Originally posted by jae16
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The JAE16 Experiment
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Interesting pick. Where did you find it? and the plan to catch the uptrend making the right side of the cup base. Where did you find that strategy?
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Good resolution to keep a public log of your trades! Succes with your investing. Did you check $$$Mr. Market$$$'s method? It is more or less medium term (months).
Regards,
Karel
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The JAE16 Experiment
Ok well, like I have told you guys... I have been trading for about 2 years total... but I took the last 2 years off due to school requirements. Now I am back and I am going to post all the trades I make here and hopefully you guys can critique my trades over the year... I will also post stocks I am watching and think you should watch too.
Well my first trade of the year, which I know is going to be open for bashing, is WIRE which I purchased at 16.10... My thinking is I am hoping to catch an uptrend forming the right hand side of the cup... I am prepared to let it go if it gets much below 15.50 or so... As of the writing of this post it is trading at 16.40... I would obviously like to see them have some stronger earnings... But I'll take what I can get...
I am also watching several stocks from IIC and Ski, as well as a stock called GGB that is forming a triangle pattern....
I'll update this as soon as this is more info! Hope to have a great year!Tags: None
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