Market Comments Submitted by Nick at Ambitions as a Stock Trader

By admin | May 26, 2008
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Submitted by My Ambitions as a Trader and Investor

Trade Journal for March-May

This is the trade journal for March through May. It is called this because it mainly deals with positions that were bought from March to May 2008. I have already started listing some of my profits and losses on the last few posts. This will be the continuation of that. Again, I want to reiterate that I have liquidated most of my positions (about 90%). This was done because of the increase in risk in the U.S. markets. Although I may have sold out of a few oil stocks a bit too soon, I’d rather keep a 60% profit rather then let it turn into a 10% loss. I will try to have everything done by tomorrow night. I have to stress the fact that I have been feverishly busy the last few weeks. There has been a lot of extra side work and preparation that has taken up so much of my time. Still, I will try my best to have the results up as soon as I can. For now, enjoy your Memorial day weekend.

Holding: AFAM, HCKT

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