Monday 22 September 2014

Checking in...

This was supposed to have been posted on Saturday but it got stuck in Google Blogger 

                          --------------------------------------------

Wow - it's been 2 months to the day since my last post, so I thought I would check in with all of you to say hi.

I haven't disappeared, but rather, I am licking my wounds from the previous round. No one likes to lose money, and I am down £25k, that's a lot of cash, so I am watching the markets carefully before I jump back in.

There still seems to be no clear direction for the UK markets. 2014 has been a sideways market all the way through, which is no good for any spread better. I went on to Google this morning to check, and these are the stats:

  • The FTSE All Share Index has climbed by 1.02%
  • The FTSE 100; 1.32% and, 
  • The FTSE 250 down by 0.48%. 
Not good for us spread betters at all. 

I will certainly be back in when the market is right, but for now I watch and wait. 

I hope you are all well, and hopefully having more luck than me in the markets. 

Have a great weekend,
Oliver


Monday 21 July 2014

Round 3 : Week 45 Day 2 Trade Log - Final Day of Round 3

I've closed all my positions for the time being! 

The markets are just too choppy at the moment, so I feel that I need to sit on the sidelines and wait for a more clear direction and then I will open some new positions. 

This round has been tough, I'm in week 45 and will close out at £25k down. 

I don't think there is anything wrong with my strategy, it clearly works, as proven in Round 1 and Round 2, the markets need to be right though. One of the biggest mistakes I could make (and any trader for that matter) is to change my strategy due to market conditions, I need to wait until the market conditions suit my trading style and until then I will watch and wait !

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,623.000.00 (SOLD @ 1,627.00)
Hikma PharmaceuticalsLong1,424.601,682.000.00 (SOLD @ 1,712.99)
SchrodersLong2,690.702,480.000.00 (SOLD @ 2,493.00)
Running profit / loss-25,319.00

Round 3 : Week 45 Day 1 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,636.00646.1717,611.3867.00
Hikma PharmaceuticalsLong1,424.601,734.008,062.710.98840.00
SchrodersLong2,690.702,533.00-2,213.5417.83-226.00
Running profit / loss-24,008.33
Difference from previous day1,208.09

Sunday 13 July 2014

Round 3 : Week 44 Day 5 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,608.00-3.69-104.11
Hikma PharmaceuticalsLong1,424.601,731.007,984.66-0.98832.00
SchrodersLong2,690.702,498.00-2,693.724.37-275.00
Running profit / loss-25,216.42
Difference from previous day-49.49

Round 3 : Week 44 Day 4 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,612.0089.70-82.349.00
Hikma PharmaceuticalsLong1,424.601,734.008,063.90-4.06840.00
SchrodersLong2,690.702,489.00-2,816.86-2.52-287.00
Running profit / loss-25,166.93
Difference from previous day-828.63

Friday 11 July 2014

Round 3 : Week 44 Day 3 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,629.99508.06-24.3353.00
Hikma PharmaceuticalsLong1,424.601,746.998,405.06-2.74876.00
SchrodersLong2,690.702,494.00-2,747.75-1.54-280.00
Running profit / loss-24,338.30
Difference from previous day-441.80

Wednesday 9 July 2014

Round 3 : Week 44 Day 2 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,637.00671.39-32.6770.00
Hikma PharmaceuticalsLong1,424.601,756.008,641.88-0.91900.00
SchrodersLong2,690.702,497.00-2,706.10-18.69-276.00
Running profit / loss-23,896.50
Difference from previous day-831.12

Round 3 : Week 44 Day 1 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,651.00997.09-21.86104.00
Hikma PharmaceuticalsLong1,424.601,759.008,721.13-5.94908.00
SchrodersLong2,690.702,528.00-2,279.93-5.08-232.00
Running profit / loss-23,065.38
Difference from previous day-940.26

Saturday 5 July 2014

A week of profits every day

Good week this week, I gained just over £4k, with each and every day showing a profit. 

Hope you are all having a good weekend...

Round 3 : Week 43 Day 4 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,662.001,253.6219.96131.00
Hikma PharmaceuticalsLong1,424.601,775.009,141.846.08952.00
SchrodersLong2,690.702,540.00-2,114.224.33-216.00
Running profit / loss-22,222.43
Difference from previous day828.26

Round 3 : Week 43 Day 5 Trade Log


StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,662.991,276.111.79133.00
Hikma PharmaceuticalsLong1,424.601,779.999,272.051.42966.00
SchrodersLong2,690.702,536.00-2,169.61-2.62-221.00
Running profit / loss-22,125.12
Difference from previous day97.31

Thursday 3 July 2014

Round 3 : Week 43 Day 3 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,653.001,045.06-11.80109.00
Hikma PharmaceuticalsLong1,424.601,754.998,617.8110.40898.00
SchrodersLong2,690.702,533.00-2,209.89-4.57-225.00
Running profit / loss-23,050.69
Difference from previous day575.45

Wednesday 2 July 2014

Round 3 : Week 43 Day 2 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,659.001,184.94263.81123.00
Hikma PharmaceuticalsLong1,424.601,724.007,805.8918.26813.00
SchrodersLong2,690.702,540.00-2,113.3018.08-215.00
Running profit / loss-23,626.14
Difference from previous day2,531.24

Round 3 : Week 43 Day 1 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,621.99325.70-33.4034.00
Hikma PharmaceuticalsLong1,424.601,678.006,600.392.86688.00
SchrodersLong2,690.702,506.00-2,579.80-0.55-263.00
Running profit / loss-26,157.38
Difference from previous day5.70

Monday 30 June 2014

Radio silence

Apologies for the radio silence, I have been away and then I lost a lot of my emails with the trade logs so there is a bit of a gap unfortunately!

I will be posting a recap of Round 3 soon, it hasn’t been easy, that’s for sure. It’s almost been a year and I’m down £26k. The markets have been very sideways as you all know I’m sure, but I have to stick to my strategy. I am considering selling out completely until the markets improve, but changing my strategy is not an option – that’s when I will lose for sure!


Anyway, hope you are well and having a good summer…

Round 3 : Week 42 Day 5 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,629.00489.04160.7851.00
Hikma PharmaceuticalsLong1,424.601,670.996,417.163.80668.00
SchrodersLong2,690.702,507.00-2,565.614.58-262.00
Running profit / loss-26,163.08
Difference from previous day659.81

Friday 20 June 2014

Round 3 : Week 41 Day 3 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,636.00655.1463.7568.00
Hikma PharmaceuticalsLong1,424.601,673.566,488.5816.22676.00
Johnson MattheyLong3,428.633,128.00-3,246.31-11.86-88.00
LookersLong129.32136.001,895.343.94190.00
SchrodersLong2,690.702,531.00-2,232.80-19.95-228.00
Running profit / loss-26,943.72
Difference from previous day517.03

Round 3 : Week 41 Day 2 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,625.00400.08668.3542.00
Hikma PharmaceuticalsLong1,424.601,639.005,582.90-3.19582.00
Johnson MattheyLong3,428.633,160.00-2,902.012.86-79.00
LookersLong129.32135.751,823.43-21.77183.00
SchrodersLong2,690.702,558.00-1,861.48-7.14-190.00
Running profit / loss-27,460.75
Difference from previous day-381.90

Round 3 : Week 41 Day 1 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,610.0052.07-86.105.00
Hikma PharmaceuticalsLong1,424.601,645.995,766.76-4.36601.00
Johnson MattheyLong3,428.633,152.00-2,987.53-1.85-81.00
LookersLong129.32137.502,330.926.60234.00
SchrodersLong2,690.702,567.00-1,737.40-3.29-177.00
Running profit / loss-27,078.85
Difference from previous day-550.82

Round 3 : Week 40 Day 5 Trade Log

StockTypeEntry PriceLatest PriceCurrent profit/loss% on prev day% on total risk
BunzlLong1,606.601,623.86374.58-67.9439.00
Hikma PharmaceuticalsLong1,424.601,656.006,029.82-11.89628.00
Johnson MattheyLong3,428.633,157.00-2,933.36-28.80-80.00
LookersLong129.32137.002,186.60-9.06219.00
SchrodersLong2,690.702,571.00-1,682.00-81.63-171.00
Running profit / loss-26,528.03
Difference from previous day-3,236.90