February 2012
5 posts
Trade Review
So far I’ve closed 3 trades this year (not a lot of activity compared to last year since my day job required more of my time). I’ve had to make adjustments particularly in my trading time frame. I’ve extended it so I wouldn’t have to be actively managing as much.
The losing trades:
GERI
GERI was one of the laggards I was looking at. It had a good base and was looking...
GERI
Finally got rid of GERI last friday. It’s not really doing anything at the moment when I was hoping for it to trend upwards after that initial surge to the upside a few weeks back. I closed it out at 2.14, one centavo below my stop.
My trading plan for this week is to monitor:
MBT, BDO, and MER …three of which I want to roll down first before I start picking them up.
For potential...
LCB
Got back from a 5-day vacation in Beijing, city was nice, tour was nice also, food was so-so. Hong Kong and Philippine chinese food (Cantonese) is much better than the ones I ate in in Beijing.
I made sure to rub the belly of a big jade Buddha and to pat the head of a jade Dragon for luck this year. So far so good. I want to go back to China but would like to visit Shanghai.
Sold all of my LCB...
Going tomorrow to Beijing and won’t be able to trade until Wednesday. Hopefully the market doesn’t turn around while I’m out. It really is a good market until it isn’t. Crossing my fingers on this one. Ore was really ripping and shredding today, went as high as 5.90 but selling came in and closed at the low. MA finally showing some muscle.
Portfolio:
January 2012
9 posts
Added ORE and SECB yesterday (why average price went up). Luckily ORE performed like a real horse today and shot up to 5.40-ish. Planning my 3rd buy-in soon.
Nice price action in MA also. Can’t wait for this one to pop. Didn’t do much trading today lots of stuff to do in the office and had to sneak in this update, was being updated by Anjelica (a fellow trader) via twitter. Hoping...
