Summary Week Ended Friday 27th September 2013

 

14 stock trades:

1 AAL + 35.51 BPS

5 BARC + 191.82 BPS

6 BLT + 91.23 BPS

2 RIO + 12.89 BPS

Stocks net  + 342.45 BPS

P:L ratio was 100:1.

Long trades, intraday and overnight.

No Index trades.

I traded 4 days this week.



Thoughts

Another half - decent week, at least my broadband connection is working properly now.
BLT traded in a fairly narrow range, and made a new 30 day low during the week. BARC trading was better, although I got out of a couple of long trades way too soon.

Friday was pretty volatile on the miners.

BARC chart showing support kicking in at exactly 265:

Stay disciplined.

Stay focussed.

BARC makes a 30 Day Low....

A nice bounce on BARC off the 30 day low @ 265.

Summary Week Ended Friday 20th September 2013

9 stock trades:

3 BARC + 309.9 BPS

5 BLT + 37.52 BPS

1 RDSA + 3.88 BPS

Stocks net  + 351.3 BPS

No losing trades this week.

Long and short trades, intraday and overnight.

No Index trades.

I traded 3 days this week.



Thoughts

Another shortened week, the technicians (yes two of them....)  from Orange were back to fix my broadband connection on Monday, and it seems to be OK now (connected continuously for over 50 hours).

Tomorrow is Friday (and expiry) and I am going away for the weekend very early, so posting this on Thursday.

A better week, the markets went a bit crazy after the US Federal Reserve announced that there would be no tapering at the moment, due to the state of the US economy.

Another week on the positive side. I need more like that. Now I'm focussing 100% on stocks, I feel more relaxed about my trading.
I am also being MUCH more selective in my trading, often sitting for hours without entering the market if nothing hits the levels I am looking for.
I have also decided not to enter the market during certain periods of the day, after analysis of my trading records showed that these periods had a negative effect on my P&L.

Dax chart showing Thursday's reaction to the Fed (A new all time high on the Dax):

Stay disciplined.

Stay focussed.

S&P 500 Daily Chart

After the Fed said there would be no tapering yet....

Barron's and the Markets...

I like this chart.

Summary Week Ended Friday 13th September 2013

12 stock trades:

1 AAL + 7.69 BPS

10 BLT + 77.21 BPS

1 STAN + 12.53 BPS

Stocks net  + 97.43 BPS

P:L ratio was 2:1

Long and short trades, all intraday.

No Index trades.

I traded just 2.5 days this week.



Thoughts

A short week, the technician from Orange was round to fix my broadband router, but it's still not right (experiencing random disconnections, not nice when holding a position), so hopefully that will be fixed early next week.


Some poor entries meant that my weekly net was nothing special, at least it was on the positive side.




Stay disciplined.

Stay focussed.

Gold Weekly Chart

Summary Week Ended Friday 6th September 2013

9 stock trades:

6 BLT + 51.87 BPS

1 MKS + 22.33 BPS

2 STAN + 25.86 BPS


Stocks net  + 100.05 BPS

P:L ratio was 10.05:1

Long and short trades, all intraday.

No Index trades.

I traded 5 days this week.



Thoughts

A more volatile week, although Monday was a holiday in the US so the LSE was quiet-ish.
The US payrolls drove the markets up initially on Friday, but they reversed shortly after, maybe spooked by what President Putin was saying regarding Syria.



Still a modest profit for the week, although well below my 500 BPS weekly target.

It's nearly 4pm (UK time, I'm an hour ahead of that) on Friday afternoon, so I'm going to call it a day here.





Stay disciplined.

Stay focussed.

My Trading Desk

FTSE Volatility 2006 - 2013

Daily SPX Chart 5th September 2013

VOD Chart 3rd September 2013

Summary Week Ended Friday 30th August 2013

4 stock trades:

2 BLT + 26.67 BPS

1 BP + 4.48 BPS

1 STAN + 32.86 BPS


Stocks net  + 64.01 BPS


All long trades, all intraday.

No Index trades.

I traded 3 days this week.



Thoughts

A short week due to the bank holiday on Monday. Thin trading, I'm hoping we see an increase in volatility when September arrives.


For the month of August, I am up 473.39 BPS net.
P:L ratio was 2.70:1
I made 53 trades, 42 wins and 11 losses.

I missed a fair number of trades, and some of my exits were pretty poor (I need to run profits more aggressively).




Stay disciplined.

Stay focussed.

Shell Chart 28th August 2013

4 Hour chart:

Summary Week Ended Friday 23rd August 2013

19 stock trades:



12 BLT + 3.56 BPS

1 BP + 9.12 BPS

1 RIO + 8.05 BPS

4 STAN + 88.82 BPS




Stocks net  + 109.55 BPS


All long trades, intraday and overnight.

No Index trades.

I traded 4 days this week.



Thoughts

Another tough week, still a modest net profit. BLT was a difficult trade this week, after results came out on Tuesday morning, and I barely broke even on it.

We saw a lot of volatility on Wall Street this week, the ES tested the 1650s and then sold off very sharply (see chart).

Next week is a shortened week on the LSE due to the Monday bank holiday.




Stay disciplined.

Stay focussed.

FTSE 100 Stocks Heatmap 22nd August 2013

ES 21st August 2013

Sunday 18th August 2013

A day trip to Roquebrune and Cap Martin

Summary Week Ended Friday 16th August 2013

13 stock trades:

2 BG + 22.22 BPS

7 BLT + 70.24 BPS

2 STAN - 1.20 BPS

2 RDSA - 31.11 BPS




Stocks net  + 60.15 BPS


Long and short trades, intraday and overnight.

No Index trades.

I traded 5 days this week.



Thoughts

A very tough week, I was fortunate to end the week with a small net profit.
We saw a fairly steep sell-off on Thursday following weakness on Wall Street.

Very premature exits on STAN longs on Friday morning meant me missing a lovely rebound (see chart)...

Hopefully I will trade better next week.




Stay disciplined.

Stay focussed.

FTSE August