Friday, January 10, 2014

Summary Week Ended Friday 10th January 2014

 

16 Stock Trades:

 

5 BLT + 150.26 BPS

1 EZJ + 12.44 BPS

6 RIO + 57.16 BPS

4 STAN + 68.63 BPS

Stocks net  + 288.49 BPS


5 Index Trades:


5 FTSE + 12.65 BPS



Net all trades + 301.14 BPS

Return on account for the week 2.84 %.

P:L ratio 2.09 : 1.

Long and short trades, intraday and overnight.

I traded 5 days this week.




Thoughts

A busy week, I caught a few moves on the miners and STAN, although a few entries were very poor.

Friday saw the release of the US payrolls data, which was weaker than expected.

I traded EZJ for the first time after I added the stock to my watchlist, EZJ made new all time highs again this week.

I tried to concentrate on stocks as this has been my 'bread and butter' trade over the lst few years.

A return of greater than 2% return beats my weekly target, although it could have been 4% with better trade management....

STAN saw a big drop after announcing a reorganisation:





Stay disciplined.

Stay focussed.

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