Today I added what will be the last two stocks that I can afford for awhile because I‘m tapped out. For the first time since late April 2010, I’m fully invested. I have $460 cash left in my account. Now it is just basically sit back, move my stop loss orders to chase my stocks owned and wait for them to fire off so I can buy something else.
Note below my unrealized profits and realized gains. I will not close a winning position until stopped out just to improve my daily goals. I’m not a day trader, but I am a trader that will take a profit as soon as it is need. I do not love my stocks and some of them I cannot even tell you the company names or what they do. Shocking to some, but why do I care if it makes me money?
LVS, if your looking for a window of opportunity to get into this long uptrend, the door might be opening here for you. LVS on the 60 minute chart is forming a nice Bull Flag and if you Google a Bull Flag, you will see that it has to be formed off an uptrend. Normally you get nice breakout to the upside off of these flags. They have to be CONFIRMED! Do not buy until it breakouts above $39.59 with better than normal volume. There is always a risk she goes down from here. If it breaks out, then a stop loss should be placed at $39.50 but no lower than $38.08
$0 realized profit today. October realized gain = ($216.76) AVG = ($21.17) a day. Personal goal = $50 a day. 10 of 21 trading days for October complete.
Unrealized and still holding: $898
IVN - ($75) - NEW
JASO - $71
LVS - $145
NG – $62
PRX – $244
SCCO - $293
SOL - ($120) - NEW
SVM - $174
UPRO – $109
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