US Stock of the Day - Understanding How it Works

US Stock of the Day is for traders who are looking for a US Stock to trade each day. I base my picks on US Stocks I follow on the Nasdaq, Dow, S&P and other indices such as the Russell 1000, etc., watching for a swing in the momentum upward. I keep a tight stop loss on all trades to minimize my risk... and allow the great stock trades to continue rising. These are not recommendations... merely entertainment. Please see the warning at the bottom of this page.

If you have any questions, don't hesitate to contact me @ contactdoctorstock@gmail.com. For a Canadian stock of the Day, look at http://canadianstockoftheday.blogspot.com. Also, you may not be a short-term trader... for more stable, longer-term trades, check out http://investinthemarkets.com.

Wednesday, August 10, 2011

US Stock of the Day for August 11, 2011

Markets are violently thrashing from highs and lows...
It is helpful if you can figure out ways to Predict the Market's Momentum

A violent day...  and the worst part is my hard drive crashed.

August 9th, I chose GMCR @ $93.88 with a stop loss @ $92.94.  It triggered both the purchase and the sale for a 1% loss.

August 10th, I chose HLF @ $57.23 with a stop loss @ $56.66.  The markets continued to show signs of sickness... and it did not trigger.

For August 11th, I'm choosing JVA @ $18.62 with a stop loss @ $18.43.

OVERALL 

The Overall total return is 74.8% since my first purchase in June.


So far... 8 winners... 2 even... and 9 losers (at -1% each, and one at 0.3%) for a great overall profit.

I would encourage you, especially if you're looking for a more stable, weekly approach to trading, to look at http://www.investinthemarkets.com/.  

See you tomorrow!
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1 comment:

  1. sAugust 11, 2011 at 7:06 AM

    Volatility is killing us these past couple days... JVA just stopped out but now back up to 18.90!

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