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.