Wedn wrapup / summary

Well today was not a great day for the 25k small portfolio, surprisingly. The value of small port is higher today than yesterday, but stopped out of several positions with small profits or breakeven. VXX is down but volatility is expected on that position. New TZA swing was entered 9.06 and 8.96 (right near afternoon low).

It's frustrating to hit the targets, as happened today, but not be able to lock in better profits. The targets were again hit within 1-2 cents.

only daily 2.3% gain on small port, about $596 in profits, or $596 in profits, in large part due to closed swing TZA from yest

The large port did well, due to fact that I can scale in / out easier, and assume more risk.  The small port would do better if I assumed more risk, but I'm not comfortable doing that with such limited capital.  Capital preservation trumps profits.


Will try again tomorrow.

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".