Friday, August 01, 2014

Summary Week Ended Friday 1st August 2014

 

18 Stock Trades:


9 AAL + 145.70 BPS
2 BARC - 190.10 BPS
4 BP + 66.36 BPS
2 SBRY + 24.31 BPS
1 STAN + 34.02 BPS

Stocks net  + 80.31 BPS

17 long trades: + 46.30 BPS.
1 short trades: + 34.02 BPS.
16 intraday trades, 2 overnight trades.


I traded 5 days this week.
Return on account for the week + 0.45 % net.
P:L ratio was 1.14:1.


No Index trades.


Thoughts


A poor week's trading. I held onto a BARC long, sold it early into the rally on Wednesday morning, a poor entry and poor exit, although it could have been a lot worse.

Thursday and Friday saw a lot of volatility after the sell off in New York, prior to the US payrolls data release on Friday.

I caught a few moves on AAL and BP.

Short of my 2.5% benchmark.
Still well positive for the month of July, which is something I suppose.

Trade breakdown for July 2014:


Watch list stock changes on the week:



Hoping for a better week next week.

Stay disciplined.

Stay focussed.

Stay humble.

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