Trading Summary Week Ended Friday 26th June 2015

11 Stock Trades:

5 AAL + 70.92 BPS.
4 BLT + 131.73 BPS.
1 RIO + 7.69 BPS.
1 STAN + 25.70 BPS.

7 long trades + 171.74 BPS.
4 short trades + 64.31 BPS.

9 intraday trades + 159.13 BPS.
2 overnight trades + 76.92 BPS.

Stocks net  + 236.05 BPS.

I traded 5 days this week.
Return on account for the week + 2.30 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A very tough week's trading. Developments in the Greek crisis meant that markets were jumpy yet again, and I found it a very challenging market to trade. Some of my exits were very poor (mainly on the short side).
Miners found some buyers in the middle of the week but sold off on Thursday and again on Friday.

Below my 2.5% weekly target.

Hoping for better results next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 19th June 2015

17 Stock Trades:

2 AAL + 55.92 BPS.
14 BLT + 221.71 BPS.
1 STAN + 48.36 BPS.

10 long trades + 224.54 BPS.
7 short trades + 101.44 BPS.

16 intraday trades + 314.52 BPS.
1 overnight trade + 11.46 BPS.

Stocks net  + 325.98 BPS.

I traded 5 days this week.
Return on account for the week + 3.24 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A very tough week. Very choppy moves on stocks and indices. I had to scalp what points I could.
Above my 2.5% weekly target.


This shows 15 and 5 min charts of BLT, it's interesting how the first 30 minute highs and lows can often give good support/resistance levels later in the day (green/red dotted lines mark the 30 min high/low):

Hoping for more opportunities next week.

Changes on my watch list stocks over the last week, miners sold off again:

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 12th June 2015

15 Stock Trades:

9 AAL + 251.30 BPS.
5 BLT + 131.64 BPS.
1 STAN + 168.53 BPS.

10 long trades + 293.40 BPS.
5 short trades + 258.06 BPS.

12 intraday trades + 338.18 BPS.
3 overnight trades + 213.29 BPS.

Stocks net  + 551.46 BPS.

I traded 4 days this week.
Return on account for the week + 4.65 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A half - decent week. Had to be pretty quick, lots of choppy moves on stocks and indices.
Well north of my 2.5% weekly target, at any rate.

We saw some volatility on banks and miners. I made some poor exits. It's so easy to get spooked out a of a decent trade for no good reason. I should let good trades run, but that's not so easy in a choppy market.
Miners recovered some of their early losses later in the week, whilst oil producers were weak, with RDSA making a 52 week low.
Greek developments (or lack of them) contributed to market jitters.
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 5th June 2015

17 Stock Trades:

6 AAL + 348.16 BPS.
11 BLT + 413.50 BPS.

12 long trades + 551.50 BPS.
5 short trades + 210.17 BPS.

13 intraday trades + 617.48 BPS.
4 overnight trades + 144.19 BPS.

Stocks net  + 761.67 BPS.

I traded 5 days this week.
Return on account for the week + 6.03 % net.
P:L ratio N/A.
No Index trades.

Thoughts

A better week, and a pretty busy one by my standards.
Lots of volatility in the stocks I watch. A couple of very poor exits. I should have cleared over 1000 BPS, but I guess a profit is better than a loss. I missed a few nice opportunities on the likes of BARC and on VOD on Friday when it gapped up and immediately dropped over 500 BPS.
Still, well above my 2.5% weekly target.

All the talk of a Greek rescue / default produced some volatility on the stock and bond markets.
And then on Friday we had US payrolls, which added to the market volatility.

Hoping for more opportunities next week.

Changes on my watch list stocks over the last week, everything in the red:

Stay disciplined.

Stay focussed.

Stay humble.