Sunday, March 04, 2007
Tuesday, February 20, 2007
Small Gainer
After $10 of commisions to Questtrade im left with $14.80, definately better than a loss which I have still not had since all my trades this year.
Wednesday, February 14, 2007
Applebees
I really like Jim Cramers latest quote.
"BUY HIGH, SELL HIGHER"
Lately chasing those rising stocks and selling them higher is working great.
Monday, February 12, 2007
Wish I Had Slept In
If I hadn't woke up for the trading day I would of held this position and made some nice profit like I first expected this trade would.
Lions Gate Films
It had lots of good news with Saw III with great number of ticket sales, and annoucement that the movie will also be out on Blu-ray.
But to my dismay it went down in after hours from 11.19 to 11.00 and that made me want to pull out.
So today morning I put in a sell order at 11.19 and it got filled.. Not sure how that works.
Friday, February 09, 2007
Sold Selectica
Didn't stick to my word like I posted last night. Decided to put in a limit order at 1.81 instead of 1.80 :-)
Order went through and a total profit of $70, but only $50 after commisions.
So thats 5 trades in a row for profit
Happy I sold because it a high of 1.83 but now went back down to 1.70, would of ended my streak.
Thursday, February 08, 2007
Other Two Holdings
Anyways those were my bad days, where I'd hold stocks for a long time. I'm still holding onto it as I'm waiting for that account to be transferred to QuestTrade. Grhhh hope it goes through fast.
I had bought Broadcom for $45.40 Last March
Today its 34.07
Nortel I bought a while back for 3.46 if memory serves me correctly.
Now after the 10:1 split, it's 29.20, so equivalent to 2.92
Nortel has seen lows of 19.00 (equivalent to 1.90) , which was a 45% loss (CRAZY?!) but now its gone to only a 15% loss.
Will be getting out of these positions quickly.
Selectica, Inc.
In after hours went up to $1.80
1000 shares costs a commision to questrade of $10.00 (1 cent per share) so I had to cover $20 for a profit.
Put in a sell at $1.84 but it fell short of that.
Tommorw morning will wake up early and put in a sell at $1.80 to make a profit or $1.76 to break even.
Wednesday, February 07, 2007
Okay this is Surreal (4 for 4)
This time I bought WSPI (Website Pros Inc.)
Bought at 9.83 (MARKET ordered it)
Reason I market ordered it is because I have placing orders at 1-5 cents below. Mainly lately its been just 1 cent below current price. Then the stock starts moving and I feel like I've missed it and then the regrets start. First i tried to get it at 9.73 when it was 9.74, then it wet up to 9.80 so I placed a market order and it filled it in at 9.83 right away.
Being in the online sector you can pick up general sense of certain companies and how they're doing. Website Pros has some great identities like 1shoppingcart.com etc.
Well after being up already 2% in the day, once I bought it I placed a limit sell order at 10.40. Never be to greedy. The stock shot up much above that all ways to 10.90
Thats 4 straight stock trades I've done for profit using some simple steps mostly picked up Jim Cramer.
- First never hold a position for more than a week
- Do a least one hour research. Now this might seem hard for many people at first. Note that I'm in the middle of midterms right now and still have had enough time to sneak in this research. I researched at around 11:45 and bought close to the end of the bell.
This is one of the great things about not holding a stock for a long period of time, it doesn't strap you to keep researching the stock. Once you have time you start trading again.
So to close it up, for today, theres my net profit. (First field includes commision fees).
