Summary Week Ended Friday 28th February 2014

 

15 Stock Trades:

8 AAL + 84.31 BPS

2 BARC + 1.71 BPS

2 BLT + 2.64 BPS

2 HSBA + 35.11 BPS

1 RIO + 2.34 BPS

Stocks net  + 126.11 BPS


All long trades, all intraday.

I traded 4 days this week.

Return on account for the week 3.18 %.

P:L ratio 3.00 : 1.

No Index trades, I am concentrating on stocks.





Thoughts

A busier week, some poor exits but still above my 2% return benchmark. Left a fair bit of ££ on the table, but that's the way things go sometimes.

The events in Ukraine produced some market jitters later in the week.

On Monday, my broker introduced a new trading platform, so there were a few issues with that, although nothing serious.



I will not be trading on Friday, so Thursday was the last trading day of the month for me.

This chart shows the breakdown of the 40 trades made in the month of February:

Stay disciplined.

Stay focussed.

Stay humble.

Summary Week Ended Friday 21st Febuary 2014

 

8 Stock Trades:

7 AAL + 50.50 BPS

1 CNA + 13.04 BPS


Stocks net  + 63.53 BPS


Long and short trades, intraday and overnight.

I traded 4 days this week.

Return on account for the week 1.31 %.

P:L ratio 2.74 : 1.

No Index trades, I am concentrating on stocks.





Thoughts

A quiet week. 

A very premature exit on CNA.

Difficult trading on AAL. Closed shorts and longs too early.

Still, a profit is preferable to a loss.

Hoping for more opportunities next week.





Stay disciplined.

Stay focussed.

Summary Week Ended Friday 14th Febuary 2014

 

10 Stock Trades:

2 AAL + 42.91 BPS

3 BARC + 31.57 BPS

2 BLT + 40.74 BPS

4 STAN - 5.03 BPS


Stocks net  + 110.18 BPS


Long and short trades, all intraday.

I traded 4 days this week.

Return on account for the week 2.48 %.

P:L ratio 2.78 : 1.

No Index trades, I am concentrating on stocks.





Thoughts

A quiet week. 
Poor entries on STAN but better on BLT, AAL & BARC. A profit is preferable to a loss.

Hoping for more opportunities next week.

Changes for the week on my watchlist stocks:

STOCK	CLOSE	CHANGE	BPS
AAL	1519.5	+39.50	+266.89
BARC	253	-18.70	-688.26
BG.	1072	+19.00	+180.44
BLT	1888.5	+83.50	+462.60
BP.	486.4	+4.70	+97.57
CNA	318.2	+4.00	+127.31
EZJ	1713	-15.00	-86.81
GLEN	338.1	+12.70	+390.29
HSBA	638	+10.20	+162.47
LLOY	80.45	-1.35	-165.04
RBS	342.6	+5.10	+151.11
RDSA	2123	+22.00	+104.71
RIO	3516	+109.00	+319.93
STAN	1290.5	+50.50	+407.26
UU.	753	+20.00	+272.85

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 7th Febuary 2014

 

7 Stock Trades:

3 BLT + 33.56 BPS

4 STAN + 45.54 BPS


Stocks net  + 79.11 BPS


No Index trades, I am concentrating on stocks.






Long and short trades, intraday and overnight.

I traded 5 days this week.




Thoughts

Not a great week, well below my weekly target. Missed a couple of decent moves but I guess a profit is preferable to a loss.

Markets were generally up on the week. Miners may be finding more favour at last, all 4 mining stocks on my watchlist were up for the week.

Hoping for more opportunities next week.



Stay disciplined.

Stay focussed.

Summary Week Ended Friday 31st January 2014

 

18 Stock Trades:

2 BG + 143.60 BPS

4 BLT + 108.36 BPS

3 STAN + 50.39 BPS


Stocks net  + 302.35 BPS

7 Index Trades:

 

7 FTSE - 1103.16 BPS

Net all trades - 800.81 BPS





Long and short trades, intraday and overnight.

I traded 5 days this week.




Thoughts

A bit of a disaster on the FTSE, got stopped out on a position out of hours, and took a bigger loss than I'd planned.

Therefore I have decided to concentrate on trading stocks, since I have a much better record doing this.

It's taken me a few days to get round to typing this up. Not the easiest thing to do, but it was all my fault of course. Not a great start to 2014.

So from now on,  it's 100% stocks.


Stay disciplined.

Stay focussed.