Wednesday, January 24, 2007
Did better today
Today I was patient and was able to find a good trade in ABC. I got 300 shares at an average price of 50.55. Sold 100 at 51.65. Then I got stopped out of the rest at 51.36 and 51.32. I was a bit greedy on my 200 shares. The stock went up to around 52.18 and sold of sharply. After that I had a 40 cent move on 300 shares APD which turned into a loss of 11 cents because I wanted to let it ride. I did not really catch anything after that, just churned and gave away some profits. I ended the day up $200.
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3 comments:
Do you have a list/set of stocks that you watch everyday? This might help you focus on finding/executinig your set-up instead of scrambling during the day to scan/look for stocks.
Just a suggestion.
Congrats on a winning day. I've been reading your blog and was hoping your luck would turn, especially after that 15 losing streak.
I don't have a daily watchlist. I usually try to find stocks from my scans. Last week I threw out a most of my scans and narrowed it down to 4. The 4 scans I have are a high% gainer/loser, and a gap up/down. It has improved my focus.
Thanks for the suggestion MC. I am going to set up a watch list and try it out next week.
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