Thursday, June 14, 2007

not real-time LIVE trading room journal for 6/14

I added 50 shares of JCG yesterday at $51 which brings the position size to 150. I will keep holding JCG as it started to move in the direction I have anticipated. The trailing stop is now set to $50.50.

CF is doing nicely and as it starts to move to trend I will just follow it with a trailing stop which will be set at $49.

I have used up all my buying power in these two positions so there is not much to do except to let the these trades move to its natural trend. When the time comes, it will also give the signal to get out.


The Market Speculator said...

Nice trades. JCG is one that has been on my list for a while, but never did pull the trigger.

mc said...

Thanks for visiting. I usually just use trade triggers so that I don't have to miss these trades.

YOu have an excellent blog.