iBankCoin
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

12-18-2013 Trading Journal

Market began by trading down and then spiked up big time in mid-day.

Unfortunately, my portfolio wasn’t able participate in this relative giant rally.

I did change the overall structure of my portfolio by reducing $CERS, $GALE, $TINY to buy $INO.

ino_daily

From the chart, $INO looks like it is going for another test against the resistance at $2.24.  Price is now above all the MA lines.

$NUGT suffered today due to the huge rally in equity.

NUGT_daily

If it takes out the support at $25.2x, I will have to cut my losses once again.

Current holdings:

LRAD, KNDI, KGJI, CERS, XONE, INO, GALE, TINY, NUGT and 1% cash.

My 2 cents.

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