Last week was almost a mirror opposite of the week before... and we continue to make profits. I suspect this week, with all the political posturing in the US, will be volatile and may lead to a sharp rise or fall in the markets, depending on their interpretation of the US political posturing.
WFE.TO - purchase July 20 @ $7.59. I set my stop loss @ $7.87 and it triggered on Friday to close for a quick 3.7% profit.
July 22nd I chose for the 2nd day in a row MG.TO @ $49.92 with a stop loss @ $49.42. It did not trigger.
For July 25th, I'm going with two... only because I can't let go of MG.TO. So, I'm raising my purchase price for MG.TO to $50.11 with a stop loss @ $49.60.
For July 25th, I'm also choosing FSV.TO @ $33.52 with a stop loss @ $33.18.
UPDATE
So far, I have had five stocks up, one at even, and four losses.. for an overall profit of 7.3%.
If your interested in a more stable approach to trading, consider the weekly model at http://investinthemarkets.com/ where we cashed out (sold) 4 positions last week... for an overall profit. We continue to hold some healthy gains, including one at 29% plus.
See you tomorrow!
No comments:
Post a Comment