Summary Week Ended Friday 25th January 2013 2 stock trades: 1 BP + 30.72 BPS 1 XTA + 37.67 BPS Stocks net + 68.39 BPS All long trades, all intraday. No index trades. Thoughts This week was pretty quiet after last weekâs poor trading. My exits were poor, the market remains strong and the FTSE added 118 points to set another new 52 week high. I traded 2 days. Stay disciplined. Stay focussed.
Summary Week Ended Friday 1st February 2013 7 stock trades: 3 ANTO â 298.78 BPS 1 BLT + 8.88 BPS 3 RBS â 79.33 BPS Stocks net â 369.23 BPS All long trades, all intraday. No index trades. I traded 2 days. Thoughts This week was poor, just cannot seem to get out of this losing streak at the moment. My losses were mainly on ANTO, after a trading update. This is not a stock I have traded much, and after this weekâs dismal performance, I think Iâll give it a wide berth. Stay disciplined. Stay focussed.
Summary Week Ended Friday 8th February 2013 3 stock trades: 1 BLT + 24.97 BPS 1 STAN + 45.94 BPS 1 XTA + 19.71 BPS Stocks net + 90.62 BPS All long trades, intraday except STAN. No index trades. I traded 2.5 days. Thoughts This week was a bit quiet, spent most of my time watching and sitting back, but then where thereâs no trade, better to be patient. I also was busy with other stuff. I am focussing on my âCoreâ list of stocks, since I have a proven history of trading these stocks profitably. Stay disciplined. Stay focussed.
Summary Week Ended Friday 15th February 2013 9 stock trades: 5 BLT â 283.02 BPS 4 BP â 26.48 BPS Stocks net - 309.5 BPS All long trades, all intraday. No index trades. I traded 2 days. Thoughts This week was a bit difficult. Poor enties and exits. Stay disciplined. Stay focussed.
Summary Week Ended Friday 1st March 2013 3 stock trades: 1 MKS â 89.46 BPS 1 RBS + 12.86 BPS 1 XTA + 133.38 BPS Stocks net + 56.79 BPS All long trades, all intraday. 1 index trade: FTSE + 3.2 BPS I traded 3 days. Thoughts This week was volatile, stocks sold off heavily on Monday night, so gaps down on Tuesday, but rallied from there. Missed some good long entries. Stay disciplined. Stay focussed.
Summary Week Ended Friday 8th March 2013 5 stock trades: 2 BLT + 15.93 BPS 3 STAN + 51.17 BPS Stocks net + 67.10 BPS Index trades: 4 FTSE + 12.22 BPS Total net + 79.32 BPS Both long and short trades, all intraday. I traded 5 days this week. Thoughts This week was rather quiet, FTSE & Dax made new 52 week highs, following new all time highs on the Dow. SPX has not made a new high though. I missed a perfect 1st hour reversal trade on AV this week after they cut the dividend, but then AV isnât on my watch list. Oh well. Had a few technical problems this week. Well below my 500 BPS weekly target profit this week. At least I showed a profit every day this week. Miners have held up, and banks are still in bullish mode. Friday's Non - farm payrolls beat estimates, markets rallied, then sold off after that. Stay disciplined. Stay focussed.
Mo, I'd always thought that the spreads would be too steep to make daytrading UK stocks profitable, but this is obviously not the case. Could you post a few screenshots of your trades, Thanks.
Summary Week Ended Friday 15th March 2013 10 stock trades: 1 BARC + 6.44 BPS 1 BLT + 4.31 BPS 8 STAN â 420.30 BPS Stocks net - 409.30 BPS Both long and short trades, all intraday. 4 index trades: FTSE + 25.27 BPS Net total - 384.28 BPS I traded 4 days. Thoughts A poor weekâs trading, I made a basic error on STAN on Wednesday, not realising it was ex-div (a whopping 38p) and went long too early, in the process getting stopped out at the low of the day. It was also downgraded. I think I was guilty of 'revenge trading' on STAN. Of course, it recovered the next day.. FTSE & Dax made new 52 week highs, following new all time highs on the Dow. SPX has not made a new high though. FTSE went negative later on Friday. New of the Cyprus bank âbailoutâ came out after Fridayâs close, so that could be a mover on Monday. I expect gold to do well. Stay disciplined. Stay focussed.
Summary Week Ended Friday 22nd March 2013 17 stock trades: 4 BARC â 73.88 BPS 11 BLT - 81.62 BPS 2 XTA + 105.88 BPS Stocks net - 49.62 BPS Long trades, intraday & overnight. 2 index trades: FTSE + 2.51 BPS Net total - 47.10 BPS I traded 5 days. Thoughts A very difficult week, with the market reacting to the news coming from Cyprus. Miners were very weak, BLT has been down for 8 consecutive days at the close on Friday. That hasn't been seen since August 2011, after which it recovered more than 20% from its low. I should be thankful that my losses were pretty moderate, less than half of one percent, although I should have been more active on the short side. Stay disciplined. Stay focussed.