Stock Trades : 23rd June 2014

New Trades

Hitcher and Random status = Defensive (as at June 13th) - All stops now hard and the higher of the two alternatives

Hitcher

Nil

Random

Nil

 Flipper

Nil

 

Closing

Hitcher

Nil

Random

Nil
Flipper

Nil

Open Position of the day

 

BTT - Well this is actually a closed position but it is a good illustration of why trading is simple but not easy.  The day after we take a loss it pops up and gives another buy signal. Does this mean the strategy should be adjusted?  I don't think so!  This is just one of those things that happen.  We have to learn to ignore them and move on because consistency is paramount to profitable trading.

The next question is; would we take the buy signal if the system was currently switched on?  The simple answer is yes if it was the only signal or the best signal of a group at the time.  We can't get personal about stocks - they are not our friends or enemies they just do their thing and we do ours.

All charts courtesy of www.IncredibleCharts.com

Disclaimer
I am not a financial adviser.  These are paper trades.  I am not suggesting you follow these signals.  If you take any action based on my blog you do so at your own risk.