RES.V Update

This is why its important to have a plan and then trade the  plan (sell targets) because your gains can disappear fast.

RES.V & GWG.v

I bought 3000 shares at 0.83 of GWG.V today. The pattern looks good, clean break out yesterday with volume and today is the test before it rockets higher ;). It needs to work within a day or so, I don't want this thing fucking hanging around so move it. It's a rare earth stock so I hope it follows REE.

I had to sell this and bank some coin, it hit my target on REE so I sold it with a $324 (7%) profit.

CSI.TO & RES.V

Trying not to get discouraged and taking positions based of signals and triggers. No opinions, just acting on rules. Took 500 shares at 13.85 of RES.V. The real trading for this stock happens on the AMEX under REE and that's what I am watching. Tight stop, it needs to work in a day or two and the danger is that it could be a bear flag!

OMG. This is a real fucking pisser. I thought I'd give it some time after yesterdays advance but what does it do first thing in the morning? Falls off a fucking cliff and of course I had to get out because I wasn't gonna let a winner be a loser so I stopped myself out with a $10 profit and what happens a hour later? It goes all the way back up. WTF!

Stopped Out of MDW.V

Loss $280 (7%) and got stopped out again. This totally fucking sucks, the only  position I have left is my CSI.TO but it's breaking out today so I hope I get a nice fucking run. Frustrated is a understatement ;(

There's no doubt stopping yourself out, having a plan and trading the plan is the way to go but it still sucks when you have a bunch of them in a row. Glad I got stopped out on the bounce yesterday on MAG.TO today's action would have caused a lot more pain.

Stopped Out of MAG.TO

Gsus fuck. Stopped out with a $155 (2.5%) loss. This market is really pissing me off.

Bought MDW.V & MAG.TO

This a 60 min chart of Midway Gold listed on the Amex where it trades over 1.4 million shares today. I am using this chart to buy the Canadian version in my TFSA, looks like a nice breakout.

I bought 2000 shares at 2.00 of Midway Gold today. This is the Canadian listed stock and the volume sucks ass and the chart is not very smooth but I am going by the price action of the 60 min chart of the US listed equity above where it trades over 1.4 million shares.

My 2nd purchase today was 500 shares at 12.66 of Mag Silver. This is a 60 min chart and it give me my buy trigger which is the trendline break, 8/21 aka The Silver Bullet cross and Slo Stoc above 20.  

Stopped Out Of AVR.TO, EPZ.TO, GBN.V

This POS has done nothing. So FU and give me my money.

I almost have to count this as a successful trade because it didn't work and I got the hell outta of dodge fast with a $70 (3%) loss.

Finally had to bail out of AVR.TO with a $410 (8%) loss. Fucking POS, it just never worked right and drifted down after I bought it. Stocks really need to follow through and move up after a TL break, like MAI.TO and DPM.TO.

Bought EPZ.V & CSI.TO

My first purchase this morning was 2000 at 1.95 of EPZ.V

My second purchase today was 500 shares of CSI.TO at 8.41. I think it's a really good risk reward with silver breaking out to new highs today of 42.30 and gold at 1478. Now these stocks have to get going.

Sold CBT.V & MAI.TO

Sold MAI.TO and banked $520 about 9%. I don't like those small candles at the top here. I was looking for a stronger follow through but I have to bank a good trade to get my confidence back. May reenter if it forms a tight flag.

Sold CBT.V today and banked $55 after fees. Maybe I could've played this better and sold some at 0.125 but I was really looking for another break up. But as it drifted down and I had to get out because I am not taking a loss on this one.

Bought AVR.TO & MAI.TO

My first purchase was 2000 shares @ 2.99 of MAI.TO today. The pattern and volume looks amazing and I am looking for a breakout to new all time highs.

My 2nd purchase today was 3000 shares @ 1.67 of AVR.TO. Nice tight bullflag here with good support from the 20/50 MAs that looks like it's curling up. Hoping it will test the 2.08 highs and possibly make new highs.

STOPPED OUT MXY.TO

Stopped out of MXY.TO today with another loss of $230 (6%). This is starting to really suck. I think my pre-emptive strikes are not working in this market. Need to find better setups with the 20/50 flat or pointing a little up. Need to adjust!

Bought MXY.TO

I took a shot at some MXY.TO today with a order on the 50MA. It really needs to stay above the 50MA and make a strong move above the 200MA. My stop is just below the 20MA but I might even sell it before it gets there if I get the willy jillies. 3000 shares at 1.22

Bought GBN.V

Giving GBN.V another stab. 6000 shares @ 0.425 with a stop at 0.39 at most.

Bought CBT.V

Took 15000 shares at 0.105 of CBT.V with The Plan in the chart.

Sold HXD.TO

Whip it, whip it good. Holly whipsaw volatile batman. Stopped out with a $80 (1%) loss.

Bought HXD.TO

This is the daily chart of the XIU.TO, the TSX60. I am shorting the bounce from the trendline break.

Bought 1000 shares @ 8.65 with a stop at 8.59 or sooner. SP, Q's are very weak and I am looking for the TSX to follow. Japan had a earthquake almost a week ago and the tsunami has destroyed the destroyed the nuclear power plants. Radiation is leaking and there are high chances a full meltdown. Best wishes for the Japanese and world, this is serious serious stuff.

Sold HFD.TO

Finally banked a profitable trade. Sold HFD.TO with a $239 (5%) profit. I know write down my plan for every trade and I have to stick to that plan and that's why I sold HFD.TO this morning because it hit my exact target, I would've been pissed off at myself if I didn't because it has pulled back right after 7.30 was hit.

PMT.TO & HFD.TO

Brutal, this is my 6 or 7 straight losing trade. Stopped out of PMT.TO with a $86 (1.5%) loss.

 

 

I took 700 shares at 6.91 of HFD.TO which is the 2x Canadian financials short.

Sold ARZ.TO

I got stopped out of my ARZ.TO with a $132 (2.5%) loss. I am on a losing streak so I've lighten up. Gold hits a new high and gold stocks are going no where but down even. Not good! This market is as choppy as hell on a rollercoaster and I am chop liver.

HED.TO, GBN.V, PMT.TO

I finally capitulated today on HED.TO. I really fucked this trade up and took a beating and loss $1,010 (24%). I had a chance to get out too but my emotions got in the way and I was like a deer in the headlights. It really shows how one bad trade can really ruin your portfolio. So disappointed with myself ;(

The day I took this at 0.47, it basically had to go up because it was at recent support. In hindsight, it did not look good because it was below the 20 & 50 MA. It went down right after I bought it and made new lows and now looks worse. So I waited for the bounce and got the hell outta there at 0.46 with a $80 (2.5%) loss which is a victory in my books.

And finally I took a crack at PMT.TO on this pullback. I bought 1100 @ 4.09 with a stop at 3.95 at most but I'd be outta there if it even touches or closes below the 20 & 50 MAs.