Tuesday, January 4, 2011

Ouch, bought two but my entries not so great

Today was a down day on the market and as a matter of fact, most of the gains from Monday went poof. I bought 2 stocks and made some pretty poor entries but I wanted the stocks and really had no preference of entry price. So I got burned a bit, but I like the stocks and I have my stop losses set, so if I’m wrong, I will try again later. Manage risk to live to fight. I bought MIPS and BWA.

I’m also looking at AGCO, ENTR, CLF, CMI, and CVI. Doing more homework tonight.

$0 realized profit today. AVG = $17.51 a day. Personal goal = $50 a day.  2 of 20 trading days for January complete. 

Jan

Feb

Mar

Apr

May

Jun

YTD 2011

$35.03

-

-

-

-

-

$35.03

Stock
Entry
Price
Stop
Profit
% Gain
BWA

$73.99

$72.51

$71.32

$49

2

CTSH
$64.98
$74.16
$71.86
$365
5
CY
$18.14
$18.24
$17.73
$15
.5
MIPS

$16.72

$16.19

$15.16

$79

3

TOTAL ------------ ----------- ---------- $252.00 ----------

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