Friday, December 06, 2013

Summary Week Ended Friday 6th December 2013

 

14 stock trades:


8 BLT + 136.62 BPS

1 BP + 31.5 BPS

5 STAN + 171.34 BPS

Stocks net  + 339.46 BPS


10 Index Trades:


10 FTSE + 36.47 BPS


Net all trades + 375.93 BPS

Return on account for the week 4.53 %.

P:L ratio 5.46 : 1.

Long and short trades, all intraday.

I traded 5 days this week.




Thoughts

A decent start to the month, over 4% return for the week is above target. Missed plenty of trades but that's normal. I only have one pair of eyes.

Markets were quite volatile, STAN came out with a profits warning and shed over 600 BPS in the first hour's trading on Wednesday.

FTSE is still well off the recent highs, and I'm wondering if Santa is going to appear before the 25th Dec.

FTSE 4 hour chart is interesting right here:


Looking forward to next week's trading.

Stay disciplined.

Stay focussed.

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