Trading not Investing $2k to.......

sold 49 shs $HASI @ $49.05.acc @ $2426.97.

 

bought 50 shs $INDO @$46.50

 

sold 50 shs $INDO @$52.00

 

$INDO and $IMPP halted

 

it's now at $57.29

 

$JJN, $MKC, $SHEL, $XME and $SAIC on a tear, to the downside $AAL, $FXI, $KWEB. See you lot at the close.

 

bought 400shs $IMPP @ $6.25

 

sold 400shs $IMPP @ $8.00 accnt now @ $3401.97

 

Thanks T0r some days are good and some so so.

 

I usually don't play names under $10.00 but in the market climate that we are in right now a trader must look at small cap names that will benefit in these conditions.
There is a big squeeze in Nickel @$100K so investigate names correlating in that area for some gains. I have a few names on watch just don't know which one I'm going pull the trigger on. Here are a few $RUN, $ROCC, $KLXE, and $PLM.

 

bought 50shs $INDO @$66.85.

 

stop loss hit. twice suspended. will update later.

 

bought $HAL@ $38.75

 

Today was a total washout for this account due to too many distractions on my part but discipline of the 5% rule took over, having both names showing positive gains before tanking is the part that's most annoying. Acc@$3079.85

 

bought 550 shs $IMPP@$5.35

 

I'm still holding $IMPP I don't think we have seen the end of oil plays plus they agreed to buy 2 mid range tankers worth $31mil....lets get this straight I'm can't investigate this so it could be just a PR stunt to pump this play with caution. Maybe it goes back to $9.00 range I wouldn't count on it, for now I'm in till tomorrow and then out not holding over the week end.

 

sold 500 shs $IMPP @$4.05. Ugly ugly back to the grind.

 

account @ $2025.00... from flying with over 50% gain just to rest with a 1.25% gain. This should not have happened but the basic rule(stop loss 3-5%) was tossed aside hence the account is where it's at.

Moving forward I said the goal is to get this to $10K and then switch to margin/option account that is still the goal. Stay tuned.