Summary Week Ended Friday 2nd November 2012

20 Trades:

1 ANTO + 2.32 BPS

1 BARC + 17.50 BPS

13 BG – 16.17 BPS

3 BLT + 25.33 BPS

1 BP + 302.40 BPS

1 FTSE + 1.19 BPS

NET + 332.21 BPS

Thoughts

Traded five days this week.

US markets were closed on Monday & Tuesday due to hurricane Sandy, NYSE reopened on Wednesday

Huge volatility on BG after results.

A decent week, although I gave some profit back trading BG too much. Best profit was a long on BP which I held overnight as it hadn't hit my stop and closed at 0822 after results came out strong.

I need to concentrate on the stocks which pay best and I have deleted LLOY from the stock list as the spread is too wide for intraday trading.

Stay disciplined.

Stay focussed.