Showing posts with label Rada. Show all posts
Showing posts with label Rada. Show all posts

Monday, September 15, 2014

Stop loss day: Closed EJ, RADA, NEO, JRJC -- Mitigated disaster.

On a day with strong selling especially in the momentum names, it was not a fun day despite having significantly cutting back on my holdings over the last week. Before today, my longest losing streak was 2.  Today I lost on 4 in a row.

So let's begin the Slaughter:

EJ, stopped out at $10.50.  I thought I was smarter than the market and this one winds up being one of my bigger losses on the year.
JRJC:
It broke out of the flag ---- to the downside.  Stopped at $7.90, exit as planned. 

RADA: I  used a mental stop at 3.30-- took my eye off  the ball and saw then saw it at 3.16, where I sold immediatly.

NEO Stop 5.55.  It gave up the breakout I gave up my shares. 



Sunday, September 14, 2014

Opened RADA

On Friday, I opened Rada at 3.76  I anticipated the break from the range, but the anticipated breakout failed.  I probably should have waited until the prior day's high was taken out but nonetheless.  Friday's action was very positive as the sellers were unable to make progress despite broad market selling.  

Stop at 3.30.