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, October 19, 2011

US Stock of the Day for October 19, 2011

Whooosshhhh... another week of Roller-coaster markets.

Let's take a look at where we stand still...

October 11th, I chose AAPL @ $392.00.  It closed @ $422.24 for a gain of 7.7%.  I'm lowering my stop loss to $395.00 to avoid being stopped out when I think we'll see it rise significantly from here.

October 17th, I chose SH @ 43.19.  I set my stop loss @ $42.43 and it triggered for a 1.7% loss.

October 18th, I chose GG @ $48.69.  It did not trigger.

October 19th, I'm choosing GMCR @ $83.34 after being severely beaten up.

OVERALL 

The Overall total return is 73.4% since my first purchase in June.


So far... 16 winners... 5 even... and 19 losers (at approx. -1% each, and one at 0.3%) for a great overall profit.

I'd encourage you to visit Invest in the Markets for great educational articles, stock analysis, and trading strategies. It's a great site no matter how new or experienced you are as a trader.

See you tomorrow!
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