I Was Busy Today

368 views

Talk about a nasty reversal to end the day. I ended up selling down positions in exchange for cash in the final hour. Here is an update on my sales from within our trading room 12631:

Sold KIOR, net +.05

Sold 1/2 my WIX, +1.16

Sold YGE, -.10

Sold SINA, -.14 (was up huge on trade at open, which makes trade shameful)

Sold CUDA, +.46

Sold KNDI, -.24

New position added and held onto today was OLED, in from 37.47.

____

I gave back too many hard fought gains today, but the important part is I did not take any big hits. This game is all about money management. We stress positions sizing inside our trading room, 12631, as well as keeping loses small. It’s never fun to give back gains or take losses for that matter. But, it you can keep things contained, the runners will take care of everything else.

This is not the ideal way to start the week, but we will be fine. See you guys tonight with some charts. I have a few runners to find.

7 Responses to “I Was Busy Today”

  1. what happened to KNDI!?

  2. “This is not the ideal way to start the week, but we will be fine”

    Cooler heads prevail.

  3. wow…crazy Monday. OLED may pop back up tomorrow.

  4. The weekly chart says higher

  5. Liked the looks of OLED well enough I jumped in right before the close and bot on the give-back of this afternoon. And the weekly chart you mention looks great. Looks like a good one, RC.

Comments are closed.
Previous Posts by RaginCajun

I Was Busy Today

368 views

Talk about a nasty reversal to end the day. I ended up selling down positions in exchange for cash in the final hour. Here is an update on my sales from within our trading room 12631:

Sold KIOR, net +.05

Sold 1/2 my WIX, +1.16

Sold YGE, -.10

Sold SINA, -.14 (was up huge on trade at open, which makes trade shameful)

Sold CUDA, +.46

Sold KNDI, -.24

New position added and held onto today was OLED, in from 37.47.

____

I gave back too many hard fought gains today, but the important part is I did not take any big hits. This game is all about money management. We stress positions sizing inside our trading room, 12631, as well as keeping loses small. It’s never fun to give back gains or take losses for that matter. But, it you can keep things contained, the runners will take care of everything else.

This is not the ideal way to start the week, but we will be fine. See you guys tonight with some charts. I have a few runners to find.

7 Responses to “I Was Busy Today”

  1. what happened to KNDI!?

  2. “This is not the ideal way to start the week, but we will be fine”

    Cooler heads prevail.

  3. wow…crazy Monday. OLED may pop back up tomorrow.

  4. The weekly chart says higher

  5. Liked the looks of OLED well enough I jumped in right before the close and bot on the give-back of this afternoon. And the weekly chart you mention looks great. Looks like a good one, RC.

Comments are closed.