Sold 200 of 300 DE, Bought 100 NMX
Well, the post title pretty much sums it up. I took the quick and easy gains on the DE, selling 100 at $143.51 and another 100 at $144.37. I'll hold the other 100 until it breaks my entry.
Also, taking a tip from Momojuicing, I picked up a little NMX for the swing. I love the daily chart on it so I figured I'd give it a shot. I got 100 at $129.17. A break of $130 would be sweet. As for downside risk, I'd be out if it broke the low of the day, around $126 or so...
So with these transactions, my "swing" account currently has these 3 positions.
100 DE
100 NMX
100 POT
2 comments:
Dino, thanks for sharing your swing trades. I freed up some money today to start some swings as well. I'm losing money chasing pennies by the minute when there are dollars to gain in these swing trades.
-BD
BD,
Yeah, I'm too old and slow for this minute to minute chop right now... some markets (August) with volatility and volume should be traded actively. However, when things are slower, I think the swingers take the cake.
-DT
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