Monday, October 18, 2010

Another one bites the dust

IVN was stopped out this morning in the first few minutes that the market was opened. Looks like the entire market did an initial dip and recovered and IVN followed suit. IVN was close to being stopped out anyway and I will keep it in my radar box. If she breakouts again with volume, I will give it another go.

Speaking of giving a stock another go, I repurchased SOL. I was about 30 minutes late, but this time my trailing stop is a 4% stop market trailing stop. At one point today, I was up $130  but by 4pm she came crashing back down and I got popped out at the same price I bought it at. Total loss was basically the commission in and out.

($288.68) realized profit today. October realized gain = ($963.44) AVG = ($80.28) a day. Personal goal = $50 a day.  12 of 21 trading days for October complete.

Unrealized and still holding: $829

IVN - ($265.02) STOPPED OUT

JASO - ($114)

LVS - $81

NG – $10

PRX – $230

PTEN – $11 New Purchase

SCCO - $367

SOL – Bought and sold same day, donated another ($23.96)

SVM - $182

UPRO – $91

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