This week is over!

Not a positive week, just losing some cool. Can't complain ! Right now I am holding on CHIP and DNDN. Hope there will be some good news next week! The pressure is on all the time, I need to be more relaxed and calm. Some problems I am having are too quick to buy without research, monitoring too many stocks, bad timing, can't perserve most of the gains. I am improving some what but still need to do better. See you next time!

Losing focus !

Losing patience and focus today, not holding on the stocks. Daytraded DRYS again, no good. I need to calm down, it's hot today. Make lots of mistakes today.

Bought FFHL !

HOKU continued to do well today! Well, I can't complain. I sold BIVN for a small lost. It's not going anywhere because it's being bought. I bought FFHL, it looks like double bottom. BSQR was testing the 50ma again and held, so I should continue to hold it. The markets are on the edge, I would start to look for some short candidates.

BIVN
B:@ 5.789
S:@ 5.611
Why sell it:
-dead money
-fast mover


FFHL
B:@ 6.2999
Why buy it:
- double bottom
- oversold

HOKU was hot !

HOKU was up over 20% today, and I sold it for some profits. Glad didn't sell it early for a lost. I bought BSQR, it's riding the 50ma line nicely. But KONG not doing as nice. Now I am back on track again.

HOKU
B:@ 9.5499
S:@ 11.171,@ 11.111
+17%,16%

BSQR
B:@ 5.9762

Bad week!

I made some mistakes this week! I bought HOKU today and lose over 8% already, chasing hot stock. I am losing some confidence and don't know what to do. I bought mostly low priced stocks again ! I need more patience and better prepared for next week.
I can't continue to trade like that, I need to perform better. 3000 mark seems to be the barrier, every time it gets close to that, it tumbles. I need to get to the next level.

I want to set a new goal of making $2000 or more a month. That means $500 or more a week!

2000 x 5% = 100 x 5 = 500
2000 x 10% = 200 x 2.5 =500

Let's see if I can achieve it!

Sold TBSI @ 25.9606
Cover @ 25.8994

BIVN
B:@ 5.789
Why buy it:
-break out to new high anytime

HOKU
B:@ 9.5499
Why buy it:
-very strong uptrend
-hot stock
-I was thinking it has more momentum

BSQR looking good right now!

Short TBSI !

KONG was not moving so I sold half the position and shorted TBSI.

KONG
B:5.09
S:5.01

TBSI
S:25.96
Why short it:
-TBSI has moved up too fast, it needs a correction
-Volume is getting lower
-short term overbought

Bought KONG !

Giving back all the gains today! CAAS didn't have following up and the markets are not helping. I bought KONG, it showed some buying and held pretty well. I will switch back to more positions if it is not performing. I was not flexible enough and stubborn to buy FFHL and EFUT while CAAS did not perform and back to the ground. That was a mistake and I need to change and learn from that.

KONG
B:5.095

Afternoon spike!

CAAS was up over 5% today, would like to see more action tomorrow. EFUT and FFHL were on fire! It would be great if you got in! I was watching them going up like what the heck is going on, they kept going up and up. That's it for today! Have fun trading!

Bought CAAS

I sold DRYS in this morning, it was strong on the upside. I let this winner into loser. And I sold CSUN this afternoon just before the spike, I can only blame myself. The markets are on fire lately, should hold on to the CSUN longer. Other solar stocks are doing well also. I just want to lock in the profits and find other opportunities. I was attracted to CAAS, It has been weak for months but it looks like it has found some support. I use all the buying power on this, just want to get more aggressive!
I want to find more stocks that would go up 10% in few days like CSUN. BSQR was great also! Still need to learn and improve my skills! Hope next week will be a better week!



CAAS
B:7.19,7.17


DRYS
36.77
37.36
-1.6%
Why cover it:
- strong upside in the morning
- winner into loser


CSUN
B:11.106
S:12.3
+10.7%
Why sell it:
-lock in profits
-find other opportunity

No trades !

I am still holding on the positions. CSUN was up but not as much as some other solar stocks. Let's
see if it will perform better tomorrow. DRYS was very weak but found support. If the markets goes south, it would go lower I guess. Good night! Have fun tomorrow !

Bought CSUN

IMCL
S:37.5
C:36.56
+2.5%
Why cover:
-markets up
-not down as much as I think

CSUN
B:11.11
Why buy it:
-bottom fishing
-other solars are up
-breakout potential


Still holding DRYS, up on low volume!

Shorted IMCL today !

Closed the TRR long position and shorted IMCL.

IMCL
S:37.5
Why short it:
-weak markets
-short term weakness
-patent dispute

FCEL
B:7.44
S:7.13
-4.1%
Mistake:
bought at the high of the day and sold at low of the day!

TRR
B:13.89
S:13.6
-2%
Why close it:
-not moving up
-no patience
-dead money
-low volume

Sold BSQR

BSQR
B:5.51
S:6.45
+17%
Why sell it:
-losing steam
-failed to go higher
-selling pressure
-lock in the profits

FCEL
B:7.34
Why buy it:
-just bought it
-mistake

DRYS
S:36.77
Why short it:
-more downside
-should test the 50ma
-weak markets

BSQR breakout !

Down markets again today. I sold DPTR today to protect myself on the downside. BSQR is great, I will hold on to it. TRR is not doing as nice but will keep it a little bit longer.

DPTR
B:20.47
S:20.49

Holding on !

Markets are down so as my account. I don't want to over react to the downside. I will let the profits run as much as possible. I expect my stocks to run soon!

Up a little bit !

No trading today. DPTR continues to go up and BSQR is trying to make new high. TRR is consolidating a bit at the 13ema. Just let the profits run and cut the loss fast! I am doing fine lately. No major blow anymore! No over trading. I have more confidence now. My account is still positive and I took some cash out already! I want the account to grow at a faster pace into 5 digits in this year. I think it's achievable if I do the right things and keep the gains.

Bought DPTR

DPTR
B:20.47
Why buy it:
-10ma above 20ma
-new uptrend
-MACD turning positive

TRR
B:13.89
Why buy it:
-Strong uptrend
-strong sector
-want something that moves fast

VVUS
B:5.44
S:5.43
-1 reward point
why sell it:
-not moving up
-running out of patience
-looking for other opportunity


RNO
B:5.23
S:5.31
Why sell it:
- down all day
- slow mover
- buyout price uncertain

Reward points:
-1

New month, good start !

Very positive so far for JUNE, BSQR has gone up over 10% already! VVUS and RNO are in positive area. Last month was very busy trying to pick stocks but without much success. I was over trading and was in a rush in decision making.
I would like pick stocks like BSQR and increase the success rate. The goal for this month is the same as the last month since I didn't reach the goal last month. I want to waste less energy on the momentum stocks and focus on doing more technical analysis before buying. I want to have more patience before I buy any stocks. I hope I can continue to learn and improve my skills.
I am looking forward to having a profitable month!