Good. Did some house cleaning and moved into RGDX.
December: Gain of $3,815.90 January: Gain of $3,999.13
Should have been double that in Jan, as I had the gains, but again, I'm wasn't aggressive enough. I definitely won't be complacent going forward. Sold both CPRX and CBMX because I had small positions in them and wanted to enter other trades.
Goal for February is $6,052.
I cleaned house of ETRM and ACHN. My trades are normally for 1 day to 2 weeks, or as long as the pattern holds. I didn't follow my rules, so time to get back into trades that do follow my charts and rules. ETRM may still do fine, but the delayed ADCOM is a worry to me and also have seen some talks of offerings. I need to look into that for the future to see when their last offering was and how much $$$ they have.
Watching APPY and IDN, may add early next week. Holding KIPS, looking just fine. Will look to exit IPCI this week.
OPTIONS
I'll transfer some money into my other account and play some options from there soon. I'd like to get some CHTP calls, as well as take out some options on the SDS,QID,TZA,IBB, etc. as hedges on the account.
Covered Calls. Am also looking into trying covered calls as a hedge also.
PORTFOLIO
I also want to play only 5 stocks maximum if possible. More than that and I think its too hard for me to watch close enough not to make mistakes. I also want to add non-bios, only because having nothing but bios is bad for when that sector cycling. Diversify.
Yesterday is gone, Monday will be here soon. Learn and earn.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
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