Summary Week Ended Friday 27th December 2013

 

1 Stock Trade:

1 RIO + 28.43 BPS


Stocks net  + 28.43 BPS

7 Index Trades:

7 FTSE + 22.73 BPS


Net all trades + 51.16 BPS

Return on account for the week 1.28 %.

P:L ratio 9.86 : 1.

All short trades, all intraday.

I traded 2.5 days this week.




Thoughts

A quiet week, the market was closed for two and a half days for Christmas.
The German market was closed for three days.

FTSE made new 30 day highs on Friday.

The Dax made yet another all time high, and is over 13% above the 200 DMA, which is not that common:

Stay disciplined.

Stay focussed.

FTSE Cash 24th December 2013

Summary Week Ended Friday 20th December 2013

 

9 stock trades:

2 AAL + 32.04 BPS

7 BLT + 135.69 BPS

Stocks net  + 167.73 BPS

11 Index Trades:

11 FTSE + 48.72 BPS


Net all trades + 216.45 BPS

Return on account for the week 3.17 %.

P:L ratio 2.19 : 1.

Long and short trades, intraday and overnight.

I traded 4.5 days this week.




Thoughts

Another busy week, over 3% return for the week is above target, although I left a lot on the table exiting FTSE longs too soon, ditto with AAL.

I need to trade the index less and concentrate more on stocks, since I think that is where I have made more consistent profits in the past, even allowing for the higher cost in terms of spreads.

Markets were volatile, the Fed sparked a huge rally on the US equity market on Wednesday night after they said that yes they were going to taper, but not by very much. The miners sold off heavily early in the week, this is BLT:

FTSE rallied sharply off the support around 6480.


Next week will probably be pretty quiet, market is closed on the 25th & 26th, and 24th is a half day I think.
Looking forward to ending the month with a reasonable return.


Stay disciplined.

Stay focussed.

The FOMC Effect 18th Dec 2013

BLT Action 16th December 2013

BLT traded in a very wide range today, made a new 30 day low in the opening 15m, then rallied to close @ 1793.

Summary Week Ended Friday 13th December 2013

 

20 stock trades:

2 AAL + 112.70 BPS

16 BLT + 73.86 BPS

2 STAN + 171.34 BPS

Stocks net  + 219.27 BPS

17 Index Trades:

17 FTSE + 51.72 BPS


Net all trades + 270.99 BPS

Return on account for the week 3.58 %.

P:L ratio 2.14 : 1.

Long and short trades, intraday and overnight.

I traded 5 days this week.




Thoughts

A busy week, over 3.5% return for the week is above target.

Markets were quite volatile, I traded the FTSE quite a bit this week. Modest results for quite a lot of work, but then that's the markets for you.

Still no sign of the Santa rally.

FTSE has declined for six consecutive weeks.

Next week is the last full trading week of the year, looking forward to it.


Stay disciplined.

Stay focussed.

FTSE 10th December 2013

Summary Week Ended Friday 6th December 2013

 

14 stock trades:

8 BLT + 136.62 BPS

1 BP + 31.5 BPS

5 STAN + 171.34 BPS

Stocks net  + 339.46 BPS

10 Index Trades:

10 FTSE + 36.47 BPS


Net all trades + 375.93 BPS

Return on account for the week 4.53 %.

P:L ratio 5.46 : 1.

Long and short trades, all intraday.

I traded 5 days this week.




Thoughts

A decent start to the month, over 4% return for the week is above target. Missed plenty of trades but that's normal. I only have one pair of eyes.

Markets were quite volatile, STAN came out with a profits warning and shed over 600 BPS in the first hour's trading on Wednesday.

FTSE is still well off the recent highs, and I'm wondering if Santa is going to appear before the 25th Dec.

FTSE 4 hour chart is interesting right here:

Looking forward to next week's trading.

Stay disciplined.

Stay focussed.

UU Chart 5th December 2013

Weekly Chart...

Resistance may be support.

FTSE Cash 4HR Chart 4th Dec 2013

Summary Week Ended Friday 29th November 2013

 

5 stock trades:

5 BLT + 51.49 BPS


Stocks net  + 51.49 BPS

4 Index Trades:

4 FTSE + 10.03 BPS


Net all trades + 61.52 BPS

Return on account for the week 0.94%

Long and short trades, all intraday.

I traded 3.5 days this week.




Thoughts

A shortened week, did not want to give back the month's profit in the last week, and the US was closed for Thanksgiving.

I will not be trading on the last day of the month.

Some statistics for November:

75 trades.
61 winning trades.
14 losing trades.


57 long trades.
18 short trades.

Return on account 15.70%.

52 Stock trades, net + 585.36 BPS.
23 Index trades, net + 100.11 BPS.

Net BPS + 685.47 BPS.

P:L ratio 2.57:1.

FTSE change during the month: -1.20%.





Stay disciplined.

Stay focussed.

Summary Week Ended Friday 22nd November 2013

 

15 stock trades:

3 AAL + 28.47 BPS

12 BLT + 88.54 BPS


Stocks net  + 117.01 BPS

4 Index Trades:

4 FTSE + 16.10 BPS


Net all trades + 133.11 BPS

Return on account for the week 2.66%

Long and short trades, intraday and overnight.

I traded 4.5 days this week.




Thoughts

A quieter week, and I was not able to find many trades.


I closed a couple of FTSE trades very prematurely (short trades, I am always more nervous trading the short side, something I need to work on I think).

A profit, but well below my weekly target. I had a discussion about targets on Livecharts.co.uk, and it may be that my weekly target of 500 BPS cumulative may be a little high. 

Therefore I may also target 2% return on capital per week, which is more modest and therefore more likely to be acheived.

November is progressing well, but I have to be careful not to give back my profits next week, so I will be trading very cautiously.






Stay disciplined.

Stay focussed.

Summary Week Ended Friday 15th November 2013

 

19 stock trades:

9 AAL - 156.83 BPS

1 BSY + 84.13 BPS

4 BLT + 48.07 BPS

1 CNA + 50.88 BPS

4 STAN + 130.67 BPS


Stocks net  + 156.92 BPS

11 Index Trades:

11 FTSE + 50.34 BPS


Net all trades + 207.25 BPS

Return on account for the week 4.66%

Long and short trades, intraday and overnight.

I traded 5 days this week.




Thoughts

A busy week, a couple of poor entries on AAL cut into my profits this week. We saw a bit more volatility, mainly a reaction to an update from the Bank of England, triggering a sell - off in stocks on Wednesday.

The S&P & Dax made new all time highs, although the FTSE was lacklustre in comparison.

A profit, but well below my weekly target.






Stay disciplined.

Stay focussed.

Summary Week Ended Friday 8th November 2013

 

10 stock trades:

1 BARC + 36.30 BPS

7 BLT + 193.91 BPS

2 STAN + 21.79 BPS


Stocks net  + 252 BPS

4 Index Trades:

4 FTSE + 23.64 BPS

Net trades + 275.64 BPS


Long and short trades, intraday and overnight.

I traded 5 days this week.




Thoughts

A better week, although I cut profitable trades too early (fearful of letting a profit turn into a loss I guess). Still well below my weekly target.

Miners were stronger earlier in the week, then fell back a bit after Friday's payrolls data.

The FTSE held up surprisingly well after Thursday's sell off on the Dow and the S&P.

The ECB announced a surprise rate cut which sparked a short - lived rally (see chart).

Stay disciplined.

Stay focussed.

Surprise ECB Rate Cut 7th Nov 2013

Summary Week Ended Friday 18th October 2013

8 stock trades:

1 AAL + 66.17 BPS

1 BARC + 7.20 BPS

6 BLT + 51.93 BPS

Stocks net  + 125.30 BPS


Long and short trades, intraday and overnight.

No Index trades.

I traded 3 days this week.



Thoughts

A better week, still well down on the month though.





Stay disciplined.

Stay focussed.

Summary Week Ended Friday 1st November 2013

11 stock trades:

1 BARC + 7.63 BPS

7 BLT + 28.43 BPS

3 BP + 10.59 BPS


Stocks net  + 46.65 BPS

3 Index Trades:

3 FTSE + 15.82 BPS

Net trades + 62.47 BPS


Long and short trades, intraday and overnight.

I traded 5 days this week.



Thoughts

Another very difficult week. Traded the FTSE more this week, swing trades but my entries were poor. Market was strong again this week, with the Dax making new all time highs.





Stay disciplined.

Stay focussed.

Summary Week Ended Friday 25th October 2013

17 stock trades:

15 BLT - 76.39 BPS

2 RBS + 6.00 BPS

Stocks net  - 70.39 BPS

Index Trades:

1 FTSE + 11.13 BPS

Long and short trades, intraday and overnight.

I traded 5 days this week.



Thoughts

A poor week. Just could not seem to get in sync with the market.





Stay disciplined.

Stay focussed.

Summary Week Ended Friday 11th October 2013

9 stock trades:

9 BLT - 1103.28 BPS

Stocks net  - 1103.28  BPS


Long and short trades, intraday and overnight.

No Index trades.

I traded 5 days this week.



Thoughts

Another prettty horrible week, just really poor trading on BLT, held trades too long and paid the price.





Stay disciplined.

Stay focussed.

FTSE Cash 29th October 2013

SPX Friday 11th October 2013

Was this a false breakout ?

Summary Week Ended Friday 4th October 2013

6 stock trades:

2 AAL + 18.06 BPS

4 BLT - 1244.28 BPS

Stocks net  - 1226.22 BPS


Long and short trades, intraday and overnight.

No Index trades.

I traded 4 days this week.



Thoughts

A prettty horrible week, just really poor trading on BLT, held trades too long and paid the price.

Hope next week is better.

Stay disciplined.

Stay focussed.

BLT Daily Chart 4th October 2013

Summary Week Ended Friday 27th September 2013

 

14 stock trades:

1 AAL + 35.51 BPS

5 BARC + 191.82 BPS

6 BLT + 91.23 BPS

2 RIO + 12.89 BPS

Stocks net  + 342.45 BPS

P:L ratio was 100:1.

Long trades, intraday and overnight.

No Index trades.

I traded 4 days this week.



Thoughts

Another half - decent week, at least my broadband connection is working properly now.
BLT traded in a fairly narrow range, and made a new 30 day low during the week. BARC trading was better, although I got out of a couple of long trades way too soon.

Friday was pretty volatile on the miners.

BARC chart showing support kicking in at exactly 265:

Stay disciplined.

Stay focussed.

BARC makes a 30 Day Low....

A nice bounce on BARC off the 30 day low @ 265.

Summary Week Ended Friday 20th September 2013

9 stock trades:

3 BARC + 309.9 BPS

5 BLT + 37.52 BPS

1 RDSA + 3.88 BPS

Stocks net  + 351.3 BPS

No losing trades this week.

Long and short trades, intraday and overnight.

No Index trades.

I traded 3 days this week.



Thoughts

Another shortened week, the technicians (yes two of them....)  from Orange were back to fix my broadband connection on Monday, and it seems to be OK now (connected continuously for over 50 hours).

Tomorrow is Friday (and expiry) and I am going away for the weekend very early, so posting this on Thursday.

A better week, the markets went a bit crazy after the US Federal Reserve announced that there would be no tapering at the moment, due to the state of the US economy.

Another week on the positive side. I need more like that. Now I'm focussing 100% on stocks, I feel more relaxed about my trading.
I am also being MUCH more selective in my trading, often sitting for hours without entering the market if nothing hits the levels I am looking for.
I have also decided not to enter the market during certain periods of the day, after analysis of my trading records showed that these periods had a negative effect on my P&L.

Dax chart showing Thursday's reaction to the Fed (A new all time high on the Dax):

Stay disciplined.

Stay focussed.

S&P 500 Daily Chart

After the Fed said there would be no tapering yet....

Barron's and the Markets...

I like this chart.

Summary Week Ended Friday 13th September 2013

12 stock trades:

1 AAL + 7.69 BPS

10 BLT + 77.21 BPS

1 STAN + 12.53 BPS

Stocks net  + 97.43 BPS

P:L ratio was 2:1

Long and short trades, all intraday.

No Index trades.

I traded just 2.5 days this week.



Thoughts

A short week, the technician from Orange was round to fix my broadband router, but it's still not right (experiencing random disconnections, not nice when holding a position), so hopefully that will be fixed early next week.


Some poor entries meant that my weekly net was nothing special, at least it was on the positive side.




Stay disciplined.

Stay focussed.

Gold Weekly Chart

Summary Week Ended Friday 6th September 2013

9 stock trades:

6 BLT + 51.87 BPS

1 MKS + 22.33 BPS

2 STAN + 25.86 BPS


Stocks net  + 100.05 BPS

P:L ratio was 10.05:1

Long and short trades, all intraday.

No Index trades.

I traded 5 days this week.



Thoughts

A more volatile week, although Monday was a holiday in the US so the LSE was quiet-ish.
The US payrolls drove the markets up initially on Friday, but they reversed shortly after, maybe spooked by what President Putin was saying regarding Syria.



Still a modest profit for the week, although well below my 500 BPS weekly target.

It's nearly 4pm (UK time, I'm an hour ahead of that) on Friday afternoon, so I'm going to call it a day here.





Stay disciplined.

Stay focussed.

My Trading Desk

FTSE Volatility 2006 - 2013

Daily SPX Chart 5th September 2013

VOD Chart 3rd September 2013

Summary Week Ended Friday 30th August 2013

4 stock trades:

2 BLT + 26.67 BPS

1 BP + 4.48 BPS

1 STAN + 32.86 BPS


Stocks net  + 64.01 BPS


All long trades, all intraday.

No Index trades.

I traded 3 days this week.



Thoughts

A short week due to the bank holiday on Monday. Thin trading, I'm hoping we see an increase in volatility when September arrives.


For the month of August, I am up 473.39 BPS net.
P:L ratio was 2.70:1
I made 53 trades, 42 wins and 11 losses.

I missed a fair number of trades, and some of my exits were pretty poor (I need to run profits more aggressively).




Stay disciplined.

Stay focussed.

Shell Chart 28th August 2013

4 Hour chart:

Summary Week Ended Friday 23rd August 2013

19 stock trades:



12 BLT + 3.56 BPS

1 BP + 9.12 BPS

1 RIO + 8.05 BPS

4 STAN + 88.82 BPS




Stocks net  + 109.55 BPS


All long trades, intraday and overnight.

No Index trades.

I traded 4 days this week.



Thoughts

Another tough week, still a modest net profit. BLT was a difficult trade this week, after results came out on Tuesday morning, and I barely broke even on it.

We saw a lot of volatility on Wall Street this week, the ES tested the 1650s and then sold off very sharply (see chart).

Next week is a shortened week on the LSE due to the Monday bank holiday.




Stay disciplined.

Stay focussed.

FTSE 100 Stocks Heatmap 22nd August 2013

ES 21st August 2013

Sunday 18th August 2013

A day trip to Roquebrune and Cap Martin

Summary Week Ended Friday 16th August 2013

13 stock trades:

2 BG + 22.22 BPS

7 BLT + 70.24 BPS

2 STAN - 1.20 BPS

2 RDSA - 31.11 BPS




Stocks net  + 60.15 BPS


Long and short trades, intraday and overnight.

No Index trades.

I traded 5 days this week.



Thoughts

A very tough week, I was fortunate to end the week with a small net profit.
We saw a fairly steep sell-off on Thursday following weakness on Wall Street.

Very premature exits on STAN longs on Friday morning meant me missing a lovely rebound (see chart)...

Hopefully I will trade better next week.




Stay disciplined.

Stay focussed.

FTSE August

Summary Week Ended Friday 9th August 2013

14 stock trades:

4 BLT + 40.51 BPS

4 BP - 1.94 BPS

4 HSBA + 100.59 BPS

1 RDSA + 20.79 BPS

1 STAN + 42.46 BPS

Stocks net  + 202.41 BPS

Long and short trades, intraday and overnight.

No Index trades.

I traded 5 days this week.



Thoughts

A tricky week' trading. My poor enties on BP meant I basically got out at break even on that stock. HSBA was better, although I should have gone long again when I spotted that it was likely to find support near the 200 DMA, which it did see red line on the chart:

Miners finished the week very strongly, and I missed a few nice long entries in that sector.

Volumes were light, I guess some people take holidays at this time of year.....

Well below my 500 BPS weekly target, but still a profit is better than a loss.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 2nd August 2013

12 stock trades:

4 BARC + 172.20 BPS

2 BLT + 26.46 BPS

5 BP + 56.29 BPS

1 RDSA + 10.81

Stocks net  + 265.76 BPS

Long and short trades, all intraday.

No Index trades.

I traded 4 days this week.



Thoughts

A quietish week. My premature exits on BP cost me quite a lot of missed profit.

Miners were fairly quiet this week, BLT traded in a pretty narrow range, with resistance above 1920 and support around 1865.

Still a profit is better than a loss.

Here's the BP chart:

Stay disciplined.

Stay focussed.

BP Chart 30th July 2013

Summary Week Ended Friday 26th July 2013

12 stock trades:

9 BLT + 89.77 BPS

3 GLEN - 162.78 BPS

Stocks net  - 73.00 BPS

Long and short trades, intraday and overnight.

No Index trades.

I traded 5 days this week.



Thoughts

A difficult week, although I actually made a small overall £ profit, since my trades in GLEN were very small size compared to BLT, as this is the first time I have traded GLEN (GLEN recently merged with Xstrata which I used to trade quite regularly). My exits on GLEN were very poor.

Quite a volatile week all in all, FTSE was down 75 from last Friday.




Stay disciplined.

Stay focussed.

Summary Week Ended Friday 19th July 2013

4 stock trades:

4 BLT + 30.25 BPS

Stocks net  + 30.25 BPS

All intraday trades.

No Index trades.

I traded 3 days this week.



Thoughts

Another shortened week for me. I struggled to find trades this week.

There was also the distraction of some great mountain stages on the  Tour De France.



Stay disciplined.

Stay focussed.

Summary Week Ended Friday 12th July 2013

8 stock trades:

8 BLT + 155.55 BPS

Stocks net  + 155.55 BPS

All intraday, long and short trades.

No Index trades.

I traded 3 days this week.



Thoughts

Another shortened week this week. Markets headed higher but the FTSE is still well below the highs it reached in May.

Still a modest profit for the week.

Stay disciplined.

Stay focussed.

BLT 5th July 2013

Summary Week Ended Friday 5th July 2013

6 stock trades:

1 BARC + 27.05 BPS

5 BLT + 47.36 BPS

Stocks net  + 74.41 BPS

All intraday, long and short trades.

No Index trades.

I traded 3 days this week.



Thoughts

A quiet week's trading, I was out all day on Tuesday and Wednesday and so missed a big early sell off and reaction rally.

Miners sold off on Friday.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 28th June 2013

7 stock trades:

3 BARC + 11.17 BPS

4 BLT - 86.44 BPS

Stocks net  - 75.28 BPS

Long and short trades.

No Index trades.

I traded 3 days this week.



Thoughts

A poor week's trading, I was away in the UK until Tuesday.


Stay disciplined.

Stay focussed.

Summary Week Ended Friday 21st June 2013

6 stock trades:

1 BP + 4.38 BPS

5 BLT + 65.53 BPS

Stocks net  + 69.91 BPS

All long, intraday trades.

No Index trades.

I traded only 2 days this week.



Thoughts

Another negative week on stock markets. FTSE closed below the 200 DMA for the first time since November 2012.

Well short of my 500 bps weekly target, but a profit is a profit I guess.


Stay disciplined.

Stay focussed.

Summary Week Ended Friday 14th June 2013

12 stock trades:

2 BARC + 13.37 BPS

10 BLT + 86.29 BPS

Stocks net  + 99.66 BPS

All long, intraday trades.

No Index trades.

I traded 3 days this week.



Thoughts

We saw quite a sell off in the FTSE & Dax. Banks weak as were miners.

Well short of my 500 bps weekly target, but a profit is a profit I guess.


Stay disciplined.

Stay focussed.

Summary Week Ended Friday 7th June 2013

3 stock trades:

3 BLT + 44.74 BPS

Stocks net  + 44.74 BPS


No Index trades.




I traded 2 days, was busy the rest of the week (and therefore missed the sell off).



Stay disciplined.

Stay focussed.

Summary Week Ended Friday 31st May 2013

8 stock trades:

3 BARC + 34.48 BPS

5 BLT + 78.04 BPS

Stocks net  + 112.52 BPS


Index trades:

6 FTSE + 23.36 BPS

Long & short trades, all intraday.


Net total + 135.89 BPS

I traded 4 days, Monday was a bank holiday in the UK.

Thoughts

A better week, still well short of my 500 bps weekly target.

FTSE was weaker, but it's still up for twelve consecutive months, which is a record.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 24th May 2013

6 stock trades:

4 BLT + 67.55 BPS

2 HSBA + 21.01 BPS

Stocks net  + 88.56 BPS

Long & short trades, all intraday.

Index trades:

9 FTSE - 555.08 BPS

Net total - 466.52 BPS

I traded 5 days.

Thoughts

A really poor week, my stock trades made a modest profit, but I traded the FTSE very poorly, shorting a very strong market, and paid the price.

Both the FTSE & Dax made new 52 week highs this week.

Stay disciplined.

Stay focussed.

FTSE and the 200 DMA

Summary Week Ended Friday 17th May 2013

13 stock trades:

6 BLT + 44.78 BPS

1 BP + 15.09 BPS

6 STAN - 110.91 BPS

Stocks net  - 51.03 BPS

Long & short trades, all intraday.

Index trades:

9 FTSE + 29.87 BPS

Net total - 21.17 BPS

I traded 5 days.

Thoughts

A poor week really, and again STAN cancelled my profits on other stocks and on the FTSE.
Both the FTSE & Dax made new 52 week highs, although this was not reflected in the mining stocks.

A very strong finish to the week, be interesting to see how far this rally can go.

Stay disciplined.

Stay focussed.

Dax Chart 17th May 2013

STAN DAILY CHART

Summary Week Ended Friday 10th May 2013

16 stock trades:

3 BP + 62.33 BPS

13 STAN - 935.23 BPS

Stocks net  - 872.90 BPS

Long & short trades, intraday & overnight.

Index trades:

1 FTSE + 8.15 BPS

Net total - 864.75 BPS

I traded 4 days, Monday was a bank holiday.

Thoughts

A really poor week, I was short STAN near the weekly highs, but closed the trade because results were due out the following morning, and there was some strength in the stock. The following morning (Thursday) STAN gapped down from 1700 to 1641.5. I went long for the reversal, which never appeared. It could have been worse I suppose, and fortunately STAN didn't gap down on Friday morning.

Meanwhile, both the FTSE & Dax made new 52 week highs on Friday. The FTSE closed above 6600, last time it did that was Nov 2007.

I will recover from this loss, but it certainly gave my confidence a knock.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 3rd May 2013

9 stock trades:

5 BLT + 65.98 BPS

1 STAN + 49.25 BPS

1 VOD + 2.60 BPS

2 XTA + 26.65 BPS

Stocks net  + 144.49 BPS

Long & short trades, all  intraday.

Index trades:

1 Dax + 2.84 BPS

Net Total + 147.33 BPS

P:L Ratio 21:1

I traded 4 days.

Thoughts

A fairly quiet market with Europe closed on the 1st for May day

US payrolls on Friday resulted in a very strong rally with both the FTSE & Dax making new 52 week highs. Miners also reversed their recent weakness.

The GLEN/XTA merger went ahead and hence XTA is no more, which is rather sad for me.

Well short of my 500 BPS weekly target, but still a modest profit.

Stay disciplined.

Stay focussed.

New UK Traders' Chatroom Available....

I have created a group called #TRADERS,

Server is punch.va.us.dal.net

Access via MIRC

OR......

To get this in a browser tab instead of fiddling around in MIRC, just go to:

https://kiwiirc.com/client

put #TRADERS as the channel, and copy the server address into the server and network dropdown.

All welcome.

Daily Spreadsheet CoB 29th April 2013