Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

11-13-2014 Trading Journal

Ever so gently, the bull ignored the southern wind and trotted ahead anyway.


It is definitely a neutral week so far.

Today is the correction day for my port.  All positions except $AMRN were down.

$LRAD pretty much gave back yesterday gain.


Price is still finding support at the 79 & 89 MA lines.

$DMRC also gave back gain from two days ago.


Price is now consolidating above the Fib 21.6% retracement level.

$ORBC correction was more gentle than the others…


While down, it is still a bar with higher high and higher low.

$URA had the worst of the four down position.


While it was tame yesterday, today was anything but tame.  It was brutal.  Price broke below the 79 & 89 MA lines and is now heading to “fill the gap” from three days ago.  Since I wasn’t watching the market during the day, there was nothing I could do.  If uranium spot price continues to stay high, I will hold on to this a bit longer.  While I gave back a chunk of gain, I’m still in the money for now.

$AMRN stood alone with a gain in my port.


I put the remaining 0.8% cash into $AMRN when it opened higher.  It is looking good so far.

Due to corrections all around, my port gave back 3.5% (practically all of yesterday gain plus some).  YTD gain is now at 12.3%.

Current holdings:

LRAD, DMRC, ORBC, URA, AMRN (100% invested/speculated)

My 2 cents.

If you enjoy the content at iBankCoin, please follow us on Twitter