Handgun's journal

Going to start a new journal here -- test out some concepts and see how it goes.

I'm very good at picking off moves for about 5% but I never found the risk/reward for 5% good enough. So now I am only taking trades where the fundamentals are good for a longer term trade.

I'm going to start by buying PG (Procter and Gamble) and HAL (Haliburton)

 

Filled on HAL @ 57.40
Filled on PG @ 55.98

 

And if anyone likes the OTC plays on the side just for fun -- I'm buying some BVOL -- my avg. is 2.05 on that stock

 

I guess no one likes to make money in this forum...

 

End of the week scoreboard for the journal.



HAL +6%
PG +3%
BVOL +15%

 

BVOL +21%


Took 1/3 off the HAL position


Still have the full position in PG

 

I took a small position today in Cendant as well...

 

Hey Handgun. We are Traders here not investors...we measure things in pennies not percents. We also close out our positions at the end of the day not hold them for a week. You are cheating!

 

Nice btw.

Nice positions.

 

profitable is profitable