Made a little bit today. GPS from 2010 is finally stopped out at breakeven. Complete reversal. Definitely learned a lot in that swing play. I did establish my first swing position for the year in JOE.
B 5.6% position at 22.29
Will give it about 4% stop with a target of 24.50 or so (200dMA)
Other than that had a decent trading day. Kept my focus. Built a pretty big position in ARMH but the idea didn't work out. But I'm okay with that. What I'm trying to accomplish though is to create bigger ideas and to find great risk/reward setups where I can maximize my size. Other key things I need to work on is how active I am with journaling. While we're still fresh in the year, I want to be much more strict in regards to updating my blog as this is a good tool for me to go over my emotions and trades. My personal journal is helpful but I try to keep it objective as possible. Here is my P&L chart for the day. Still no where near my potential. I know that. I just need to be a little bit (or a lot) more aggressive with eliminating my mistakes and getting into more In-Play stocks.
Do you like this article? Share It!
0 comments to " "
Post a Comment