Wednesday 26 February 2014

Round 3 : Week 25 Day 2 Trade Log


Stock Long/Short Entry Price Latest Price Current profit/loss % on prev day % on total risk
St. James's Place Long 721.00 831.50 8 203.81 50.85 218.92
UK Mail Long 632.64 697.50 5 479.90 -21.25 146.46
Avon Rubber Long 636.42 652.00 1 308.00 0.00 34.95
Brewin Dolphin Holdings Long 303.86 332.40 5 029.41 -10.08 134.16
NCC Long 216.29 215.50 -136.87 (BOUGHT) -3.65
Porvair Long 310.78 305.00 -696.49 (BOUGHT) -18.60
Hikma Pharmaceuticals Long 1 424.60 1 410.00 -383.25 (BOUGHT) -10.25
Consort Medical Long 1 056.60 1 053.00 -126.90 (BOUGHT) -3.41
Diploma Long 761.40 753.00 -413.70 (BOUGHT) -11.03
Lookers Long 129.32 127.50 -527.80 (BOUGHT) -14.08
Record Long 43.61 42.63 -847.10 (BOUGHT) -22.59
Ricardo Long 718.80 717.00 -93.60 (BOUGHT) -2.50
Schroders Long 2 690.70 2 666.00 -339.62 (BOUGHT) -9.18
Sports Direct Long 797.80 798.50 32.90 (BOUGHT) 0.88
Xaar Long 1 090.70 1 089.00 -58.23 (BOUGHT) -1.56
Running profit / loss 23 045.88
Diff from prev day -2 867.99
Posted by at

9 comments:

  1. Anonymous26 February 2014 at 12:18

    Hello,

    Do you still use 4% risk per position? (just checked back on one of your first posts)

    Rich

    ReplyDelete
    Replies
    1. Oliver Tomahawk26 February 2014 at 13:40

      I do - so I have £67,500 that I have allocated to this round. Sticking to my rules of 18 open bets, I limit my risk per bet to £3750

      Delete
    2. Jim Taliadoros1 March 2014 at 13:22

      Sorry...could you please clarify...3750 is 7% of your allocated 67500 funds. So you risk 7% and not 4% per trade?

      Delete
    3. Oliver Tomahawk6 March 2014 at 12:27

      You are right (kind of!). I didn't read the first question properly, I risk 5.56% of my total on any one bet. I will never have more than 18 bets open. Therefore, regardless of how much my total investment amount is, it will always be 5.56% (mathematics dictates this!)

      Delete
  2. Unknown26 February 2014 at 12:34

    Hi Oliver im a little confused how you get to your running profit of £23,045.88 (Trade log Round 3 : Week 25 Day 2) - I make it £16,435.12 from the live list, I understand this doesnt include closed trades, however even after including all previous trades for round 3 , (shown in your spread sheet posted 19 feb the total is minus £1285.37
    So by my calculation the profit is:

    £16,435.12 (live list)
    - £1285.37 (closed_
    = £15,149.75 Running
    Where have I gone wrong?

    ReplyDelete
    Replies
    1. Oliver Tomahawk26 February 2014 at 13:41

      Hi, I will post a summary of all my bets for this round in the next day or two for you but you must be missing a few closed bets somewhere I presume!

      Delete
    2. Oliver Tomahawk28 February 2014 at 07:19

      Peter, as requested - http://barefootspreadbetting.blogspot.com/2014/02/round-3-summary-of-closed-bets-so-far.html

      Delete
  3. Anonymous27 February 2014 at 14:21

    Are your bets quarterly or DFB? If it's the latter then the overnight interest on keeping the bets open must be high, do you include this in your overall profit/loss? Quarterly bets would close at the end of each quarter, but you pay a larger spread to begin with and thus avoid paying overnight interest. I'm just wondering what the overnight interest payments are like for such large bets.

    ReplyDelete
    Replies
    1. Oliver Tomahawk28 February 2014 at 07:24

      DFB - yup, interest can be high but I like DFB's for the flexibility and not to pay a huge spread. But, in the big scheme of things, I am aiming to make double my money on each bet of roughly £3750 so I am not too concerned about daily interest charges. And, yes, I do include this in my profit & loss

      Delete

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