ThaGekko
139 posts
msg #128944
- Ignore ThaGekko |
6/5/2016 9:01:31 AM
Starting a new log with a new strategy.
Starting with 5K
6/3/2016 Entered REED with 1570 shares @ $3.18
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ThaGekko
139 posts
msg #128959
- Ignore ThaGekko |
6/6/2016 2:03:39 PM
Exited 3.24... Sorry for the late note but I've been on the golf course all afternoon
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ThaGekko
139 posts
msg #128962
- Ignore ThaGekko |
6/6/2016 9:00:45 PM
Again, sorry for the late post, but I opened a new position while I was waiting to tee off.
New position TTNP 931 shares @ $5.36
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ThaGekko
139 posts
msg #128967
- Ignore ThaGekko |
6/7/2016 9:51:07 AM
looking for an exit of 5.46 - almost hit this morning off the bat
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graftonian
1,089 posts
msg #128970
- Ignore graftonian
modified |
6/7/2016 11:57:29 AM
All good things come to those who wait (and watch). Just saw 5.47 fly by
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Half hour later 5.94, OK, How?
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ThaGekko
139 posts
msg #128972
- Ignore ThaGekko |
6/7/2016 12:48:32 PM
I exited at 5.46 around noon. I'm trading a new strategy and taking my winnings - not holding for more than a day and running to the next one. Yes, TTNP did wind up hitting 5.98 - but I'll take my winnings and find the next popper.
I'll take 2% each day hopefully - some might run higher, others maybe not - but I take my winnings. 2% is my exit strategy - set it and forget it. Great when you're on the golf course!
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graftonian
1,089 posts
msg #128975
- Ignore graftonian
modified |
6/7/2016 2:10:41 PM
Great job, congrats
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I meant to ask, what % of initial 5K is each position?
I have been working with my wifes small IRA, and with conservative position size, the commissions are eating up a good percentage of the profit.
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ThaGekko
139 posts
msg #128978
- Ignore ThaGekko
modified |
6/7/2016 2:33:20 PM
100% goes into each one. Risky, I know - but like you said anything below that you get basically nothing in return.
The issue is trying to get in and out of some of these lower volume stocks.
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I figured that 5K was a good base as 2% gets you ~$100 each day (hopefully) and if it goes against you it isn't too tough to swallow. Plus you can get in and out pretty easy on lower volume stocks.
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ThaGekko
139 posts
msg #128981
- Ignore ThaGekko
modified |
6/7/2016 4:03:58 PM
No play tomorrow for me... too many stocks are riding this wave up. Happy trading to everyone tomorrow!
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ThaGekko
139 posts
msg #129011
- Ignore ThaGekko |
6/8/2016 3:59:07 PM
Entered BPTH @ $2.50
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