Thursday, September 13, 2007

Trading Results

Sold BIDU today for a profit.

BIDU: +$10

Also traded MA, which has become the bane of my trading. I traded it for a loss.

MA: -$2

Yeah, hard to figure how I could lose money on this stock today, but I did. This is a slippery stock for me. I should have taken my advice from earlier regarding this stock:

"It seems like I always get burned when I trade this short term. It was my biggest swing trade winner in ’06. I shouldn’t have sold it. Next time, I will give it a generous stop."

I didn't give it a generous stop. For now, this stock is an avoid for me.

I also entered FXI for a short term swing trade.

No comments: