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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Coz who wrote (11163)7/9/1998 1:04:00 AM
From: LastShadow  Respond to of 120523
 
Position Trading Account accounting...

I exited my PXD position this morning assuming the tick was heading down to the sell stop. It didn't go that far (something I didn't bother to check until just now when you posted me). The stock is still technically in the PTA, and I will track it as such until I get the next exit signal. To my chagrin, the net says its still a hold anyway. I was overriding that with Technical Analysis. Obviously that wasn't a good idea, as the stock stabilized before hitting the stop at 23.875.

What I will now place is a Sell stop on PXD at 23.875 = if that doesn't fill tomorrow, I will probably reenter.

I apologize for the this error. Even though I try to post these all as end-of-day trades, I often enter and exit intraday to maximize my personal profit, so the accounting is somewhat guesstimates unless someone posts or emails me with what their fill was. I don't know a better way to handle this, so don't hesitate to point out any errors that show up. Sorry and Thanks.

lastshadow