Jayron's Stocks Trades 25 August 19

Updated: Sep 1, 2019

Disclaimer: The charts displayed are meant for educational purpose. None of the content contained here constitutes a recommendation to make any investment. I am not responsible for any loss arising from any investment based on any information contained here. Readers are expected to perform their own due diligence before venturing in any investments.


Two topics are presented in this article.

  • Updates on closed trades last week (19 to 23 Aug)

  • Trading opportunities next week (26 to 30 Aug)

Pretty bad week yet again. However to be accountable to you readers and myself, I got to post my losing trades and suck on it. Meanwhile, my psychology is deeply tested in this volatile market where a single tweet by Donald Trump can move the markets. Nevertheless, I am going to keep reviewing my trade journal and improve on it. Can't let short term obstacles obstruct my long term gains.


Last week trading results (closed from 19 to 23 Aug)

Legend

Entry price (cyan horizontal line)

Entry date (white vertical line)

Stop loss price (red horizontal line)

Take profit price (green horizontal line)

Long Stock: BMI

Signal date: End of 26 July 19

Entry price (cyan line): $53.27

Stop loss (red line): $50.99

Preliminary stop loss (for 1st week of entry only): $52.32

Take profit (green line): $57.83

Feedback: Gapped past stop loss at $50.47 (-1.23R)

Long Stock: ALTR

Signal date: End of 16 Aug 19

Entry price (cyan line): $35.10

Stop loss (red line): $33.41

Preliminary stop loss (for 1st week of entry only): $34.18

Take profit (green line): $38.48

Feedback: Hit preliminary stop loss at $34.11 (-0.59R)

Long Stock: GEL

Signal date: End of 16 Aug 19

Entry price (cyan line): $20.77

Stop loss (red line): $19.88

Preliminary stop loss (for 1st week of entry only): $20.28

Take profit (green line): $22.55

Feedback: Hit preliminary stop loss at $20.30 (-0.55R)

Long Stock: LPX

Signal date: End of 16 Aug 19

Entry price (cyan line): $23.13

Stop loss (red line): $21.89

Preliminary stop loss (for 1st week of entry only): $22.45

Take profit (green line): $25.61

Feedback: Hit preliminary stop loss at $22.44 (-0.56R)

Short Stock: CUTR

Signal date: End of 16 Aug 19

Entry price (cyan line): $31.35

Stop loss (red line): $35.86

Preliminary stop loss (for 1st week of entry only): $32.78

Take profit (green line): $20.35

Feedback: Hit preliminary stop loss at $32.93 (-0.31R)


This week's trading opportunities identified

(To enter on 26 August 2019)


Stocks to go long: None

Stocks to go short: ACAD, ACHN, AQUA

Actually there are plenty more downside reversals setup to short in the market, but I decide to only show only those I am entering. Let's be transparent here!




Thanks for viewing. May the markets be with you and me as well (I think I kind of need some reassurance that I still have an edge with my trading methodology). Anyway risk management, risk management and risk management. I know some of you are experiencing some stock market declines, please don't revenge trade. If any try to reduce your position size, don't dollar cost average on a bear market, don't catch a falling life and most importantly, remember that you are staying for the long game.


If you wish to see more similar trades done in the past weeks, click here.

To connect with me via Facebook, click here. Cheers!

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