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.

Thursday, September 8, 2011

US Stock of the Day for September 8, 2011

When will the Volatility End...

Short term traders are rocked by volatility...

Let's see where we stand:

September 6th, I chose EGO @ $21.26, closing at $21.36 for what I'll call even for now.  I set my stop loss @ $21.15 and it triggered.

September 7th, I'm going back to GMCR @ $107.62.  It triggered.  I set my stop loss @ $106.12.

September 8th, I'm choosing CVE @ $35.19.

OVERALL 

The Overall total return is 74.9% since my first purchase in June.


So far... 10 winners... 2 even... and 12 losers (at -1% each, and one at 0.3%) for a great overall profit.

See you tomorrow!
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