250 shares of ZOLT at $31.80 (entry at $32.30) for a $125 loss (1.6%).
500 shares of FUL at $26.14 (entry at $27.22) for a $540 loss (4.1%). I am upset at myself over this trade because I did not pay attention to earnings. I did not even check the earnings schedule. I rarely hold pullback plays into earnings. Bonehead move on my part.
Well, after 24 straight wins, 3 of my last 4 round trip trades have been losers. Luckily, they have been small losses.
I bought 250 shares of TSL at $51.07. This stock has pulled back to the 50 day moving average and has not broke any major trendlines, although the pullback has been fairly hard. The stock has reacted well to these types of pullbacks in the past, but I still decided to go with a small position size and will place my stop under the 50 day moving average.
3 comments:
i was beginning to think that you just didnt mention your losers.
glad to see your not perfect.
Take a look at AKS. It has a distinct inverted and ascending scallop that is a bounce up over 60% of the time.
There is not need to "think". I list all of my trades here. You can see when I bought and when I sold, usually with my reasoning for the trade both at entry and exit.
I definately am not perfect.
AKS has been on my radar for quite some time. It's one of the strongest in a strong group.
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