Thursday, May 01, 2014

Summary Week Ended Friday 2nd May 2014

 

12 Stock Trades:


3 AAL + 49.36 BPS
7 BLT + 34.82
2 RDSA + 2.96 BPS

Stocks net  + 87.14 BPS

Long and short trades, all intraday.

I traded 5 days this week.

Return on account for the week 2.36 % net.

P:L ratio was 3.19:1.

No Index trades, I am concentrating on stocks.



Thoughts


A pretty quiet week. A few poor entries, but a profit is a profit.

North of my 2% benchmark, which is good.

Over the month of April, my trades were as follows:

18 AAL + 213.94 BPS
38 BLT + 354.78 BPS
5 EZJ + 89.87 BPS
2 RDSA + 2.96 BPS
3 STAN + 35.35 BPS


TOTAL 66 trades + 696.89 BPS

Return on account for April +12.50 % net.

P:L ratio was 4.26:1.

I am pretty pleased with the percentage return, although it could have been better.
Interestingly, 65 of the 66 trades were intraday trades.


Looking forward to more opportunities next week.

Stay disciplined.

Stay focussed.

Stay humble.

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