Monday, February 28, 2011

Sold BRD - $1.62 and RIC $5.54

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I sold a couple of positions today.  This first daily chart is of Brigus Gold Corp (BRD) which I sold today at $1.62 for a quick 5.9% gain.
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Click on any chart to ENLARGE


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My other sale today was of a position I have had for some time in Richmont Mines (RIC) for $5.54.
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My TSI Trading record has been updated.

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2 comments:

  1. silverwoodMarch 1, 2011 at 8:38 AM

    Still can't understand your trading concept. If you would have waited till NY open on 3/1 on BRD you would gotten another 5% on BRD.

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  2. John TownsendMarch 1, 2011 at 9:28 AM

    I had determined a price in advance of the purchase that would yield a gain that I would be satisfied with and that I thought was realistic. That price was reached and the trade closed.....with the profit I anticipated.

    I do not spend any energy worrying about "what could have been". Having confidence in my ability to choose trades that will end up showing a profit is far more important to me than any money left on the table after they conclude.

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