Trading Summary Week Ended Friday 29th May 2015

4 Stock Trades:

2 AAL + 29.20 BPS.
2 BLT + 52.78 BPS.

4 long trades + 81.98 BPS.
No short trades.

3 intraday trades + 72.37 BPS.
1 overnight trade + 9.62 BPS.

Stocks net  + 81.98 BPS.

I traded 4 days this week.
Return on account for the week + 1.81 % net.
P:L ratio N/A.
No Index trades.

Thoughts

Another difficult week. Monday was closed for the bank holiday.
Miners were weak again, although they found a few buyers later in the week.
Well below my 2.5% weekly target.

Hoping for more opportunities next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 22nd May 2015

2 Stock Trades:

2 BLT + 26.03 BPS.



2 long trades + 26.03 BPS.
No short trades.
Stocks net  + 26.03.

1 intraday trade + 18.34 BPS.
1 overnight trade + 7.69 BPS.


I traded 2 days this week.
Return on account for the week + 0.26 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A very difficult week, miners were very weak. I am really poor at shorting big down moves, I find entries very difficult in such circumstances. A nothing week really.

Well below my 2.5% weekly target.

Hoping for more opportunities next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

AAL and BLT Charts May 2015

AAL pulled back to the .618 retracement level on Friday.




BLT pulled back to the .50 level

Trading Summary Week Ended Friday 15th May 2015

10 Stock Trades:

7 AAL + 181.71 BPS.
2 BLT + 56.87 BPS.
1 EZJ + 19.41 BPS.


8 long trades + 221.89 BPS.
2 short trades + 36.10 BPS.
Stocks net  + 257.99 BPS.

9 intraday and 1 overnight trade.


I traded 4 days this week.
Return on account for the week + 4.08 % net.
P:L ratio 17.32:1.
No Index trades.

Thoughts

A half decent week, although I missed some good opportunities due to other distractions. Some volatility on the miners later in the week.

Some poor exits, but above my 2.5% weekly target.
There was a huge sell off in EZJ after results, unfortunately I only captured a small part of the rebound on the stock.

Hoping for more opportunities next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 8th May 2015

7 Stock Trades:

4 AAL + 114.11 BPS.
1 BARC + 23.68 BPS.
1 BLT + 8.79 BPS.
1 HSBA + 9.09 BPS.


5 long trades + 86.06 BPS.
2 short trades + 69.60 BPS.
Stocks net  + 155.67 BPS.

Intraday and overnight trades.


I traded 4 days this week.
Return on account for the week + 2.68 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A shortened week, London being closed on Monday for the bank holiday.
Some poor exits. Above my 2.5% weekly target at least.
Friday saw a rally after the election result, although this was mainly in banks and utilities.

Hoping for better opportunities next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 1st May 2015

 

4 Stock Trades:

2 AAL + 31.77 BPS.
2 STAN + 56.06 BPS.


1 long trade + 16.30 BPS.
3 short trades + 71.52 BPS.
Stocks net  + 87.82 BPS.

All intraday trades.


I traded 3 days this week.
Return on account for the week + 1.63 % net.
P:L ratio 63:1.
No Index trades.

Thoughts

A quiet week, struggled to find decent trades, although I missed a very strong reversal on the miners on Friday after Thursday's sell off.


Hoping for better opportunities next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

Resumption of This Trade Journal

I shall return to posting regular updates here shortly.