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

09-30-2014 Trading Journal

Market made an attempt to move up but failed at the end.


From the chart, it was only a small give-back.  There is still room for the bounce to happen since price is still at the 79 & 89 MA lines.

Today, three of my stocks rallied in the morning but failed to maintain altitude.  The only one stock that went up is $IBIO.

As a result, my port gave back 1.5% with YTD losses at 4.8%.

Current holdings:

LRAD, DMRC, ORBC, IBIO and 6% cash.

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”




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