Wednesday, November 24, 2010

Had a great day, but I had one blunder.

Today the market recovered almost everything she gave away yesterday and it did well for my stocks. The market added almost $700 unrealized profit dollars to my account. That was the good news. I bought 3 new stocks today and one took me to the cleaners for $211 dollars. But this is why we use stop loss orders to protect our capitol, so we will live to fight another day. Technically I was down 8.6% in this one transaction, but when you look at the entire portfolio, I was only down .07% of my entire capitol. That is pretty awesome when you look at the entire picture. I do not want to harp on it to much, but set a stop loss when you by a stock.

The other good news is that we printed a green flag on the S&P500, so that cancel's yesterdays warning for now and like I said, I will wait until Monday before I make any new decisions about market direction.

Tomorrow is Turkey day, so I will put down the laptop and there will be no news from me. Enjoy the food, family, and football. Do not forget to nap……

$211.04 realized profit today. November realized gain = $2085.01 AVG = $115.83 a day. Personal goal = $50 a day.  18 of 21 trading days for October complete.

Unrealized and still holding: $736.00

Year to date: $622.59

Stock

Entry

Price

Stop

Profit

% Gain

ATML

$10.71

$10.90

$9.43

$44

1.8

BRCM

$43.91

$45.24

$41.62

$73

3

CTSH

$64.98

$66.12

$61.26

$40

1.7

DECK

$69.00

$71.41

$61.17

$84

3.5

IGTE

$24.32

$24.31

$22.02

$1

0

LULU

$51.50

$53.88

$47.49

$119

4.6

LVS

$50.55

$50.93

$44.08

$19

.7

SBUX

$28.53

$31.48

$29.91

$177

10

SVM

$12.35

$12.28

$11.10

$14

.6

TTM

$33.40

$36

$29.73

$195

7

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