purchase penny stocks cheap, forex, purchase stocks, stock purchase, canadian stocks, technical analysis, trading ideas, market analysis, investment blog, investment blog tsx, tsx stocks

TradeForGain.com

let’s discuss important aspects of trading such as discipline, money management, psychology, setups, etc.
May 8th, 2008

Sharp System 1-Trading Summary for 05/08/2008, Gain -7.4%

System has been losing money, mostly because my scanner picked up wrong stocks, the parameters were not right. I also have to include industry information in the picks. Back to the drawing board.

New Positions

Two new positions opened today, EXPO and LFL.

image 2008-05-08 123513-EXPO - Candle 1m15d_1d

image 2008-05-08 123734-LFL - Candle 1m15d_1d 

Closed Positions

image 2008-05-08 123824-PDGI - Candle 1m15d_1d

I’ve made a mistake on this trade because of the scanner. It was not a good entry for the system. Oh well, taking the heat.

image 2008-05-08 123829-HW - Candle 1m15d_1d

Posted in SharpSystem1, trades |

AddThis Social Bookmark Button

This entry was posted on Thursday, May 8th, 2008 at 11:50 am and is filed under SharpSystem1, trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply