2 minutes 45 seconds (in July 4 minutes 4 seconds).
With division into positions:
- long: 2 minutes 37 seconds
- short: 2 minutes 59 seconds
In August I trade quite actively, declines were fast and dynamic – therefore entry/exit from the position was quite quick. Average of keeping the position decreased close nearly by half to 2 minutes and 45 seconds. For more than half of the month I focused on scalping entries, which also lowered statistics. There were few entries during which I held positions for a few hours – what for me is really rare.
Transaction effectiveness
Effectiveness in August: 47,59% (in July 47.9%)
With division into positions:
- long: 47.47%
- short: 47.81%
Effectiveness stabilized on a level slightly below 50%. It is an effect of two things – gigantic number of scalping entries in which I have a very narrow stop loss, and thus failed entries are quickly closed.
The second issue is test of a few changes in management positions. Already for some time I try to implement certain changes in my trading, which I hope that will bring notable effects in bigger profits over next months. These changes I implement for 2-3 months and I think that I’ll still need some more in order to fully assess whether it is worth. What kind of change? About it I will tell other time.
Effectiveness with division into hours
In August I trade quite a lot in pre-market – mainly on VXX. Effectiveness above 50% with positions closed above all on a level of entry or with minimal loss. Such I have on VXX strategy.
I strongly limited trading in lunchtime and even a bit farther – I had very little interesting signals in hours – a bit after 11 am to nearly 3 pm. Only the last hour became for me again interesting.
How it looked like in last month:
Transactions which I carried out between 1:30 pm and 3:10 pm totally brought me losses in the last month. The biggest profits totally brought trading between 9:30 am and 9:50 am.
Effectiveness with division into weekdays
The lowest effectiveness was recorded on Thursday. Above all one session caused it, during which simply “it didn’t fit”. Sometimes there are such sessions, where series of signals are simply not-fitted:)
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$/month
- Trade Ideas scanner: 43$/month
- Benzinga PRO news: 39$/month
- Hard to borrow list: 46,5$
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.
