Trade Log - Buy/Sell XRS, Buy SUPN

in stocks •  8 years ago 

 9/15
Bought and Sold XRS for a 1.21% gain

This was a quick day trade.  I set a trailing 1% stop on a strong breakout and netted a decent gain for a day.  I won't do many of these - it is a very different method of trading than my primary system and it's best that I master one approach before dabbling in another.

Bought SUPN at $23.33

Normally I won't buy biotech stocks because I don't have a stomach for the potential events which can be created if there is an issue with a drug or treatment.  However, I just absolutely loved this chart and the fundamentals.  The biotech sector is on fire after a long downtrend and I like what the company is working on - better solutions for diabetics among other treatments.

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