I made 2 cents on CAT, Yeah!

Instead on me typing all this stuff twice, just click the charts and read the notes. These are all my buys for Monday and they could change based on what the Market does.

 

CAT

 

 

 

AAPL

 

 

 

KOG

 

 

 

QCOR

 

 

 

UA

 

 

As of December 12, 2011

Another $51 in the Red for me yesterday because I got stopped out of AA and UA. I had a baby profit in each, but after that hard down push Monday and Commission, it put me down. I took a $11.94 on UA and a $39 loss on AA. Good news is that last Thursday when I got stopped out of CAT, I made 2 cents. Yippy!!

Yesterday I also bought QCOR. I also have an order in to purchase KOG.

JAN	FEB	MAR	APR	MAY	JUN	Sub-Total
$5.41	$698.41	$163.29	$248.52	$836.47	$0	$1455.06
JUL	AUG	SEP	OCT	NOV	DEC	Sub-Total	Total
$0	$198.50	$292.01	$0	$536.79	$50.92	$681.22	$2136.28

My CAT adventures to date.

Never ever just buy a stock without at least sizing it up and using a type of plan for entry. I got a little lazy, saw the uptrend and just bought it.  As you can see with CAT, I just pulled the trigger(1), then set a stop loss to manage risk and I got bumped out(2). After that happened I purchased at point 3 off a pivot low and rode that until I got stopped out(4) because it violated the Pivot Low at (2). At least I had a plan and not just pulling the trigger. So once CAT created another pivot low and jumped back in again(5) and set my stop loss just below the last pivot. CAT is currently doing well but has hit resistance at $98 and if she can get through that, I might just have a nice little run to $112. That will be the next resistance level. I’m so tempting to move that stop loss order up to my cost, but for now I will wait. Current profit in CAT is 5.47%

I hate down markets.

It has been awhile since I have posted here, but I’m still trading. I have not made very many moves because of vacations and the down turn in the markets. I do not play the downside very well and so this time I bought 2 put options and I’m running with them. I sold my (1) VMW Oct 80 put Friday for $198.50 profit. My other Put option is ESRX Nov 45. Friday it crossed into the money and I like the action on this stock, so I decided to hold it over the weekend. VMW ? It just scared me a little and I sold it. Nothing wrong with taking a profit and it was a 27% profit.

Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	YTD 2011
$5.41	$698.41	$163.29	$248.52	$836.47	$0.00	$0.00	$198.50	$1256.47

Back from Vacation

Ok I left on vacation on May 12th and returned June 8th and I got cleaned out of my recent purchases. 4 losers and 2 winners and once again, my winners didn’t quite do the job, but I only lost $6 bucks. I do not like losing a dime, so this is still irritating to me. While on vacation, I learned from the past that I could focus on what needed to be done, so I did not trade while away. Monday June 12th I will be back in the mode and it looks like that mode will be buying puts or going short. The market is swing lower and I do not see it stopping anytime soon.

SFLY - ($51.42)
CSTR - $215.55
LO – $81.18
SHOO – ($99.23)
THOR – ($92.03)
V – ($60.33)

Profit – ($6.23)

 

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$836.47	$0.00	$1454.97

Stock	Entry	Price	Stop	Profit	% Gain
CSTR	$48.48	$54.23	$52.15	$356	12
LO	$108.60	$109.27	$107.55	$15	0
SFLY	$57.65	$58.29	$56.94	$27	1
SHOO	$54.94	$55.75	$53.30	$36	1
THOR	$33.89	$34.21	$32.80	$24	1
V	$80.35	$80.35	$79.05	$0	0
TOTAL	------------	-----------	----------	$458	---------

Back to the fight.

Today I sold SLE for a very small profit and then I bought 5 new stocks with very tight stops right before my vacation. I would be happy with making $30 bucks a piece just in attempt to make a little money and manage losses. I will be managing these positions tightly with the 30 minute chart.

SLE – $37.72

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$830.19	$0.00	$1448.74

Stock	Entry	Price	Stop	Profit	% Gain
CSTR	$48.48	$54.23	$52.15	$356	12
LO	$108.60	$109.27	$107.55	$15	0
SFLY	$57.65	$58.29	$56.94	$27	1
SHOO	$54.94	$55.75	$53.30	$36	1
THOR	$33.89	$34.21	$32.80	$24	1
V	$80.35	$80.35	$79.05	$0	0
TOTAL	------------	-----------	----------	$458	---------

This is why most quit trading!!

This was a tough week for me in the stock market and tough week on my retirement account. I made my worse mistake with SINA in that my mental Stop loss was crossed because of news. Then it made a recovery and I really thought I was good to go. Then May 3rd, bam!, lost $13 bucks a share before I could hit the sell button. That cost me, $465 in one position. That was half of my total loses out of 8 that I sold this week. After the butt wimping, I’m left with 2 positions and a stock market that has left me guessing as of Friday which way it is going to go next. So, when things turn against you and your not sure of direction, you stand down and wait for opportunities. So I will lick my wounds for a few days and do just that.

CVI (272.24)
PDC (100.03)
PRX (23.64)
BIDU (52)
HITK 207.96
ARUN (162.61)
SINA (465.86)
JAZZ .51

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$867.91	$0.00	$1486.46

Stock	Entry	Price	Stop	Profit	% Gain
CSTR	$48.48	$53.52	$46.50	$312	10
SLE	$18.42	$19.28	$18.25	$116	5
TOTAL	------------	-----------	----------	$428	---------