Position trading stocks

[Chartsy]

Trailing buy limit on NFLX to 157.06, stop 152.15

 

[Chartsy]

Trailing buy limit on NFLX to 157.06, stop 152.15

filled.

Cancelling order on CHKP

NFLX chart attached. same thing again, base breakout. In this case the breakout has already happened and price has pulled back ever so slightly.

 

[Chartsy]

Markets are taking a hiding.

If SNPS ends the week below 72.80, I will close it out. Otherwise the rest of the portfolio is holding just fine .

 

[Chartsy]

Filled on SNPS: strong uptrend , flat base breakout

Stopped out .

-2% so far

 

[Chartsy]

No new setups . Very pivotal week ahead . Hope to see some strength in the markets

 

[Chartsy]

No new setups . Very pivotal week ahead . Hope to see some strength in the markets

Stops moved to breakeven/ entry on all open positions

 

[Chartsy]

no new trades this week. Some very nice setups occurring in the energy sector but I'm already long two of those (AEP XEL)


Edit: placing a buy limit on LMT at 276.8, stop 269.15

 

[Chartsy]

no new trades this week. Some very nice setups occurring in the energy sector but I'm already long two of those (AEP XEL)


Edit: placing a buy limit on LMT at 276.8, stop 269.15

Trailing buy limit on LMT to 278.46 stop 273.9

 

[Chartsy]

Trailing buy limit on LMT to 278.46 stop 273.9

Trailing buy limit down to 277, stop 271.18

 

[Chartsy]

some great moves this week. Some sectors are trending parabolically. The basis of this method is that, under certain market conditions , it's better to buy into momentum rather than trying to time a reversal or pullback which always seems the more comfortable approach .

 

[Chartsy]

Unrealised profit on open positions is running at 7.9% (total unrealised profit of 5.9%)

 

[Chartsy]

Trailing buy limit down to 277, stop 271.18

Cancelling this order : the open gap makes stop placement tricky

 

[Chartsy]

taken out at breakeven on NFLX. Some new trades on banking stocks lined up

 

[Chartsy]

Buy limit Citi (C) 63, stop 60

BK buy limit 49.40 stop 47.40

Will post pics of limit orders filled .

In order to avoid over investment in one sector (eg tech or banking) I am using limit of two stocks per sector

 

[Chartsy]

Filled on buy limit BK at 49.40

 

[Chartsy]

Buy limit trailed on Citi to 63.40 stop 60.50

 

[Jason101]

Subscribed

 

[Chartsy]

New order on IR: buy limit 92.34 stop 87.35. Cancelling Citigroup limit order

Text book flat base breakout with good volume and a preceding uptrend

 

[Chartsy]

New update to my risk profile : I will only have a maximum of four positions open at once , so 4% portfolio risk (assuming a perfect entry and exit of course , which is a big contingency)

 

[Chartsy]

New order on IR: buy limit 92.34 stop 87.35. Cancelling Citigroup limit order

Text book flat base breakout with good volume and a preceding uptrend

Filled at 92.34

Thus portfolio is as follows
Realised gain/loss -2%
Long AEP
Long XEL
Long BK
Long IR
I have 4 open positions so no more trades until these are closed