Stock Pick for 12/27/12

Stock Name: DORM (Dorman Products Inc)
Action: Short
Entry Price: 36.63

One Way of Finding a Trend Lines

MACD is a great way to find strong support points. Especially MACD on bigger time frames (Monthly Chart) because it gives the trader a very accurate read on strong support points.

Monthly Chart

Here is an Example:

Notice the 4 lines on the chart above. See how at every line the stock reverses itself, creating a support line.

Now look at the MACD indicator, notice how at every reversal point the MACD line is below and pointing up at the Exp Moving Average creating a great signal for support.

This is a great way to find support points to make accurate and consistence trend lines every time. This can be also used for the resistance line just do the opposite (MACD line is above and pointing down at the Exp Moving Average creating a great signal for support).

Weekend Stock Pick For 10/8/12 (Result)

Stock Name: SANM (Sanmina-Sci Corporation)
Action: Buy
Entry Price: 8.13
Exit Price: 7.92
Days Held: 3 days
Result:-0.14
Failed

Weekend Stock Picks For 10/8/12 (Result)

Stock Name: PDCE (PDC Energy, Inc.)
Action: Buy
Entry Price: 32.39 Previous Post
Exit Price: 32.95
Result: +0.56
Success

Weekend Stock Pick For 10/8/12

Stock Name: SANM (Sanmina-Sci Corporation)
Action: Buy
Entry Price: 8.13

Weekend Stock Picks For 10/8/12

Stock Name: PDCE (PDC Energy, Inc.)
Action: Buy
Entry Price: 32.39

After 4 month of trading on this blog, I went back to my previous post to check how the stocks perform in the past 4 months. Even though I had I already sold the stocks.

For my observation, many of the stock I chose on the week of 6/3/12-6/10/12 had gone up in price.  

Previous Date:	Stock Name:	Previous Price:	Today’s Price:	Result:
6/3/12	HSON	3.55	4.60	+1.05
6/3/12	SFLY	25.57	29.55	+3.98
6/4/12	ABTL	3.75	3.87	+0.12
6/5/12	ALLT	25.05	24.81	-0.24
6/5/12	IDCC	25.01	36.85	+11.8
6/5/12	AFCB	14.95	16.50	+1.55
6/5/12	ITIC	51.04	66.44	+15.4
6/5/12	DAVE	10.43	9.83	-0.6
6/6/12	VECO	34.95	29.90	-5.05
6/6/12	PSTI	2.59	3.99	+1.4
6/6/12	APOL	34.81	29.10	-5.71
6/6/12	APA	83.59	85.89	+2.3
6/7/12	PWR	22.27	24.75	+2.48
6/712	PHM	8.90	16.63	+7.73

Paper Trade Weekly Results 10/1 - 10/5

10/2/12 Stock Picks
Stock Name: TRGT (Targacept)
Entry Price: 4.75 Previous Post
Action: Short
Exit Price: 4.58
Result: -0.17
Success

10/3/12 Stock Picks
Stock Name: CTRP (Ctrip.com International)
Entry Price: 17.47 Previous Post
Action: Buy
Exit Price:17.64
Result: +0.17
Success

Stock Name: LORL (Loral Space & Communications Inc)
Entry Price: 72.69 Previous Post
Action: Buy
Exit Price: 73.29
Result: +0.60
Success

This week I succeeded on all my Stock picks. I made a 0.94 gain. I still have one stock (HSON) that I have not sold yet.   

Stock Trading Update

For the last couple of months, I have been sitting on a couple stocks. My plan is to let my strategy play itself out and see if my long term investment strategy works. If my strategy plays out the way I want it to, I will have more confidence in the next batch of stocks I decide to invest in. Lately, the stock market has been bearish and my stocks aren't performing well. These stocks are really testing my patience. I made the mistake of buying stocks that do not have lot of volume, therefore the stocks aren't moving a lot. When the stocks do move they move in the wrong direction. I have created margin for error that allow the stocks to move down. I think my patience is wearing down.

Stock Pick For 10/3/12 (Results)

Stock Name: CTRP (Ctrip.com International)
Entry Price: 17.47
Action: Buy
Exit Price:17.64
Result: +0.17
Success

Stock Name: LORL (Loral Space & Communications Inc)
Entry Price: 72.69
Action: Buy
Exit Price: 73.29
Result: +0.60
Success

Stock Pick For 10/3/12

Stock Name: LORL (Loral Space & Communications Inc)
Entry Price: 72.69
Action: Buy

Stock Pick For 10/3/12

Stock Name: CTRP (Ctrip.com International)
Entry Price: 17.47
Action: Buy

Stock Pick for 10/2/12 (Result)

Stock Name: TRGT (Targacept)
Entry Price: 4.75 
Action: Short
Exit Price: 4.58
Result: -0.17
Success

Stock Pick for 10/2/12

Stock Name: TRGT (Targacept)
Entry Price: 4.75
Action: Short

Stock Trading For 9/19/12 (Result)

Stock Name: KFRC (Kforce.Com Inc)
Action: Short
Entry Price: 12.20 
Exit Price: 11.79
Result: -0.41
Success

Stock Trading For 9/19/12

2 Day Chart

Stock Name: KFRC (Kforce.Com Inc)
Action: Short
Entry Price: 12.20

Stock Pick For 8/6/12

Stock Name: ADES (Ada-es Inc)
Action: Buy
Entry Price: 22.99

Stock Trading For 7/26/12

Stock Name: (Healthcare Services Group Inc)
Action: Short
Entry Price: 21.84

Stock Trading Results

Stock To Trading For 7/20/12 Result Update

Stock Name: ACXM (Acxiom Corp)
Action: Short
Entry Price: 15.98
Exit Price: 15.94
Result: -0.04
Success

Stock Pick For 7/23/12 Result Update

 Stock Name: PDII (Pdi Inc)
Action: Short
Entry Price: 7.67
Exit Price: 7.46
Result: -0.23
Success
 

Stock Pick For 7/23/12

Stock Name: MENT (Mentor Graphics Corp)
Action: Short
Entry Price: 14.90

 Stock Name: 7.67
Action: Short
Entry Price: 7.67

Stock Trading Results

Stock Trading For 7/16/12 Result:

Stock Name: HOFT (Hooker Furniture)
Action: Short
Entry Price: 11.75
Exit Price: 11.66
Result: -0.09
Success

Stock To Trading For 7/20/12 Result 

 Stock Name: ALGN (Align Tech Inc)
Action: Buy
Entry Price: 31.70

Exit Price: 33.46

Results: +1.76

Success

Stock To Trading For 7/20/12

Stock Name: ACXM (Acxiom Corp)
Action: Short
Entry Price: 15.98

 Stock Name: ALGN (Align Tech Inc)
Action: Buy
Entry Price: 31.70

Stock Trading Results for 7/16/12 and 7/17/12

7/16/12
Stock Name: NEWS (Newstar Financial Inc)
Action: Short
Entry Price: 13.26
Exit Price: 13.00
Result: -0.26
Success

7/17/12
Stock Name: ISLE (Isle Of Capris Casino)
Action: Buy
Entry Price: 5.60
Exit Price: 5.72
Result: +0.12
Success

Stock trading for 7/17/12

Stock Name: ISLE (Isle Of Capris Casino)
Action: Buy
Entry Price: 5.60

Stock Trading For 7/16/12

Stock Name: HOFT (Hooker Furniture)
Action: Short
Entry Price: 11.75

Stock Name: NEWS (Newstar Financial Inc)
Action: Short
Entry Price: 13.26

Stock Pick for 7/13/12

Stock Name: OMCL (Omnicell Inc)
Action: Short
Entry Price: 14.48

MAximum Profit Stock Trading For 7/2/12 (Update)

Stock Name: RBCN (Rubicon Technology, Inc. Commo)
Action: Short
Entry price: 10.20
Exit Price: 10.50
Result: +0.30
Failed

Maximum Profit Stock Trading For: 7/10/12 (Results)

Stock Name:UFPT (Ufp Technologies)
Action: Short
Entry Price: 17.56
Exit Price: 17.25
Result: -0.21
Success

Maximum Profit Stock Trading For: 7/10/12

Stock Name:UFPT (Ufp Technologies)
Action: Short
Entry Price: 17.56

 Stock Name: TRIB (Trinity Biotech pic ADR)
Action: Short
Entry Price:12.22

Day trading live 7/2/12 Result

Stock Name: AEIS (Advanced Energy Ind Inc)
Action: Short
Entry Price: 13.74
Exit Price: 13.44
Result: 0.30
Success

Maximum Profit Stock trading For 7/9/12 Results

Stock Name: ENOC (Enermoc Inc)
Action: Buy
Entry Price: 6.91
Exit Price: 6.87
Result: -0.04
FAiled

Maximum Profit Stock trading For 7/912

4 Hour Chart

Stock Name: ENOC (Enermoc Inc)
Action: Buy
Entry Price: 6.91

Maximum Profit Stock Trading for 7/9/12

Stock Name: PROJ (Deltek, Inc)
Action: Short
Entry Price: 11.95

Maximum Profit Stock Trading for 7/2/12 Results Update

Action: Short
Entry Price: 4.06
Exit Price: 3.86
Result:-0.20
Success
Previous Post

Stock Journal Update For 7/2/12

Today was a slow day. Most of my stock picks did not profit by the close of the market. This mean I will be holding on to the stocks until it profit. This sound like bad strategies but it is only a bad strategy if the trader doesn't re-analysis there stock to determine if they want to cut their losses or not. In my case, a lot of the stocks I pick are in situations that allow me to hold on to them for longer periods of time. I prefer to buy in the morning and sell by the end of the trading day. Even if it means that I do not use the full potential of the stock. I rather not take the risk and take whatever profit I can get.