Welcome in my trading report for July 2015.
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 July
July is a beginning of new season of the quarterly results, but all at the same time beginning of holidays. And in holiday season with changeability is differently. However, I think that July was quite successful. Larger range during the session, and volume wasn’t as bad as on holidays.
Number of trading days
In July there was 22 trading days. 3 July was a holiday – Independence Day in the USA.
Personally I trade in July in 19 sessions. I missed 3 sessions, since I went to Woodstock 🙂
Events affecting trading
Above all, constantly flowing information from Greece – it was (let us call it this way) the main motor during few sessions. Also constantly falling prices of companies from the energy sector trigger changeability. Of course, to it are included quarterly results of companies.
Monthly balance sheet
I finished the July with a result: 11.64%.
Previous month: 5.57%
This is a result including average capital, which in the month scale was invested in opened positions.
Summary result from the beginning of year: 58,87%.
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 3880 transactions to the total number of 180 companies. Majority of transactions were carried out with a use of scalping and momentum strategies. As always, everything is supported with tape reading.
Average value of a single position
Average value to opened position: 957 shares.
Previous month: 1158 shares. Decrease of 17.3% average position value.
As can be seen the average size of position firmly dropped. Why such a change? Above all, my first entry in positions in previous month was smaller. Next I selected to position when the course headed my direction. However, this statistics regards opened size, not by summing accumulation.
Average time of keeping all positions.
In July: 4 minutes 4 seconds (in June 5 minutes 38 seconds).
With division into positions:
- long: 4 minutes 13 seconds
- short: 3 minutes 51 seconds
Again short positions were held longer. What again is a confirmation that short trading is more often and longer used by me. I like such trade far more.
Transaction effectiveness
Effectiveness in July: 47.90% (in June 48.41%)
With division into positions:
- long: 47.14%
- short: 48.99%
In recent months my effectiveness decreased. It decreased below a level of 50%. As for now this decrease is slight, so it doesn’t worry me completely. From some time I’m testing other management position, and more specifically time of keeping earn position in order to maximize the profit in case of use momentum and breakout/breakdown strategy. To some extent it affects the efficiency, but certain conclusions from changes I already draw up. We will see over the next months, how the effectiveness rather than profits will change.
Effectiveness with division into hours
In the last month I quite quickly realized that the first 30-40 minute sessions is not for me. Too empty Level II, which strongly affected effectiveness of decisions taking. Therefore, in first 30-40 minutes I limited trading. I focused more on lunchtime and end of the session, which much affected results.
How it looked like in last month:
Conducted transactions between 10:10 am and 1:30 am brought about 65% of generated in the last month profits.
Effectiveness with division into weekdays
Friday effectiveness was very low. Total sessions on Friday in the last month brought me losses, but also on Fridays I trade the least. The best turned out to be Wednesday – during Wednesday’s sessions I earned 46% of monthly profits.
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$/month
- Hard to borrow list: 191,2$
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.
