Thursday, September 24, 2009

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.

No comments:

Post a Comment