Welcome in my trading report for March 2016. Very short month for me. Some other things took place in my life, so I wasn’t able to focus on trading. Sometimes it is better to take a break when you are not able to trade in 100%. But anyway on these sessions that I have chance to trade – I made very nice profits.
If you wanna now my result and trading statistics for February – read more.
The most important events on stock exchange last month
I was trading in first half of March. I focused on Energy&Oil stocks. Great move up, then down on most of them.
Number of trading days
In March there was 23 trading days. One day market was closed.
Personally I trade in March in 11 sessions.
Events affecting trading
I was trading till 11th of March. Then I take a break. Just trade during 2 session after 11th, but I shouldn’t 🙂
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:
- VXX
- SDRL
- CHK
- UPL
- WLL
- LINE
- SWN
- DNR
- ETP
- CRC
- CNX
Biggest lost on:
- EPE
- MO
- UDR
Examples of my trades:
Monthly balance sheet
I finished the March with a result: 16,2%.
Previous month: 3,25%
This is a result including average capital, which in the month scale was invested in opened positions.
Some good session especially on Energy&Oil sector. I focuse totally on it. There was a great move up on most of them. Right after that all of them moves back down..
Summary result from the beginning of year 2016: 26.82%.
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 March I conducted 2535 transactions to the total number of 43 companies. Mostly breakouts and tape reading.
Average value of a single position
Average value to opened position: 1864 shares.
Previous month: 1312 shares.
I’ve been increasing initial size that I traded. So at this moment I open 2000 shares as initial size then add x2, x3 etc.
Average time of keeping all positions.
In March: 1 minute 42 seconds (in February 2 minutes 36 seconds).
With division into positions:
- long: 1 minute 19 seconds
- short: 2 minutes 19 seconds
Decrease in time of keeping positions. What is the reason? I traded using tape reading strategies. Most of them last 10-20 seconds.
Transaction effectiveness
Effectiveness in March: 48.99% (in February 43.34%)
With division into positions:
- long: 49.54%
- short: 48.09%
When I am trading using tape reading strategies – I’ve got very small stop losses on each positions. This results in a little bit lower effectiveness. In March I traded also a lot of breakouts – effectiveness there was almost 80%.
Effectiveness with division into hours
Pre market – usually I’ve got very high effectiveness. In March it was just 51%. Also in first 40 minutes of session I focused on tape reading strategies – so effectivenes is about 40%. In second part of session I traded mostly breakouts.
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$/month
- Hard to borrow list: 252,86$
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.
