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

08-27-2014 Trading Journal

Market had yet another neutral day.

SPY_Daily

 

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.

AMRN_daily

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.

HYGS_daily

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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