09-24-2014 Trading Journal

Market bounced after getting near the 79 MA line.

SPY_Daily

Wasn’t it magical?

Today only two of my stocks in the port provided gains which were enough to offset the losses of the other two.

$LRAD and $IBIO bounced back some while $DMRC sank below $21 again.  $ORBC was more like neutral even though it dropped slightly.

$KNDI did not bounce so I did not add.  I’m only holding a small position.

Thanks to $LRAD and $IBIO, my port gained 0.5% today with YTD losses at -3.2%.

Current holdings:

LRAD, DMRC, ORBC, IBIO, KNDI and 5% cash.

My 2 cents.

From my other account:

I sold all $FITX to cut losses.  It was a disaster holding this stock.  Good grief!  Nevertheless, I was still way ahead from the large gains I made in the beginning of the year trading the cannabis sector.  So, I’m just giving back some gain.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”



Categories: Daily trading Journal

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