Stopped out of TIBX @ 6.94 -114 Bought 10 SHLD @ 144.59 10 SHLD @ 144.11 Bought 200 TASR @ 10.90 200 TASR @ 10.84 I will be watching both of these tomorrow on the open.
Yesterday I sold 20 SHLD 151.30 + 118 Today bought 300 TASR @ 10.66 We will see what happens over the weekend. I was looking for a small bounce back on TASR today to the open. It didn't and I contemplated getting out. It just depends on the stars over the weekend. If there is good press on TASR it will go up. If someone else dies, it will drop to 10. All in all TASR is low and has a good product with no competitors. I will be holding.
On 6/21 I sold 700 TASR @ 11.17 +245. I was out of town and had a limit sell order in and it was filled. I have to love the order as TASR is down again. I will do some more research tonight to find trade opportunities for tomorrow. Happy trading!!!!!!!!!!
On 6/27 I bought 200 TASR @ 10.22 and 200 more @ 10.12. On 6/29 I bought 10 GOOG @ 300.50 and 50 RIG 54.10. I have ben holding as things haven't been looking good for the market as a whole. This week will determine how long I will hold before selling. TASR has had some bad press and has been beaten down lately. I have limit sell orders in on all 3 trades. Once I begin to build up my account size I will go to a max of five positions and try to diversify so I am not stuck in one sector. I am going to diversify now and not buy all into one sector when I have more than one position. I have a buddy at work that really wants me to get into pennies. Don't think I will do that. Too much risk! Maybe I just don't understand how they work. Either way, I need to figure out the regular market before venturing on. I was never able to get Bloomberg, unfortunately. It is not available up here according to the dish rep I talked with. I wonder if their streaming news on the radio is any good?
On 7/5 I sold 50 RIG @ 56.23 + 92.5 On 7/7 I bought 500 DAL @ 3.30 and sold in about 5 minutes @ 3.38 + 26. Some money is better than no money! On 7/7 I also bought 100 INTC @ 26.25. This morning I sold 100 INTC @ 26.95 + 56. Things are going well. I am still holding TASR and GOOG.
Ok, I thought I was going to be some kind of hip hop fast trading person! What happened? I realized sometimes it is fast and sometimes it just takes time for the trade to work out. I am still holding GOOG and TASR. Today I bought 85 SCHL @37.51. We will see what happens. They are the publisher for Harry Potter books. The latest is coming being released Early tomorrow morning. With the following of HP I am looking for a short term bounce up from today's drop. Go SCHL!
Just a thought. Would it make sense to choose better stocks to trade? Ones that are well hidden and not spoken about in the mainstream media? Perhaps this will allow for you to build a better approach. But, knowing that there are individuals that can just about do anything i can see why you would choose the stocks you chose. Like i said...just a thought--you may have already considered this...good luck in your trading
On 7/18/05 I sold SCHL @ 37.56 - 9.75. I had to get out. I had planned on getting up for the open and selling pronto but slept in a little and lost out. On 7/19 I sold my 10 GOOG @ 309.50 +76. Today I bought 200 more TASR @ 9.58. I am watching and waiting. As for why I pick the stocks I do. It is because they go up and down. I don't have a great reason other than for INTC the sector is doing will thus far and should do better in Q3. As for GOOG, same although process. As for TASR. I work with Tasers and they are a great tool. TASR is sometimes a crap shoot, it goes up violently and back down. I am just watching and trying to trade the ranges. If you have any suggestions on other stocks or sectors to look at please tell!