Tuesday, May 01, 2007

April Results

April was a see-saw month to say the least and I drastically underperformed relative to the market. It is the way it goes, I stuck to my method, just had some trades really go against me. I am not going to change a thing, just keep searching for high quality candidates, follow my criteria, and try to bank some profits in May.

May: -$2.18 or -0.75% (3 winners in 8 trades)

**Adjusted P/L due to BRC divy**

May: -$1.05 or -0.30% (4 winners in 8 trades)

I may work on compiling all my 'notes', those sheets I post with trades to see if I can identify common traits in winning trades and/or losing trades. I am not looking to change my method, just tweak it. I know I had a couple trades really roll-over on me as the market did not have many follow-through days (at least in the stocks I picked), so tweaking my stop loss is going to be key.

No candidates for Tuesday the 1st.

For now,
Masterjaz out

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