Saturday, October 6, 2012


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.   

Friday, October 5, 2012

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.

Thursday, October 4, 2012

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

Tuesday, October 2, 2012

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

Monday, October 1, 2012

Stock Pick for 10/2/12

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