Summary Week Ended Friday 22nd March 2013

17 stock trades:

4 BARC – 73.88 BPS

11 BLT - 81.62 BPS

2 XTA + 105.88 BPS

Stocks net  - 49.62 BPS

Long trades, intraday & overnight.

2 index trades:

FTSE + 2.51 BPS

Net total  - 47.10 BPS

I traded 5 days.

Thoughts

A very difficult week, with the market reacting to the news coming from Cyprus.

Miners were very weak, BLT has been down for 8 consecutive days at the close on Friday. That hasn't been seen since August 2011, after which it recovered more than 20% from its low.

I should be thankful that my losses were pretty moderate, less than half of one percent, although I should have been MUCH more active on the short side.

Stay disciplined.

Stay focussed.