Stock Market Game Update - September 30, 2009

I have covered the short sale of AFFM. It has reached my profitable exit. I will not be able to provide updates for the rest of the week, so if you are following my trades, make sure you remember the exits. I'll be back next week and will update more frequently for you. Thank you for reading.

Stock Market Game Trades - September 25, 2009

Now that I've exited many of my open positions, I have a lot of new trades to get into. Below are the ticker symbols, and quick descriptions of why I will enter the trade.

DELL - I'll buy this stock because the Stochastic is now below 20, and the RSI has reached a point that the stock has always followed with a rally during its current uptrend. I expect to pay around 15.70 per share, and I intend to sell at about 16.70 for a profit, or 14.50 for a stop.

MFLX - I'll buy this stock because the Stochastic has dropped below 20 and the RSI has reached a previous valley during its recent uptrend. As long as this stock doesn't change its 9-month trend, it should move up. I expect to pay around 28.00 per share, and I intend to sell at about 30.00 for a profit, or 25.50 for a stop.

NRG - I'll buy this stock because both the RSI and Stochastic are reaching previous valleys after about a week of the stock dipping. I expect to pay around 27.00 per share, and I intend to sell at 29.00 for a profit, or 25.00 for a stop.

LCC - I'll buy this stock because it has broken into an uptrend. Both the RSI and Stochastic are forming valleys. And the stock is bouncing off the moving average floor. I expect to pay around 5.00 per share, and I intend to sell at 5.75 for a profit, or 4.00 for a stop.

AM - I'll short this stock because both the RSI and Stochastic are above 80 after huge recent gains. I expect many to take their profits soon and the stock will take a dip. I expect to sell short at around 19.60 per share, and I intend to cover at 18.60 for a profit, or 22.50 for a stop.

AFFM - I'll short this stock because both the RSI and Stochastic are above 80. The last time the RSI reached as high, the stock dipped shortly after. The stock has recently had a large gain, and I expect many to take their profits soon. I expect to sell short at around 5.10 per share, and I intend to cover at 4.60 for a profit or 6.00 for a stop.

HOGS - I'll short this stock because both the RSI and Stochastic are above 80. Huge recent gains means profits will soon be taken and the price will likely dip. I expect to sell short at around 14.50 per share, and I intend to cover at 13.75 for a profit or 16.00 for a stop.

Many of the stocks I plan to buy are based on the current trend. If the trend breaks and the stocks continue to fall, I'll sell at my stop points and take the losses, but will not ride a crash down. However, if the stocks continue their trends, then I should see some profits from the trades. We will see how it works out. Thank you for reading. I'll update immediately if I make any trades during the trading session.

Stock Market Game Update - September 24, 2009

I have covered BTU because the Stochastic and RSI look to be completing a valley and may rise again soon. The stock moved just like I had predicted and earned over 8% profit which is fine with me.
I have covered SWM for the same reason. However, the stock did hit my profitable exit and I did not have a sell order ready. I'll learn from this mistake and place limit orders for my exits to execute if I'm not watching the stock closely.

The next two did not net as much profit, but their indicators are about to valley, and the stocks are currently on an uptrend, so I did not want to be left behind when they take off again. That is why I changed my exits and took a little profit from them. I covered THC and GRMN for only about 3% profit on each.
I'll be doing some research and should post some trades to enter tonight for tomorrow's trading session. Thanks for reading.

September 24, 2009 Stock Market Game Trades

The market surprised me today with its dip. I may have to re-evaluate new exits for some of my short sells. Many of them were sold short on peak points of stocks on an up trend. If they continue to climb, I'll have to take what profits I can rather than wait for the stock to continue to climb. If I exit any stocks tomorrow, I'll update you immediately with a quick explanation of why.

I do not have any new trades ready yet. I was planning to take advantage of the market as it continues to advance higher, but the loss today made me wait a little longer to see where the market is headed.

I believe that the weak dollar and unstable economy may eventually take its toll on the market, and we might see another bad crash. So far, the market has only increases proving me wrong, so I'll try to take advantage of the uptrend but will watch my trades closely with stops in place. Thanks for reading. I'll update you immediately if I made any trades during the trading session.

Stock Market Game Trades - September 22, 2009

Hello, and sorry for the delay. I had some computer problems recently and was unable to update for a few days. Therefore, I did not enter any new trades, nor exit any of my open positions to make sure I don't lose anyone who is following the trades.

I will not enter any new trades today, but will exit if some of my open positions near their exit points. Yesterday I was very tempted to cover a couple shorts and take a 7-8% profit, and today has proven it would have been a good idea.

No trades have been made though, and I will keep you updated immediately should I enter or exit a traded during the trading session. The picture looks a little different than normal. Wall Street Survivor has changed a few things on their website, but don't be confused. Its the same portfolio I've been using the entire time. Thank you for reading.

Stock Market Trade Update - September 18, 2009

I have covered my short of UAUA. Even though it has not quite reached 8.00, it has earned a 10% profit quickly so I'm going to take the profit and free the money up.


I have sold both CREE and INTC as I was suggesting earlier. Both of these stocks have surprised me, and I believe its always best to get out when a stock does something unexpected. I ended up with a small gain and a small loss that about evened each other out on these stocks.


I may be looking to enter a trade by the end of the trading session, but it is very likely that I will wait until next week. Thanks for reading.

Stock Market Game Trades - September 18, 2009

After a nice three day rally, the market has leveled off today. With all of my short open positions I, obviously, am hoping for the market to drop the next few trading sessions, but we'll see how that goes.

I will be watching both INTC and CREE closely and may sell them before they reach one of my previously determined exits. Both have broken the trend on which my initial decisions were concluded. I have sort of a personal rule where, if the stock does something I did not at all expect, be very cautious or get out entirely. I may enforce that rule on those two soon, but at the moment it is too early for me to decide.

As I posted earlier, I exited one trade today, and a few more are nearing exit points both profitable and stop loss exits. I will not enter new trades tomorrow, but will instead watch my open positions for opportunities to exit. Thank you for reading. I'll update immediately if I make any trades during the trading session.