By KP Yang on November 23, 2008
I have done 4 trades so far this month. They are McDonalds, Lorillard, Airtran Holding and Safeway Inc. I think it is about time for me to give an update on their performance so far. Quick summary, I covered back McDonalds with a small profit. Lorillard was stopped due with almost break even price. Finally, I managed to book in a 30% and 20% profit on Airtran Holding and Safeway Inc respectively.
How did I book in profit within such a volatile market condition? Let’s check it out now!
Posted in US Stock Market | Tagged Airtran Holdings, Lorillard, McDonalds, Resistance, Safeway Inc, Trading System, US Stock Market
By KP Yang on November 12, 2008
I closed my McDonalds short position yesterday but the stock kept diving today. Well, am I feel upset why I cover the short so early? Honestly, I do. But, there is always win or loss in stock market trading, still I did made some little money on McDonald, just that not that much. Compared to loss, I am far better
I am still holding on to another 2 short positon now, they are Lorillard & Airtran Holdings. I just checked my portfolio, I have a profit between 7% – 11% and I am still riding on the down trend.
Ok, let’s focus back to today stock market picks. I found another interest stock counter to look at again using the trading system I back tested earlier. I am now doing some forward testing by bring the system to test in the real stock market.
Posted in US Stock Market | Tagged New York Stock Exchange, NYSE, Safeway Inc, Stock Market Picks, Stock Picks