Tomorrow I am going to buy back a few shares of Green Mountain Coffee Roasters Inc. (GMCR). I can buy only a few shares since my buying power went significantly down thanks to my last error in money management, but now I have my trades for free, so I can afford it since no commissions will be charged.
Even with small numbers now I still want to play this game by numbers. Tomorrow I will buy 3 shares of this stock.

Today I bought 3 GMCR @ 70.00 and set my stop loss @ 60.28, which equals 3% risk of the portfolio per this trade, and 13.89% total risk per this trade.

New stock picks this week:

No new picks

Existing & new holdings:

Contribution this week: $0

Starting account value = $1,662.19

Account value = $1,692.93 (without margin)

Buying power = $909.54

[tag]Portfolio Gain/loss[/tag] this week = 1.85%

[tag]Portfolio[/tag] Gain/Loss for JULY 2009 = 2.17%

Portfolio Gain/loss for 2009 = -23.39%

[tag]Annual Return[/tag] (CAGR): -35.87%

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Stay updated with Hello Suckers

New stock picks this week:

Allscripts Misys Healthcare Solutions Inc (MDRX)

Visa (V)

Existing & new holdings:

Contribution this week: $0

Starting account value = $1,657.02

Account value = $1,662.19 (without margin)

Buying power = $909.49

[tag]Portfolio Gain/loss[/tag] this week = 0.31%

[tag]Portfolio[/tag] Gain/Loss for JULY 2009 = 0.31%

Portfolio Gain/loss for 2009 = -24.78%

[tag]Annual Return[/tag] (CAGR): -37.03%

Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

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Well, I am buying back Visa (V) tomorrow. I shall buy 7 shares @ $64.41 and if so, the stop loss will be @ $59.31. I will update this post after the trade opens tomorrow morning.

I have bought Visa:
07/17/2009   09:30:14  Bought 7 V @ 64.25

And set the stop loss at $59.15

The market seems to be bound for reversal. I purchased a new position of Allscripts-Misys Healthcre Solutions Inc (MDRX):

07/15/2009   14:57:57    Bought 19 MDRX @ 15.6794

The stop loss was set at $13.07 which is 3% from the entire portfolio. The total exposure should be $49.71 (16.62%) if the trade turns against me. I adjusted my ATR value a bit which reduces the loss by allowing buying less shares.

New stock picks this week:

No new picks

Existing & new holdings:
No holdings

Contribution this week: $0

Starting account value = $1,742.57

Account value = $1,657.02 (without margin)

Buying power = $1,657.02

[tag]Portfolio Gain/loss[/tag] this week = -4.91%

[tag]Portfolio[/tag] Gain/Loss for JULY 2009 = -4.91%

Portfolio Gain/loss for 2009 = -25.01%

[tag]Annual Return[/tag] (CAGR): -37.23%

Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

Stay updated with Hello Suckers

This morning Synaptics, Inc. (SYNA) was sold on stop loss order.
07/08/2009   09:37:28   Sold 26 SYNA @ 35.0606

The account is 100% cash.