8 stock trades:
3 BARC + 34.48 BPS
5 BLT + 78.04 BPS
Stocks net + 112.52 BPS
Index trades:
6 FTSE + 23.36 BPS
Long & short trades, all intraday.
Net total + 135.89 BPS
I traded 4 days, Monday was a bank holiday in the UK.
Thoughts
A
better week, still well short of my 500 bps weekly target.
FTSE was weaker, but it's still up for twelve consecutive months, which is a record.
Stay disciplined.
Stay focussed.
Friday, May 31, 2013
Wednesday, May 29, 2013
Summary Week Ended Friday 24th May 2013
6 stock trades:
4 BLT + 67.55 BPS
2 HSBA + 21.01 BPS
Stocks net + 88.56 BPS
Long & short trades, all intraday.
Index trades:
9 FTSE - 555.08 BPS
Net total - 466.52 BPS
I traded 5 days.
Thoughts
A really poor week, my stock trades made a modest profit, but I traded the FTSE very poorly, shorting a very strong market, and paid the price.
Both the FTSE & Dax made new 52 week highs this week.
Stay disciplined.
Stay focussed.
4 BLT + 67.55 BPS
2 HSBA + 21.01 BPS
Stocks net + 88.56 BPS
Long & short trades, all intraday.
Index trades:
9 FTSE - 555.08 BPS
Net total - 466.52 BPS
I traded 5 days.
Thoughts
A really poor week, my stock trades made a modest profit, but I traded the FTSE very poorly, shorting a very strong market, and paid the price.
Both the FTSE & Dax made new 52 week highs this week.
Stay disciplined.
Stay focussed.
Wednesday, May 22, 2013
Saturday, May 18, 2013
Summary Week Ended Friday 17th May 2013
13 stock trades:
6 BLT + 44.78 BPS
1 BP + 15.09 BPS
6 STAN - 110.91 BPS
Stocks net - 51.03 BPS
Long & short trades, all intraday.
Index trades:
9 FTSE + 29.87 BPS
Net total - 21.17 BPS
I traded 5 days.
Thoughts
A poor week really, and again STAN cancelled my profits on other stocks and on the FTSE.
Both the FTSE & Dax made new 52 week highs, although this was not reflected in the mining stocks.
A very strong finish to the week, be interesting to see how far this rally can go.
Stay disciplined.
Stay focussed.
6 BLT + 44.78 BPS
1 BP + 15.09 BPS
6 STAN - 110.91 BPS
Stocks net - 51.03 BPS
Long & short trades, all intraday.
Index trades:
9 FTSE + 29.87 BPS
Net total - 21.17 BPS
I traded 5 days.
Thoughts
A poor week really, and again STAN cancelled my profits on other stocks and on the FTSE.
Both the FTSE & Dax made new 52 week highs, although this was not reflected in the mining stocks.
A very strong finish to the week, be interesting to see how far this rally can go.
Stay disciplined.
Stay focussed.
Friday, May 17, 2013
Tuesday, May 14, 2013
Saturday, May 11, 2013
Summary Week Ended Friday 10th May 2013
16 stock trades:
3 BP + 62.33 BPS
13 STAN - 935.23 BPS
Stocks net - 872.90 BPS
Long & short trades, intraday & overnight.
Index trades:
1 FTSE + 8.15 BPS
Net total - 864.75 BPS
I traded 4 days, Monday was a bank holiday.
Thoughts
A really poor week, I was short STAN near the weekly highs, but closed the trade because results were due out the following morning, and there was some strength in the stock. The following morning (Thursday) STAN gapped down from 1700 to 1641.5. I went long for the reversal, which never appeared. It could have been worse I suppose, and fortunately STAN didn't gap down on Friday morning.
Meanwhile, both the FTSE & Dax made new 52 week highs on Friday. The FTSE closed above 6600, last time it did that was Nov 2007.
I will recover from this loss, but it certainly gave my confidence a knock.
Stay disciplined.
Stay focussed.
3 BP + 62.33 BPS
13 STAN - 935.23 BPS
Stocks net - 872.90 BPS
Long & short trades, intraday & overnight.
Index trades:
1 FTSE + 8.15 BPS
Net total - 864.75 BPS
I traded 4 days, Monday was a bank holiday.
Thoughts
A really poor week, I was short STAN near the weekly highs, but closed the trade because results were due out the following morning, and there was some strength in the stock. The following morning (Thursday) STAN gapped down from 1700 to 1641.5. I went long for the reversal, which never appeared. It could have been worse I suppose, and fortunately STAN didn't gap down on Friday morning.
Meanwhile, both the FTSE & Dax made new 52 week highs on Friday. The FTSE closed above 6600, last time it did that was Nov 2007.
I will recover from this loss, but it certainly gave my confidence a knock.
Stay disciplined.
Stay focussed.
Friday, May 03, 2013
Summary Week Ended Friday 3rd May 2013
9 stock trades:
5 BLT + 65.98 BPS
1 STAN + 49.25 BPS
1 VOD + 2.60 BPS
2 XTA + 26.65 BPS
Stocks net + 144.49 BPS
Long & short trades, all intraday.
Index trades:
1 Dax + 2.84 BPS
Net Total + 147.33 BPS
P:L Ratio 21:1
I traded 4 days.
Thoughts
A fairly quiet market with Europe closed on the 1st for May day
US payrolls on Friday resulted in a very strong rally with both the FTSE & Dax making new 52 week highs. Miners also reversed their recent weakness.
The GLEN/XTA merger went ahead and hence XTA is no more, which is rather sad for me.
Well short of my 500 BPS weekly target, but still a modest profit.
Stay disciplined.
Stay focussed.
5 BLT + 65.98 BPS
1 STAN + 49.25 BPS
1 VOD + 2.60 BPS
2 XTA + 26.65 BPS
Stocks net + 144.49 BPS
Long & short trades, all intraday.
Index trades:
1 Dax + 2.84 BPS
Net Total + 147.33 BPS
P:L Ratio 21:1
I traded 4 days.
Thoughts
A fairly quiet market with Europe closed on the 1st for May day
US payrolls on Friday resulted in a very strong rally with both the FTSE & Dax making new 52 week highs. Miners also reversed their recent weakness.
The GLEN/XTA merger went ahead and hence XTA is no more, which is rather sad for me.
Well short of my 500 BPS weekly target, but still a modest profit.
Stay disciplined.
Stay focussed.
Thursday, May 02, 2013
New UK Traders' Chatroom Available....
I have created a group called #TRADERS,
Server is punch.va.us.dal.net
Access via MIRC
OR......
To get this in a browser tab instead of fiddling around in MIRC, just go to:
https://kiwiirc.com/client
put #TRADERS as the channel, and copy the server address into the server and network dropdown.
All welcome.
Server is punch.va.us.dal.net
Access via MIRC
OR......
To get this in a browser tab instead of fiddling around in MIRC, just go to:
https://kiwiirc.com/client
put #TRADERS as the channel, and copy the server address into the server and network dropdown.
All welcome.
Subscribe to:
Posts (Atom)