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

08-05-2014 Trading Journal

Well, at least, the market tried to rally but at the end, the bear just dragged it down.

SPY_Daily

Price is now trading at the trendline and 79 & 89 MAs area.  It needs to bounce soon to maintain at the same level of the supports; otherwise, it is going to fall to the next support.

$DMRC was the hero for the day ’cause it was one of the two stocks that were up while the other four were down.

Since the other stocks were down slightly, $DMRC was able to reduce today losses to 0.1%.  YTD losses is 3.1%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, ORBC (100% invested/speculated).

My 2 cents.

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