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.