Tuesday July 12, 2011
Probably running up against the largest slump I’ve been in since I can remember. It’s part of trading but it sure isn’t fun.
Yesterday I failed to flip a few stocks successfully in chat and my COOL swing trade saw a 70k bid erased stopping me out there too.
Today I open with the same positions as yesterday.
75k XSNX at $.07, currently $.07, goal $.08-$.10, stop $.06. This was a bid buy.
10k PPRTF at $.60, currently $.59, goal $1.20, stop $.40. This was also a bid buy.
“Bought $5,500 worth of NEOM at 0.0176 yesterday, sold at 0.03 this morning. 70% ($3,850) profit. You rock!”