Well, here's where we stand...
GMCR - purchase on June 14 @ $76.23 sitting today @ $83.75, a 9.9% gain. I'm keeping my stop loss @ $80.26.
ISRG - purchase on June 17th @ $346.05 and it closed @ $352.52, a 1.9% gain. I'm keeping my stop loss @ $346.25.
On June 21st, I stuck with SINA @ $82.60. It triggered and closed the day @ $92.04, a 11.4% gain. Today, it triggered the sale at my stop loss price, set @ $90.18, for a total return with this position of 9.2%.
On June 22nd, I chose TZOO @ $60.55 with a stop loss @ $59.94. It opened the day @ $62.39 and, therefore, I did not make the purchase since it was up over 3% of my purchase price.
I stick to a 2% rule at open... if it looks like it is going to open greater than 2% above my purchase price on a new position, I sit it out... it simply increases the risk more than I'm comfortable.
OVERALL - With one stock closed out at -1%, the Overall total return is 20% so far in difficult market conditions.
So far... 3 winners... 1 loser for a great overall profit.
For June 23rd, I'm choosing SPRD @ $13.83 with a stop loss @ $13.69.
See you on tomorrow!
No comments:
Post a Comment