Friday, July 05, 2013

Summary Week Ended Friday 5th July 2013

6 stock trades:

1 BARC + 27.05 BPS

5 BLT + 47.36 BPS

Stocks net  + 74.41 BPS

All intraday, long and short trades.

No Index trades.

I traded 3 days this week.



Thoughts

A quiet week's trading, I was out all day on Tuesday and Wednesday and so missed a big early sell off and reaction rally.

Miners sold off on Friday.

Stay disciplined.

Stay focussed.

Sunday, June 30, 2013

Summary Week Ended Friday 28th June 2013

7 stock trades:

3 BARC + 11.17 BPS

4 BLT - 86.44 BPS

Stocks net  - 75.28 BPS

Long and short trades.

No Index trades.

I traded 3 days this week.



Thoughts

A poor week's trading, I was away in the UK until Tuesday.


Stay disciplined.

Stay focussed.

Friday, June 21, 2013

Summary Week Ended Friday 21st June 2013

6 stock trades:

1 BP + 4.38 BPS

5 BLT + 65.53 BPS

Stocks net  + 69.91 BPS

All long, intraday trades.

No Index trades.

I traded only 2 days this week.



Thoughts

Another negative week on stock markets. FTSE closed below the 200 DMA for the first time since November 2012.

Well short of my 500 bps weekly target, but a profit is a profit I guess.


Stay disciplined.

Stay focussed.

Thursday, June 13, 2013

Summary Week Ended Friday 14th June 2013

12 stock trades:

2 BARC + 13.37 BPS

10 BLT + 86.29 BPS

Stocks net  + 99.66 BPS

All long, intraday trades.

No Index trades.

I traded 3 days this week.



Thoughts

We saw quite a sell off in the FTSE & Dax. Banks weak as were miners.

Well short of my 500 bps weekly target, but a profit is a profit I guess.


Stay disciplined.

Stay focussed.

Saturday, June 08, 2013

Summary Week Ended Friday 7th June 2013

3 stock trades:

3 BLT + 44.74 BPS

Stocks net  + 44.74 BPS


No Index trades.




I traded 2 days, was busy the rest of the week (and therefore missed the sell off).



Stay disciplined.

Stay focussed.

Friday, May 31, 2013

Summary Week Ended Friday 31st May 2013

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.

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.

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.

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.

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.

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.

Friday, April 26, 2013

Summary Week Ended Friday 26th April 2013

14 stock trades:

2 BARC + 8.49 BPS

8 BLT + 42.90 BPS

4 XTA + 102.05 BPS

Stocks net  + 153.45 BPS

Long & short trades, all  intraday.

No index trades.

I traded 4 days, was busy with other stuff on Monday.

Thoughts

A choppy market this week, missed a great BARC long by raising my stop too early – it went from 292 to 316.
Miners have been fairly volatile.

Well short of my 500 BPS weekly target, but still a modest profit.

Stay disciplined.

Stay focussed.


The Gold Rebound...


Friday, April 19, 2013

Summary Week Ended Friday 19th April 2013



3 stock trades:

2 BLT + 19.87 BPS

1 STAN + 39.60 BPS

Stocks net  + 59.46 BPS

All long trades, all  intraday.

No index trades.

I traded 1 day, was busy the rest of the week.

Thoughts

I missed the sell off on the miners early in the week, should be back next week.

Well short of my 500 BPS weekly target, but still a modest profit.

Stay disciplined.

Stay focussed.

Sunday, April 14, 2013

Summary Week Ended Friday 12th April 2013


No stock trades.

2 index trades:

FTSE + 10.56 BPS

Net total  + 10.56 BPS

I traded 1 day.

Thoughts

Was busy most of the week so very little trading

Stay disciplined.

Stay focussed.

Sunday, April 07, 2013

Summary Week Ended Friday 5th April 2013

No trading this week, I was otherwise occupied.