I need some advice. I need some wins soon. My gains are small, my losses are much bigger. I started the week in my new etrade margin account with 2500.00 At the close today it was 2240.00 My confidence is weak.
mostly due to cadx (90.00)
and APWR bought 100 at 17.66 today and closing at 16.81
The rest of my account is allocated:
CLZR 200 @ 3.5285
FRPT 100 @ 4.058
JSDA 100 @ 6.19
ZYNX 300 @ 1.55
Am I allocating my funds incorrectly? Should I be trying to make bigger gains on one or two stocks, or should I be spreading the cash around 5 stocks or so?
I'm missing badly.
I've been bleeding cash since before picking copi at an average .089 which I'm still holding in my Scottrade account and a couple of other slow winners and fast losers and just plain dumb (bad)? luck coming in and out at the wrong time. (NYNY) for example.