Tuesday, August 10, 2010

Trading Journal: DMC (August 9, 2010)

Figure 1: DMC Price Chart
Information:
1st Buy/Sell
Date Bought: 7/19/2010      Buy Price: 18.25
Date Sold: 7/28/2010          Sell Price: 19.00
% Gain: 2.98 %

2nd Buy/Sell
Date Bought: 7/30/2010      Buy Price: 18.68
Date Sold: 8/9/2010            Sell Price: 19.56
% Gain: 3.57 %

Total % Gain: 6.55%

Remarks:
I was able to have a very good entry point for both attempts but unfortunately was not able to exit properly. On the first attempt I exited late while on my second attempt I exited too early. I think I need to improve myself on the way I take profits. Luckily even with some mistakes I was still able to achieve a 6.55% gain. 

No comments:

Post a Comment