Speculations of a Speculator: Opened PLNR

Thursday, September 18, 2014

Opened PLNR

I opened PLNR after it retraced to the 50day and held 3 days. bought at 4.21. I was not pleased by the fade EOD but the pattern still holds up.

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Rules

I Shall Not:

1. Risk more than 2% of portfolio on any trade

2. Risk have more than 6% of portfolio at any one times.

I shall:

3. recognize that every market moment is unique and trade accordingly

4. Take profits when the market gives them

5. Keep a Dairy of all positions

6. Continue to refine rules.

* represents change in rule theory.

Disclaimer:

This blog is for me. I'm not giving investment advice. I don't care what you do. If you take a position because I do and you have not formed your own thesis you are an idiot and you deserve to lose your money.

Speculations of a Speculator

Education of a Speculator

Thursday, September 18, 2014

Opened PLNR

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