Friday, February 11, 2011

Nice pop today

The day started off in the dumps and I guess which Mubarak in Egypt decided to step down the markets took off. I will talk more on that tomorrow post, along with the TSP funds. Today I added an old favorite winner of mine and I was late getting in, but I got tired of watching it and stepped back into LULU.  See below the should have been entry and my entry, so if I lose money it is my fault again.

lulu

I’m giving my stocks more room to run this time. I set my stop loss @ 7% or the nearest pivot and then I move them at the end of the trading day. I move them to within 7% of the closing price, but I never move it lower. Lastly, if the 8 day moving average flattens out, like with FXEN, I move the stop loss up within 4%. Today I finally had one stock move into safe stop loss territory, CVI, and I got two more closing in. As much as this market has run uphill, I’m half tempted to cash out and keep my profits.

$0 realized profit today. AVG = $0 a day. Personal goal = $50 a day.  9 of 19 trading days for February complete.

Jan
Feb
Mar
Apr
May
Jun
YTD 2011
$5.41
$0
-
-
-
-
$5.41

Stock
Entry
Price
Stop
Profit
% Gain
AAPL
$353.00
$356.85
$343.00
$27
1
ACOM
$37.15
$37.47
$35.12
$22
1
ATML
$15.40
$16.12
$15.00
$144
5
CAT
$98.80
$103.54
$96.29
$118
5
CVI
$17.51
$19.35
$18.00
$263
10
DE
$92.91
$95.42
$88.74
$68
3
FXEN
$9.91
$9.94
$9.54
$9
0
LULU
$84.21
$84.31
$78.31
$3
0
SPRD
$22.80
$23.94
$22.26
$125
5
TOTAL ------------ ----------- ----------
$779.00
---------

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