The Bad, the Ugly, and the Good.

Ok, that is not how the movie title goes, but that is the way it went for me today. MISP, the stock I really wanted to hold got bounced out this morning with an early surge down to $15.52. My stop stop loss order was $15.72, so it was closed or sold. That was the bad. Then by 10:05 the march back up began and this was the ugly because it was pouring salt in my wound. I was pretty po’d most of the day and pretty much ignored the market until around 3pm. By 3pm MISP was back up to $16.65, and then marched higher into the close to finish at a high of $17.71. So that was the ugly, because it was in my face!!! Should have ended the day with a $150 gain here, but instead a $176 loss. Errr!

So here is the GOOD, ARMH was up 13%, CY was up 4.38%, and FNSR was up 3.27%, so this all made me feel better. I locked in a 10% gain in both ARMH and CY, so if those stop orders are fired, that is the smallest gain I will receive. My portfolio was up almost $300 even as the S&P, Small Cap, Nasdaq, and Dow 30 all closed lower, so I have that to be thankful for. MISP, just pissed me off, because I didn’t want to sell it. That my friends is trading, so I will get over it.

$176.02 realized profit today. AVG = $35.46 a day. Personal goal = $50 a day.  9 of 20 trading days for January complete. 

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$319.18	-	-	-	-	-	$319.18

Stock	Entry	Price	Stop	Profit	% Gain
AGCO	$52.90	$55.36	$51.44	$115	5
ARMH	$22.54	$27.22	$25.01	$477	21
ATML	$12.90	$13.79	$12.76	$178	7
CTSH	$64.98	$74.59	$73.42	$409	6
CY	$18.14	$21.23	$20.10	$463	17
ENTR	$13.00	$13.25	$12.29	$48	2
FNSR	$32.10	$34.76	$30.13	$181	8
KEM	$15.23	$15.00	$14.59	$38	1
TOTAL	------------	-----------	----------	$1833.00	----------