Friday, November 08, 2013

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.

No comments: