I tightened my stop on FSII and got stopped out @ $2.70 for a loss of about $55.00 including commissions.
I am currently losing on my ASPS position but I still love the chart and fundamentals alot. I will continue to hold as long it does not trade below $25.00.
As for YUII, it is still acting beautifully. Whenever it makes a decisive move through $12.00; I will move my stop to break even and continue to hold this one while keeping an eye on the markets and on further opportunities to tighten my stop.
Right now I am looking for a place to put the cash freed up from the FSII position and SPU which I highlighted in my previous is looking very attractive. I will try to enter it when ever it makes a move past $6.60.
I was looking at CHOP for the longest while now and it finally triggered when all my capital was tied up! Jeeeeezz. Stock Markets...give me a break! Will continue to watch this one as it has a very nice chart.
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
Wednesday, March 3, 2010
Subscribe to:
Post Comments (Atom)
MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
-
My experimental short position in GT has been closed out by my stop loss order for a loss of about $115.00 including commissions. However, I...
-
I am of the belief that the markets will move higher over the course of the next 4-6 weeks. However, beyond that I am not very confident in ...
-
I have narrowed down the stocks I want to own to two stocks: DECK and CMG. Need less to say, they both meet all the CANSLIM requirements. In...
No comments:
Post a Comment