Up & Running Again...
My hard drive died last week... throwing me for a loop. I spent days trying to recover the contents on my drive... and I'm still uncertain as to all I've lost.
Unfortunately, my daily strategy would have worked extremely well these past few days as stocks found new bottoms and then shot up.
Now, I'm up and running again... so, let's take a look at where we stand.
August 10, 2011, I added TOU.TO @ $31.04. It closed today @ $34.34 for a 10.6% gain. I'm adjusting my stop loss to $33.15.
August 11, 2011, I'm choosing MG.TO @ $38.95 with a stop loss @ $38.56. It did not trigger.
For August 16th, I'm choosing LIF.UN.TO @ $33.83 with a stop loss @ $33.49.
UPDATE
So far, I have had 6 stocks up, 2 at even, and 7 losses.. for an overall profit of 14.9%.
If your interested in a more stable approach to trading, consider the weekly model at http://investinthemarkets.com/ where we continue to make consistent returns without the stress that the daily markets may cause some investors. We continue to hold some healthy gains, including one at 35% plus.
See you tomorrow!
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