Summary Week Ended Friday 1st February 2013

7 stock trades:

3 ANTO – 298.78 BPS

1 BLT + 8.88 BPS

3 RBS – 79.33 BPS

Stocks net – 369.23 BPS

All long trades, all intraday.

No index trades.

I traded 2 days.

Thoughts

This week was poor, just cannot seem to get out of this losing streak at the moment. My losses were mainly on ANTO, after a trading update. This is not a stock I have traded much, and after this week’s dismal performance, I think I’ll give it a wide berth.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 25th January 2013

2 stock trades:

1 BP + 30.72 BPS

1 XTA + 37.67 BPS

Stocks net + 68.39 BPS

All long trades, all intraday.

No index trades.

Thoughts

This week was pretty quiet after last week’s poor trading. My exits were poor, the market remains strong and the FTSE added 118 points to set another new 52 week high.

I traded 2 days.

Stay disciplined.

Stay focussed.

BG 25th Jan 2013

BG has retraced 50% of its drop since October:

XTA 24th Jan 2013

BLT

BLT almost closed the gap from 10th Jan

Summary Week Ended Friday 18th January 2013

11 stock trades:

5 AAL - 771.32 BPS

1 BLT + 24.18 BPS

3 STAN - 88.49 BPS

2 XTA - 199.24 BPS

Stocks net – 1034.87 BPS

All long trades.

No index trades.

Thoughts

This week was pretty much a disaster, due to my holding two long trades overnight on AAL, which gapped down on Thursday morning. My position was actually in profit at the close on Wednesday.

This meant that my stop was exceeded, and I took a much bigger loss (three times as big) as I had planned.

As they say, shit happens.

I know I can recover from this setback, but it has knocked my confidence for six.

I traded 2 days.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 11th January 2013

11 stock trades:

2 ANTO + 43.48 BPS

7 BLT – 105.73 BPS

1 MKS + 17.04 BPS

1 STAN + 4.34 BPS

Stocks net – 40.88 BPS

All long trades, all intraday.

1 index trades:

FTSE + 1.64 BPS.

Thoughts

A poor week’s trading, gave back my profits on Friday when BLT gapped down after a downgrade. And I caught a nice level on MKS but raised my sell stop too soon, missing a nice rally.

I traded 5 days.

Stay disciplined.

Stay focussed.

AAL 09th Jan 2013

Resistance becomes support:

Trading Results Detailed Breakdown Jan 2013

I should just stick to long trades.....

Summary Week Ended Friday 4th January 2013

11 stock trades:

3 AAL – 296.17 BPS

5 BLT + 17.51 BPS

3 XTA – 80.03 BPS

Stocks net – 358.68 BPS

3 long trades, 8 short, all intraday.

No index trades.

Thoughts

A very poor week’s trading, I was short too early on the first day of the trading year…

I traded 2 days.

Stay disciplined.

Stay focussed.

My Plan for 2013....

Keep Grinding out those profits...

Summary Week Ended Friday 28th Dec 2012

Just 2 stock trades:

1 BLT + 1.86 BPS

1 STAN + 12.15 BPS

Stocks net + 14.01 BPS

All long trades,  all intraday.

No index trades.

Thoughts

A pretty quiet week, LSE closed for 2.5 days dues to Christmas.

I traded 1 day. 

Markets remained in narrow ranges on lowish volumes.

Not really worth the effort this week.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 21st December 2012

7 stock trades:

3 AAL + 18.46 BPS

1 BG + 2.91 BPS

2 BLT + 15.41 BPS

1 STAN + 18.14 BPS

Stocks net + 54.91 BPS

4 long trades, 3 shorts, all intraday.

No index trades.

Thoughts

A pretty quiet  week.

I traded 3.5 days. 
Markets remained in narrow ranges on lowish volumes. Next week is Xmas, so a shortened week for the LSE.

Still, a small profit for the week. Well off my 500 BPS weekly target, but we have to take whatever the markets offer.

Stay disciplined.

Stay focussed.

Trades by Category Q3 2012

Each trade is categorised as follows:

Time trade is opened:

I     0800 - 0900

A    0900 - 1200

L    1200 - 1500

F    1500 onwards

C:  Countertrend (ie long when price is below a 1 day MA, opposite for shorts)

T:   Trend (long when price is above the 1 day MA, opposite for shorts)

(The 'R' is for reversal, the 'B' for breakout, not really necessary.)

Summary Week Ended Friday 14th December 2012

7 stock trades:

3 AAL + 13.97 BPS

2 BG + 29.43 BPS

2 BLT + 31.46 BPS

Stocks net + 74.86

All long trades, all intraday.

No index trades.

Thoughts

A rather quiet  week, I traded 4 days. Markets remained in narrow ranges. Tough trading conditions in general.

Still, a small profit for the week. Well off my 500 BPS weekly target, but we have to take whatever the markets offer.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 7th December 2012

5 stock trades:

2 BLT + 30.56 BPS

2 STAN + 17.20 BPS

1 XTA + 7.85 BPS

Stocks net + 55.60

No index trades.

Thoughts

A lacklustre week, I traded 4 days. 

Markets in narrow ranges, and the hoped for pull back on a weak non - farm payrolls report didn’t happen.

Still, a small profit for the week.

Stay disciplined.

Stay focussed.

Weekday Analysis

For some reason, Wednesday seems to be my best day.

Summary Week Ended Friday 30th November 2012

12 stock trades:

1 AAL + 9.11 BPS

7 BLT – 54.81 BPS

2 STAN + 5.63 BPS

2 XTA + 45.78 BPS

Stocks net + 5.71

No index trades.

Thoughts

A difficult week, I traded 4 days, poor trading on BLT resulted in giving back earlier gains, so the week ended up flat. 

Better than a loss anyway.

Stay disciplined.

Stay focussed.

Stock Trades by Category Sep - Nov 2012

Summary Week Ended Friday 23rd November 2012

4 stock trades:

2 BARC + 94.40 BPS

1 BLT + 7.75 BPS

1 STAN + 2.78 BPS

Stocks net + 104.93

No index trades.

Thoughts

Traded four days this week. A light volume week since Thursday was Thanksgiving in the US.

Stay disciplined.

Stay focussed.

XTA moves 20th November 2012

Summary Week Ended Friday 16th November 2012

10 stock trades:

4 BLT + 44.61 BPS

1 STAN + 6.31 BPS

5 XTA + 58.86 BPS

Stocks net + 109.78 BPS

Well short of my 500 BPS weekly target, but another positive week nevertheless.

No index trades. I am concentrating on stock trades.

Thoughts

Traded five days this week (four and a half as I was out Friday afternoon).

A weak market, as the worries about the ‘Fiscal Cliff’ continue.
We are getting near to the traditional Santa rally though.

Wonder how far AAPL can go:

 

Stay disciplined.

Stay focussed.

STAN & BLT 15th Nov 2012

Support levels turning into resistance ....?

BLT

Analysis of Trading Results

Broken down by hour of entry.