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@wsmarketbell's  Instablog

@wsmarketbell
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The Stock Market is one big Chess Game. Every price movement is either a trap or a blunder. Avoid the traps, exploit the blunders.
My blog:
Catch Me If You Can
View @wsmarketbell's Instablogs on:
  • Catch Me If You Can (10/19)

    Portfolio%

    Cash 45.1

    ST 96.7

    LT 3.3 <Sold 150 shares of SURG, closed Fri 3.37>

    LT Avg/Share = $2.03

    5% Price Movement Forecast within 4 weeks:

    Wk #1 Bullish on AMD: Target 2.85, closed Fri 2.72

    Wk #2 No Forecast

    Wk #3 Bearish Hit on HK Target of 3.39, closed Fri 2.92

    Wk #4 No Forecast

    Reality Check

    Welcome to the real world of Stock Market losses. It happens. The bigger question is "Are you a better trader today than last week?" Review your Strategy. Adjust your Portfolio. Trade for better position.

    Tags: AMD, SURG
    Oct 18 12:30 PM | Link | Comment!
  • Catch Me If You Can (9.0/18)

    Portfolio %:

    Cash 42.2

    ST 45.3

    LT 12.5

    LT Avg/Share = $3.87

    5% Price Movement Forecast within 4 weeks:

    Wk#1 Bearish on HK: Target 3.39, closed Fri 3.57

    Wk#2 No Forecast

    Wk#3 Bullish miss on AXAS: closed Fri 4.87

    Wk#4 Bullish miss on GTAT: closed Fri 11.05

    Wk#5 Bullish hit on ARO: high 3.50 on 10/2

    Wk#6 Bullish miss on NWY: closed Fri 3.04

    Reality Check:

    When forecasting ST price movements, don't try to salvage your mistakes. A hit is a hit and a miss is a miss. A 5% error in price movement direction does not mean you are close, it generally means you stand to lose more money. Avoid rationalizing reentry points, count your losses and move on.

    Tags: HK
    Oct 05 3:41 AM | Link | Comment!
  • Catch Me If You Can (8.0/16)

    Portfolio %:

    Cash - -

    ST 92.9

    LT 7.1

    LT Avg/Share = $2.58

    5% Price Movement Forecast within 4 weeks:

    Wk #1 Bullish on AXAS, closed Fri $5.53

    Wk #2 Bullish miss on GTAT, closed Fri $11.16

    Wk #3 Bullish on ARO, Target $4.39, closed Fri $3.71

    Wk #4 Bullish on NWY, Target $3.45, closed Fri $3.18

    Tags: AXAS
    Sep 22 9:19 AM | Link | Comment!
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