Well I'm kicking myself in the ars today because looking back at my trade with $GRNH I can easily say that I should not have made that play. It was too risky, too late, and no real catalyst other than the fact that it is 4/20 today. By the time I was able to trade today and exit, my shares were sitting at $0.0882 giving me a loss greater than 20%
So not only did I know stick to Tim's rules on what to buy, I failed to cut losses quickly. Stupid tax paid in full.
I did however manage to get a decent momentum play today that netted a small gain of $150.
I'm still managing to not go in the red too much with my paper account, but like my cash account on Profit.ly I still have a very random profit/loss graph which I think is largely because I'm still picking random stocks and haven't applied myself as I should... that and I'm still being an idiot and holding losses way longer than I should be.
I'm almost finished with video 3 of the "How to Make Millions" set and will post my footnotes shortly on it.
Update on swing trades:
$AVP -32.36%, short with a target of $3 to $3.50.
$RJET -9.02%, long, looking to exit as soon as ticker is traded again.
$SDRL -9.04%, short goal of 10-20%.
$TRIL +16.53%, Long goal of 10-20%
$TRIL +16.53%, Long goal of 10-20%
$TWTR -0.29%, Long goal of 10-20%
Overall total on investment: -6.18%
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