Sold ALNY for 25.35 which is a gain of +.71% I was actually lucky to escape with a small profit in this one. It was down 12% at one point over the past few days. What makes this strategy work is it identifies times when its highly likely to start bouncing at least some. For this one I just got in a little too early, but at least it all worked out in the end. Total Gain Since Starting Journal: +36.53% Return on Trading Equity so far (ROI): +9.13% 10 winning trades 2 losing trade
It was not time to get out of qgen yet, but it had a nice gap this morning. And with the market seeming fairly shaky, I decided to go ahead and get out. I sold at 19.59 for again of: +5.9% Total Gain Since Starting Journal: +42.43% Return on Trading Equity so far (ROI): +10.6% 11 winning trades 2 losing trade
Will be going long TZIX and UEPS tomorrow morning. I had thought pretty long and hard about if I should open any new positions with the current market climate, but I have faith in my strategy. So lets see what happens.
It has now been two months that I have run this journal. Here is the breakdown of the results... First Month Total Gain: +24.32% First Month ROI: +6.08% 6 winning trades 1 losing trade Second Month Total Gain: +18.11% Second Month ROI: +4.52% 5 winning trades 1 losing trade Combined Total Gain: +42.43% Combined ROI: +10.6% 11 winning trades 2 losing trades
Big gaps in those stocks I was looking to enter this morning. Since today will no doubt be highly volatile, I have not taken a position yet. I will wait for the gaps to fill, or see how the market is towards the end of the day.