Better to be lucky...
Painful day...But lady luck was on my side (twice). First, yesterday DRS, my current swing trade, got within a penny of my stop loss and I did not flinch. And the stock recovered, so I felt good as I would have sold at the low of the day. Second, the markets were trashed today, but DRS had an amazing bid at $54.10, ten cents above my breakeven point. So I was able to sell this swing for a profit even though I was twice near my stop loss and the markets were tanked. By the way, DRS bombed later in the day, so keeping the stoploss in place was critical to my success. So I sold 5.55468 shares at $54.099.
DRS: +$0.50 or +0.17% (I'll take it given today's action!)
I'll post a watchlist and my February results later (will not be trading tomorrow as I am buying a house!).
Masterjaz out


0 Comments:
Post a Comment
<< Home