Welcome in my trading report for July and August 2016. Because I had not enough time, I’ve decided to split this reports into one. During holidays I haven’t been trading so much. Mostly because of taking a break, preparing for a DayTrader Event conference and because nothing interested happend on markets.
If you wanna now my result and trading statistics for July/August – read more.
The most important events on stock exchange last month
Start of new quarter so I thought there will be a lot of great stocks to trade. But there were just some.
Number of trading days
In July/August there were 44 trading days.
Personally I trade in 33 sessions.
Events affecting trading
After very hard June, I decided to cut my sizes and trade less. July was ok, also start of August was nice. After that I went on holidays. Should stayed longer, becase when I came back – market was very calm.
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:
- ALIM
- BIND
- BABA
- GBR
- EBIO
- EVOK
- CRC
- FMSA
- HTBX
- GSV
- MRNS
- MXL
- PGNX
- OLN
- SPWR
- SINO
- XCOM
- ZX
Biggest lost on:
- THLD
- RIGL
- PTX
- OPGN
- HZNP
- DELT
- BRCD
Monthly balance sheet
I finished the July/August with a result: 6,71%.
Previous month: 1,06%
It is not a profit that I’m proud of. Should be much more. But anyway after very hard period for me – it is something that helped me to back on green side 🙂
This is a result including average capital, which in the month scale was invested in opened positions.
Summary result from the beginning of year 2016: 42,08%.
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 July/August I conducted 6681 transactions to the total number of 310 stocks. Focused on breakouts/breakdowns.
Average value of a single position
Average value to opened position: 1139 shares.
Previous month: 1211 shares.
I am waiting for market that I like to trade – then I will increase again my sizes.
Average time of keeping all positions.
In July/August: 4 minutes 19 seconds (last month 3 minutes 28 seconds).
With division into positions:
- long: 3 minute 43 seconds
- short: 5 minutes 22 seconds
As usual – short positions last longer than longs.
Transaction effectiveness
Effectiveness in July/August: 44.96% (last month 41.25%)
With division into positions:
- long: 44%
- short: 46,59%
Getting better. My aim for next months is to increase effectiveness to >60%. This will result in less transaction.
Effectiveness with division into hours
Especially open and close worth trading.
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$/month
- Hard to borrow list: 566$
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.
