Hey any one is welcome to view and read what I post in my watch list. It is mostly for my personal use and put what I am thinking down in writing as I slowly learn and grow as a trader. I am a new trader with only a small idea about what I am doing and yes I have bad writing skills. Work a full time job 7:30am to 6pm. So most of my ideas are going to be for a full 24H or 2 to 3 days in time.

When people are greedy you should be scared, When people are scared you should be greedy.

Only doing very basic research at this time. All trade I talk about are paper trades as I am still trying to set up a broker account.

 

Recap for last week

 

Canadian vs US dollar 

Last week it changed from $1.418 to $1.454 with a change of about $0.04. with the start of the year with some big moves. Am hearing people say it may move to $1.50 or more.

 

Major stock exchange indexes

Looking at major indexes for America,Europe,and Asia are all down for the start of the year.

 

Crude oil

closed out below $30 and has been dropping for the last 6 months. As sanctions are lifted from Iran and they put more in to the market the price is going to drop even more.

 

Bitcoin

On Friday had a major drop from around $630 to a low of $515 Canadian with negative news and has bounced to around $570. Which is really annoying as I have been watching the price move for some time and seen it holding at the highs and thought it would get stronger as other markets get weaker. I bought in at $632.50 thinking I could get in before it spikes above the highs. If only I had waited a few more days I could have gotten a much cheaper price. Going to keep holding and I am in for the long run as I do think that the price can go up much higher as time goes on and the system slowly gets stronger. But I could also be wrong and the whole thing is junk only time will tell.

http://www.coindesk.com/ for news

https://bitcoinwisdom.com/ for prices and brokers

 

Stock tickers I was talking about last week

NAII

Tried to short twice and both times the price had hit my cover loss. I ended up with a loss of $2.20 after investing $200 total. After this I was unsure if the price was going to bounce. Looking at the chart now I can seethe price had dropped down from where I was trying to short at $8.45 to close out the day on Friday at $7.34 so I did have the correct idea just the wrong time.

Down $2.20 + commissions

 

SIEN

Got in long on the trade at $6.58 and have a limit sell at $7.00 at this time. Was for the price to go up above $10 or maybe $11 can see the price did have a bit of a fall end of last week. There was good new from a third party that said the implants they make are safe and this could have been why the price had been going up. But with the falling price at the end of last week and a very bearish market going to try and sell out at $7.30 and then wait and see how it moves or see what other news comes out. right now i can see the price is at $7.48

 

With 12 shares if I where to sell out I would be up $12.20 - commissions

 

MEET

Did a short on MEET was up $4.86 - commissions

 

VHC

Got in long at $2.49 and the price move went my way and sold out at $2.97

$2.49/100 = 40 shares       $2.97-$2.49 = $0.48x100 = $48

Im up $48 - commissions

Now that the price has moved up from $2 to $4 and is going to be hitting resistance I would be thinking about shorting. would want to see it break resistance before getting back in

 

XLIT

Was looking at the chart wrong and wanted to short at $1.02 set up a stop loss at $1.05 which would have been hit

down $2.94 + commissions

 

Tickers I am looking at for the start of next week.

First trying to set up an account with IB which I need $10,000 to open and then if I want and need can take money out so I am trading with less and have a bit less risk and loose less need to have $2,000 to hold open a margen account and to short sell. might just keep the $10,000 in the account and use that not sure yet that is my max

So my paper trades will have $10,000 to use at 10% per trade is $1,000 Canadian so do not need to worry about the PDT rule. The 10% is my own rule so I don't blow out on one trade. Not sure if I will only trade on TSX or if I will put money in to US dollar to trade US exchanges as I would take a 40% hit on the exchange rate.

 

basic ideas on my watch list                    Scanner

NAII small bounce                                  HH at $0.11 up 89% shares on hold

SIEN watch                                            APRI at $1.30 up 60%

SGI short                                              LINC at $2.66 up 7.26%

TRIL bounce

WATT bounce

VHC short

 

other watchlists

NXTD    ---    CDRB    -----    MNKD -----

 

Where am I putting my money for monday

Bitcoin

Going long with an open position at $632.50 with 0.777 BC going be holding for the long term or a major spike up.

 

SIEN

At this time I am going long holding an open position at $6.58 with 15 shares. Hoping it will go up but also worried about it coming down. so going to move my limit sell order to $7.40 to lock in profit if it does go down.

 

SGI

http://www.noodls.com/view/B82B4B6499C2C12F3E4C111577343A8A5DCC6333

Does some work with computer chips and had new with a super computer company about 6 days ago. The price has had big moves in the passed and can sit around $12 - $13. Right now it is sitting at $6.90 and do not see any after hours price moves can see some resistance at $7.32 then $8.50 or so. Thinking this can go higher even though there is a bear market

Going long at $6.90 with $1,000 = 145 shares --- sell limit will be at $6.70 risking $29

 

WATT

http://finance.yahoo.com/news/underwriters-laboratories-ul-validates-performance-133000982.html

Has a product that will wirelessly charge your stuff. And had a 3rd party review. The stock price had been slowly dropping all last year. was the first green day after some big drops last week. The price had a tripple top at $8.50 and then dropped through the floor. Dropped below the support at $4.91 but was unable to hold and came back up and closed out at $4.91

Going long at $4.91 with $1,000 = 204 shares  ----- sell limit will be at $4.80 risking $22.44

 

 

Any comments are welcome