Trading Summary Week Ended Friday 28th August 2015

10 Stock Trades:

2 AAL +113.68 BPS.
8 BLT - 775.89 BPS.

8 long trades - 775.89 BPS.
2 short trades + 113.68 BPS.

9 intraday trades + 119.72 BPS.
1 overnight trade - 781.94 BPS.

Stocks net - 662.21 BPS.

Return on account for the week - 5.39 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A pretty horrible week.

I bailed out of a swing trade on BLT which I probably should have ditched sooner, since the whole sector, and the equity market in general, saw a big sell off, as can be seen in the weekly changes:

The FTSE was down over 5.5% for the week.
So one trade was responsible for all the losses this week. Resource stocks were particularly badly hit, with crude getting sold off heavily. Gold was actually stronger. I'm not sure how much further this move is going to go. Banks were also very weak, with STAN breaking down below £8, levels it last hit back in 2009.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 21st August 2015

10 Stock Trades:

2 AAL +113.68 BPS.
8 BLT - 775.89 BPS.

8 long trades - 775.89 BPS.
2 short trades + 113.68 BPS.

9 intraday trades + 119.72 BPS.
1 overnight trade - 781.94 BPS.

Stocks net - 662.21 BPS.

Return on account for the week - 5.39 % net.
P:L ratio N/A.
I traded 5 days this week.
No Index trades.

Thoughts

A pretty horrible week.

I bailed out of a swing trade on BLT which I probably should have ditched sooner, since the whole sector, and the equity market in general, saw a big sell off, as can be seen in the weekly changes:

The FTSE was down over 5.5% for the week.
So one trade was responsible for all the losses this week. Resource stocks were particularly badly hit, with crude getting sold off heavily. Gold was actually stronger. I'm not sure how much further this move is going to go. Banks were also very weak, with STAN breaking down below £8, levels it last hit back in 2009.

Hoping for better results next week.

Stay disciplined.

Stay focussed.

Stay humble.

T

Trading Summary Week Ended Friday 14th August 2015

12 Stock Trades:

3 AAL + 130.95 BPS.
9 BLT + 415.38 BPS.

7 long trades + 380.31 BPS.
5 short trades + 166.03 BPS.

7 intraday trades + 243.39 BPS.
5 overnight trades + 302.94 BPS.

Stocks net + 546.34 BPS.

Return on account for the week + 4.01 % net.
P:L ratio N/A.
I traded 4 days this week.
No Index trades.

Thoughts

A better week..  Above my 2.50 % weekly target.

A bit of a wild week in the markets, as on Tuesday China devalued its currency by over 2%, and that spooked the equity markets somewhat.
I made a couple of poor exits, when the miners found some strength on Monday afternoon, one of those sessions when the London market does nothing until New York wakes up, then takes off...
Overall, a very jittery market.

Outside the markets, ribs still very sore, still taking the painkillers.

Hoping for less pain and better results next week.

Changes on my watch list stocks over the last week, (GLEN got hammered again):

Stay disciplined.

Stay focussed.

Stay humble.

Trading Summary Week Ended Friday 7th August 2015

9 Stock Trades:

4 AAL + 252.33 BPS.
5 BLT + 144.40 BPS.

2 long trades + 52.29 BPS.
7 short trades + 344.43 BPS.

6 intraday trades + 304.62 BPS.
3 overnight trades + 92.11 BPS.

Stocks net 396.73 BPS.

Return on account for the week + 2.06 % net.
P:L ratio N/A.
I traded 4 days this week.
No Index trades.

Thoughts

A better week.. still under my 2.50 % weekly target though.

Outside the markets, I was a bit busy this week after I managed to crash my bicycle and fracture four ribs last weekend... Pain is not a strong enough term to describe it.....

Hoping for a lot less pain and better results next week.

Changes on my watch list stocks over the last week:

Stay disciplined.

Stay focussed.

Stay humble.