Tuesday, June 18, 2013

Trading update 6/18/2013

It was a good but not great day for me today. As although I locked in some decent gains; it wasn't anywhere close to what I had expected. But at the end of the day a profit is still better than a loss. Here are the trades I closed today:

Stock # of shares Entry Date Exit  Date PnL

QIHU 50 $44.00000 6/14/2013 $47.00000 6/18/2013 $150.000
XRM 250 $9.87760 6/11/2013 $11.01000 6/18/2013 $283.100
XRM 250 $9.87760 6/12/2013 $10.85000 6/18/2013 $243.100
QIHU 50 $44.00000 6/14/2013 $46.75000 6/18/2013 $137.500
SOHU 60 65.420000 6/14/2013 $66.54000 6/18/2013 $67.200
ANGI 100 26.510000 6/17/2013 $26.60000 6/18/2013 $9.000

So basically I sold all the swing positions I came into the day with and booked closed to $900 in gains. 

Near the end of the day, I added a couple swings I'd been eyeing for a few days now:

STOCK # OF SHARES AVG. ENTRY PRICE % OF PORT. CURRENT STOP TARGET
VSAT 100 71.998000 79.42% $71.00 $75.00
TSRX 500 8.650000 47.71% $8.50 $9.25

If these swings work out I'll be very close to achieving my target of growing my account to $10,000 this month. My account at the start of the month was around $7,230 and it currently stands at $9,150. In other words, I'm up about 26.6% for the month and 14.4% since the inception of my account in late April! 

Not bragging but how many traders do know of that are achieving this kind of returns in the current market with a clear strategy and trading plan spelled out nightly?


No comments:

Post a Comment