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

11-17-2014 Trading Journal

Oh no… another week of meandering bull movement.  Did you bring your pillow?


While price is maintaining status quo, the oscillators are beginning to turn down.  Will there be a catalyst this week for an aggressive bull?  Yes, we need an aggressive bull pronto!

Today, from my port, one stock went down ($DMRC), one neutral ($ORBC), and the rest were up.

My decision on Friday to sell $URA to lock in gain and then allocated fund to $AMRN and $NUGT proved to be the right move.  $AMRN was up 12.63% today.


Now, price just needs to take out the previous high of $1.10 from Oct 22nd to start a bullish trend. I’m sure glad I bulked it up Friday.

$NUGT continued to bounce higher after a negative start.


What I like about the chart is the the 5 MA is about to cross over the 15 MA line.  We will see if that is going to happen tomorrow.

$LRAD bounced today to begin the week.


This Thursday after hour will be the earnings call.  That day will decide if I’ll have a spectacular return on my port for the year 2014.  If not, then I’ll have to make do in 2015.

$DMRC continued to correct.


Currently, price is settling at the 89 MA support line.  As far as I’m concerned, the bull is still intact.

$ORBC being neutral, I’ll skip the chart.

Thanks to $AMRN spectacular run-up and the gains from $LRAD and $NUGT, my port gained 1.1% despite drawdown from $DMRC.  YTD gain is now at 13%.

Current holdings:

LRAD, DMRC, ORBC, AMRN, NUGT (100% invested/speculated)

From my other account:

Yeap, still holding $MCIG.

My 2 cents.

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