Past trades

Now, I look back the trade I made in the past. Let's look at the trades from this year. You will have a overall picture of my performance.

1-1-2007 to 4-1-2007

WINNING TRADES: 5

RNIN +326
PACT +46
TOMO +116
IMOT.OB +190
ACGI +22
AVERAGE GAIN: +116.6


LOSING TRADES: 6

FFHL -47
CYD -45
PNTR -30
HIHO -370
MGEN.OB -20
IAUS.OB -182
NEXA.OB STILL HOLDING
AVERAGE LOST: -115.6

It's almost even, but NEXA.ob is in deep water. I don't know if I still hold it or just take a big lose. I should manage the losing trades better, reduce the amount to less than $100 on a single trade. From above you can see I could lose as little as $20 to $370. That is a very big range. I will go dig a little bit deeper as I look at the position size, stock price, technicals. I only make a winning trade on OTC stock, the others are all losers. That tells me I should stop trading or at least not focus on trading penny stocks.


Note:

- Don't trade OTC stock as often.
- Reduce the losing trades and control the amount lost.