sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Friday, March 25, 2011

finally was able to get out with a tiny gain of 0.4% for EL. i should have gotten out earlier for a tad more profit but i wanted to follow the same exit strategy no matter how long it took. once things got choppy i should have looked for a quick, small exit at a prior high.

I got a 1% gain with LGND. It was kind of a wacky trade and wasn't in a typical uptrend like im used to. I think it was more vulnerable to a pullback than i thought. I will avoid stuff like this. After LGND i am holding no stocks now, for the first time in a long time.

i looked through a lot of stocks but nothing looked good yet. maybe monday or tuesday i can enter something new.

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