Thursday, November 11, 2010

Added a few positions

I added 4 positions today with one being a re-entry into one I just sold a day or two ago. SCCO was my re-entry and I really didn’t want to sell it the other day, but I didn’t want to give away my profit either. I like the chart, I like the fact that they are in copper, and I think long term the trend will continue. I also bought NG that I should have re-purchased when I got stopped out 2 weeks ago, because it is in Silver and Gold. The chart on NG is killer and dangerous. I also added NOV, energy, and SWKS that I have been sniffing on for a few weeks and of the 4 I bought will likely get stopped out unless I get a move soon. I almost re-purchased LVS but I had things to do today and just didn’t get the timing right.

Overall good day with a $60 or 8% un-realized profit gain on day the market where down.  In case your wondering why all the red in the Stop column, this is because my stop loss orders to sell or liquidate my positions in lower than I paid for the stock. This is the most risky time to own your stocks but it is part of the game.

$0.00 realized profit today. November realized gain = $3196.22 AVG = $355.13 a day. Personal goal = $50 a day.   9 of 21 trading days for October complete.

Unrealized and still holding: $806.00

Year to date: $433.62

Stock

Entry

Price

Stop

Profit

% Gain

FFIV

$100.5

$123.70

$113.47

$394

23

F

$16

$16.61

$14.96

$91

3.8

NG

$14.99

$15.05

$13.56

$12

.4

NOV

$59.40

$59.56

$57.50

$8

.27

PTEN

$19.70

$20.84

$19.48

$114

6

SBUX

$28.53

$30.74

$28.94

$132

8

SCCO

$46.10

$46.73

$43.14

$63

1.4

SWKS

$23.40

$23.32

$22.55

$8

.34

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