Let's take a look at where the portfolio is...
LLL.TO - purchase July 19 @ $58.75 closing today @ $60.42, a 2.9% gain. I'm kept my stop loss @ $58.95 to ensure no losses in this turmoil and it went to $58.93... for a modest 0.3% gain. Disappointing but no loss taken... and capital is protected.
WFE.TO - purchase July 20 @ $7.59 closing today @ $7.93, a 4.5% gain. I'm keeping my stop loss @ $7.87 (it came within 3 cents today)
July 21st I chose MG.TO @ $49.77 with a stop loss @ $49.27. It did not trigger.
For July 22nd, I'm adjusting my order for MG.TO to $49.92 with a stop loss @ $49.42.
UPDATE
So far, I have had five stocks up, one at even, and four losses.. for an overall profit of 8.1%.
If your interested in a more stable approach to trading, consider the weekly model at http://investinthemarkets.com/ where we cashed out (sold) 6 positions last week... 5 of which were at a profit. We continue to hold some healthy gains, including one at 24% plus.
See you tomorrow!
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