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US weekly equities trading

Discussion in 'Trading Diaries and Journals' started by Kryzz, Oct 15, 2017.

  1. Kryzz

    Kryzz shaun

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    Hi All

    Have been focusing almost exclusively on US equities for the past few months, trading breakouts primarily off of the weekly timeframe, with some reversals. I haven't seen too much longer term US based trading on ASF recently, keen for some feedback accordingly as to where I can improve.

    I'll try to update this thread every week or two and when I initiate/close positions. Approx $15k USD in an IB account so brokerage is negligible. Recent months has seen profits erode due to the rising AUD. Currently I'm not hedging this account.

    Open positions listed below and some screenshots of trades taken.

    Fingers crossed!
     

    Attached Files:

  2. Wysiwyg

    Wysiwyg Everyone wants money

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    Was it only a dollar to buy that last parcel of 32 CVX shares because the difference in P&L from entry to present share price is 4.16 not including brokerage and you have 3.16 in the P&L column.
    Very low brokerage if it is one dollar.
     
  3. Kryzz

    Kryzz shaun

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    It was yeah, another appeal of trading the US markets. Commission drag almost non existent
    IB.JPG
     
  4. Wysiwyg

    Wysiwyg Everyone wants money

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    Per share works out very inexpensive for higher priced stocks. Stock picks look good, thanks.
     
  5. Kryzz

    Kryzz shaun

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    Stopped out of O last night for a small loss (-0.26R)

    AAL & ACN looking the best of the bunch. Needing DLPH to turn around soon.

    O.png
     
  6. Kryzz

    Kryzz shaun

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    aee.png

    New long last night, initial entry slightly missed.

    aee.png
     
  7. Kryzz

    Kryzz shaun

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    An interesting table I came across yesterday, wish I had been trading US equities for a lot longer (especially with the constant falls in the AUDUSD over the years too)!

    Permabears still calling for a correction, will be ready to revert to cash if it does occur. Doesn't look like any sign of that occurring soon though.

    SP500 monthly chart and table below for reference.

    drawdowns.PNGsp.png
     
  8. Kryzz

    Kryzz shaun

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    Got stopped out of CVX last week for a full 1R. Portfolio is down a little less than 1% since the first post.

    Two buy orders pending for ALL & CNP:

    US equities.PNG

    CNP.png

    all.png
     
  9. Kryzz

    Kryzz shaun

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    New long entered last night. AVGO.

    avgo.png
     
  10. Kryzz

    Kryzz shaun

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    ALL buy stop was triggered throughout the week also closing +4.38%.

    Fully invested now almost. Although it looks like DLPH is likely to be stopped out soon, have given it over six weeks to go up but to no avail. Have got the stop in place at a minor low, locking in approx a 1R gain.

    Total portfolio value is slightly higher than what's represented in the spreadsheet below due to currency fluctuations.

    US.PNG

    ALL - us.png
     
  11. Kryzz

    Kryzz shaun

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    DLPH stopped out as expected, for 0.85r.

    New buy triggered late last week: CMS @ 42.03

    CMS.png
     
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