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

08-27-2014 Trading Journal

Market had yet another neutral day.



You could almost see that it was contemplating on an action.  Will it be up or down?  Hmm…

Meanwhile, five of my positions went down with only one up.

$AMRN continued to show strength going into September.


All eyes are on FDA decision sometimes in September.  You never know, a positive decision could pop up next week and Boom! there goes the price and you hurt your neck for having to look up so high.  Wouldn’t that be a nice scenario to see in real time?  Well, I’ll know soon enough.

$HYGS continued to correct.


It is now at long-term support and the 79 & 89 MA lines are not too far below.  Since I bought this for long-term hold, I’m going to have to sit thru the volatility.

$DMRC gave back yesterday gain.  Giving its up and down daily movement, this one is now stuck in consolidation range.

$ORBC, $CPST, and $LRAD all went nowhere except bouncing around.

Giving five stocks down, my port gave back 2.1% with YTD gain at 13%.

Current positions:

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

From my other account:

$FITX corrected from yesterday gain.  Still holding for the Health Canada decision.

My 2 cents.

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