Trading Summary Week Ended Friday 8th May 2015 7 Stock Trades: 4 AAL + 114.11 BPS. 1 BARC + 23.68 BPS. 1 BLT + 8.79 BPS. 1 HSBA + 9.09 BPS. 5 long trades + 86.06 BPS. 2 short trades + 69.60 BPS. Stocks net + 155.67 BPS. Intraday and overnight trades. I traded 4 days this week. Return on account for the week + 2.68 % net. P:L ratio N/A. No Index trades. Thoughts A shortened week, London being closed on Monday for the bank holiday. Some poor exits. Above my 2.5% weekly target at least. Friday saw a rally after the election result, although this was mainly in banks and utilities. Hoping for better opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 15th May 2015 10 Stock Trades: 7 AAL + 181.71 BPS. 2 BLT + 56.87 BPS. 1 EZJ + 19.41 BPS. 8 long trades + 221.89 BPS. 2 short trades + 36.10 BPS. Stocks net + 257.99 BPS. Intraday and overnight trades. I traded 4 days this week. Return on account for the week + 4.08 % net. P:L ratio 17.32:1. No Index trades. Thoughts A half decent week, although I missed some good opportunities due to other distractions. Some volatility on the miners later in the week. Some poor exits, but above my 2.5% weekly target. There was a huge sell off in EZJ after results, unfortunately I only captured a small part of the rebound on the stock. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 22nd May 2015 2 Stock Trades: 2 BLT + 26.03 BPS. 2 long trades + 26.03 BPS. No short trades. Stocks net + 26.03. 1 intraday trade + 18.34 BPS. 1 overnight trade + 7.69 BPS. I traded 2 days this week. Return on account for the week + 0.26 % net. P:L ratio N/A. No Index trades. Thoughts A very difficult week, miners were very weak. I am really poor at shorting big down moves, I find entries very difficult in such circumstances. A nothing week really. Well below my 2.5% weekly target. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 29th May 2015 4 Stock Trades: 2 AAL + 29.20 BPS. 2 BLT + 52.78 BPS. 4 long trades + 81.98 BPS. No short trades. 3 intraday trades + 72.37 BPS. 1 overnight trade + 9.62 BPS. Stocks net + 81.98 BPS. I traded 4 days this week. Return on account for the week + 1.81 % net. P:L ratio N/A. No Index trades. Thoughts Another difficult week. Monday was closed for the bank holiday. Miners were weak again, although they found a few buyers later in the week. Well below my 2.5% weekly target. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 5th June 2015 17 Stock Trades: 6 AAL + 348.16 BPS. 11 BLT + 413.50 BPS. 12 long trades + 551.50 BPS. 5 short trades + 210.17 BPS. 13 intraday trades + 617.48 BPS. 4 overnight trades + 144.19 BPS. Stocks net + 761.67 BPS. I traded 5 days this week. Return on account for the week + 6.03 % net. P:L ratio N/A. No Index trades. Thoughts A better week, and a pretty busy one by my standards. Lots of volatility in the stocks I watch. A couple of very poor exits. I should have cleared over 1000 BPS, but I guess a profit is better than a loss. I missed a few nice opportunities on the likes of BARC and on VOD on Friday when it gapped up and immediately dropped over 500 BPS. Still, well above my 2.5% weekly target. All the talk of a Greek rescue / default produced some volatility on the stock and bond markets. And then on Friday we had US payrolls, which added to the market volatility. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 12th June 2015 15 Stock Trades: 9 AAL + 251.30 BPS. 5 BLT + 131.64 BPS. 1 STAN + 168.53 BPS. 10 long trades + 293.40 BPS. 5 short trades + 258.06 BPS. 12 intraday trades + 338.18 BPS. 3 overnight trades + 213.29 BPS. Stocks net + 551.46 BPS. I traded 4 days this week. Return on account for the week + 4.65 % net. P:L ratio N/A. No Index trades. Thoughts A half - decent week. Had to be pretty quick, lots of choppy moves on stocks and indices. Well north of my 2.5% weekly target, at any rate. We saw some volatility on banks and miners. I made some poor exits. It's so easy to get spooked out a of a decent trade for no good reason. I should let good trades run, but that's not so easy in a choppy market. Miners recovered some of their early losses later in the week, whilst oil producers were weak, with RDSA making a 52 week low. Greek developments (or lack of them) contributed to market jitters. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 19th June 2015 17 Stock Trades: 2 AAL + 55.92 BPS. 14 BLT + 221.71 BPS. 1 STAN + 48.36 BPS. 10 long trades + 224.54 BPS. 7 short trades + 101.44 BPS. 16 intraday trades + 314.52 BPS. 1 overnight trade + 11.46 BPS. Stocks net + 325.98 BPS. I traded 5 days this week. Return on account for the week + 3.24 % net. P:L ratio N/A. No Index trades. Thoughts A very tough week. Very choppy moves on stocks and indices. I had to scalp what points I could. Above my 2.5% weekly target. Hoping for more opportunities next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 26th June 2015 11 Stock Trades: 5 AAL + 70.92 BPS. 4 BLT + 131.73 BPS. 1 RIO + 7.69 BPS. 1 STAN + 25.70 BPS. 7 long trades + 171.74 BPS. 4 short trades + 64.31 BPS. 9 intraday trades + 159.13 BPS. 2 overnight trades + 76.92 BPS. Stocks net + 236.05 BPS. I traded 5 days this week. Return on account for the week + 2.30 % net. P:L ratio N/A. No Index trades. Thoughts A very tough week's trading. Developments in the Greek crisis meant that markets were jumpy yet again, and I found it a very challenging market to trade. Some of my exits were very poor (mainly on the short side). Miners found some buyers in the middle of the week but sold off on Thursday and again on Friday. Below my 2.5% weekly target. Hoping for better results next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 3rd July 2015 7 Stock Trades: 2 AAL + 38.58 BPS. 5 BLT - 65.60 BPS. 4 long trades - 89.51 BPS. 3 short trades + 62.48 BPS. 4 intraday trades - 7.26 BPS. 3 overnight trades - 19.77 BPS. Stocks net - 27.03 BPS. I traded 4 days this week. Return on account for the week - 0.43 % net. P:L ratio N/A. No Index trades. Thoughts A poor week's trading. The Greek crisis meant that markets were jumpy yet again. Miners were very weak, as was the equity market as a whole. The US markets were closed on Friday for Independence Day. Hoping for better results next week. Stay disciplined. Stay focussed. Stay humble.
Trading Summary Week Ended Friday 10th July 2015 4 Stock Trades: 1 AAL - 1394.68 BPS. 3 BLT + 86.91 BPS. 4 long trades - 1307.77 BPS. No short trades. 2 intraday trades + 28.77 BPS. 2 overnight trades - 1336.54 BPS. Stocks net - 1307.77 BPS. I traded 4 days this week. Return on account for the week - 8.30 % net. P:L ratio N/A. No Index trades. Thoughts A vey poor week's trading. I closed a swing trade on AAL for a fairly large loss. Thankfully it was a smallish position. Hoping for better results next week. Stay disciplined. Stay focussed. Stay humble.