Friday, August 09, 2013

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.

No comments: