LAZY DOG Picks

[Deaddog]

Happy Thanksgiving!

thank you

[riverbabe]

Happy Thanksgiving!

[Deaddog]

MCRS:
Buy @ 47.09
Stop = 46.01 Initial Target = 53
Capital at risk = 0.20%
Pullback play

[Deaddog]

ENS:
Stopped out @ 34.57
Loss of 2.98% or 0.26% of capital.
Got away on me a bit; wasn’t paying enough attention to my holdings, busy watching potential trades.

SLG:

Stopped out @ 78.95
Loss of 1.24% or 0.25% of capital.

[Deaddog]

SLG:

Buy @ 79.94
Stop = 78.95 (Under yesterdays low)
Initial Target = 85.50 (last swing high)
Capital at risk = 0.25%

[Deaddog]

IT:
Buy @ 46.13
Stop = 45.13 Initial Target = 49.5

[Deaddog]

It's almost like throwing darts. (Meant in a nice way).

The way it's been going, throwing darts might be an easier way to go.

As long as I control the downside I guess it doesn't matter how I pick my stocks. That's my story and I'm sticking to it.

[Deaddog]

BX:
Starting a position in BX as a breakout play.
On Friday it broke above 14 where it had traded to most of August.
Bought some when it traded above Fridays High @ 14.20
Will continue to add to the position
Stop will be below Fridays Low.
Edit:
Position filled; average cost =14.06
Stop = 13.59 Target = 15.85
Capital @ risk = 0.5%

BX:
Sold @ 14.10
Break-even trade:

I let my emotions get in the way of this trade and I’m not sure which emotions were involved.

It may have been greed, hoping to get more out of the move but was more than likely fear; fear of missing the move. The trade worked well out of the gate and gave me a nice paper profit. It then consolidated, tried to go up and failed. I kept rationalizing to myself that I should give the trade a little more room to work even though the price action showed that the probability of going down was greater than the chance of it going up.

Shoulda, coulda, woulda!!!

Lesson Learned (I hope); It’s only one trade out of many; Follow the plan; Take what the market gives you. Gotta work on my exits.

[riverbabe]

It's almost like throwing darts. (Meant in a nice way).

[Deaddog]

FMC;
Buy @ 55.85
Stop = 54.95 T= 59
Capital at risk = 0.20%

FMC:
Sold @ 55.84
Moved stop to break-even
Break-even trade.

[Deaddog]

AMT:
Buy @ 71.25
Stop = 70 Target = 75
Capital at risk = 0.30%

AMT;
Sold @ 70.68
Loss of 0.8% or 0.15% of capital

ACXM:
Buy @ 18.33
Stop = 17.65 Initial target = 20
Capital at risk = 0.21%

WXS:
Buy @ 70.45
Stop = 69 Initial target = 75.10
Capital at risk = 0.36%

[Deaddog]

SEIC:
Buy @ 21.18
Stop @ 19.65 Target = 25.90
Momentum play along with cup and handle pattern on the weekly chart.
Capital at risk = 0.5%

SEIC:
Sold @ 21.18
Break even trade; Been holding this one for 10 weeks; too long.

[Deaddog]

FMC;
Buy @ 55.85
Stop = 54.95 T= 59
Capital at risk = 0.20%

HAIN:
Buy @ 64.30
Stop = 62.9
Capital at risk = 0.20%

[Deaddog]

For the month of Sept. I completed 25 trades:

8 winners; 2 breakeven; 15 losers.
32% wins: 8% BE: 60% losers

Average loser = 0.33% of capital
Average winner = 0.92% of capital
Risk /reward = 1 to 2.81

Overall gain for the period = 2.42% of capital
If I could do that every month I’d be quite happy.

Over the next quarter I will attempt to reduce the size of my losses. It may mean taking more losses but hopefully the reduced size will make up for the increase in numbers.

[Deaddog]

HAIN:
Stopped out @ 63.40
Loss of 1.1% or 0.02%of capital.
I record this as a break even trade.

CERN:
Hit Target Sold @ 76.10
Gain of 6.21% or 1.11% of capital.