Friday, August 23, 2013

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.

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