WOW nice entry in BRS

• We were on the spot in our entry in BRS today and now  the price is 13.99 .However, we are not looking for the quick profits, but for steady consistent increase in the portfolio.

EXIT OPK

• We exited OPK at 10.77 trailing stop. Profit 143.07 (3.64%) after 10 days

BRS LONG

• We entered  a new trade in  the US portfolio - BRS. The entry is 13.27

BRS NEW ENTRY LONG US PORTFOLIO

• We are entering a new trade long BRS.(Bristow Group, Inc.)
• Agressive entry is 12.53 conservative entry is 13.27
• Stop price is 12.43
• Target first is 17.35 next target 20.74

OPK TRAILING STOP

• The trailing stop on OPK is 10.77

AMCN long entry

• We entered AMCN as  an agressive trader 3.43 amount of shares 1171

NEW TRADE AMCN LONG

• We are entering a new trade in US portfolio AMCN (AirMedia Group Inc) long 
• Entry aggressive 3.43 Entry conservative is 3.48.
• Stop price is 3.26
• Target first is 4.37 next target is 5.73

US PORTFOLIO UPDATE

• We have now 2 stocks in our portfolio SSNI entry was 13.65 now 13.93 and OPK entry 10.34 now 10.68

REGARDING OUR TARGETS

• We covered UGAZ at 43.80, but it went much higher yesterday to 45.55
• .What we suggest is to trail the price after our target is achieved or to sell half at the target and trail the rest to the higher price or second target if given. (In case of UGAZ it was 49)

UGAZ EXIT AT THE TARGET

• UGAZ sold at 43.80 a bit higher than our target.The profit on the trade is $450.35 inc comm. or 11.35%  Holding time is 7 days.

OPK NEW TRADE LONG

• We are entering a new trade OPK Opko Health, Inc. 
• Entry is 10.34 stop price 9.17 target is 11.51 amount of shares  is 379

AAPL CALL UPDATE

• We have one call on AAPL exp on Feb and its now 11.15% up

ETFC UPDATE

• We exited ETFC at 28.50 what is higher than our min. target. Our profit was $322.30 with comm. what is 8.48% after 21 days.

ETFC EXIT

• We will probably exit at 28.50

GOLD PREDICTION

• There is about a 80% probability that gold will be higher by the end of THE week.

PORTFOLIO WEEKLY UPDATE

• We have 3 open trades in our US portfolio.
• UGAZ entry 39.05 now 41.02  FIRST TARGET 43.18
• ETFC entry 26.14 now 28.10. TARGET MIN 27.17 MAX 30.16 We will probably exit this trade on Monday  depends on the market.
• We also have 1 open AAPL call position in our options portfolio .In our opinion AAPL will go towards 130s
• Portfolio comparison to SPY. Our portfolio is up 5.84% and SPY is down -1.62% since first order on August 5

AAPL CALL

• Our Call in AAPL is AAPL170217C00115000 entry was 6.50 with close today at 6.90 gain with comm is 4.35%.We continue holding it

CANADIAN STOCKS PORTFOLIO

• We are going to open soon a third portfolio that will consist of Canadian stocks.This portfolio will be similar to the US portfolio and will start with  $25.000 Canadian dollars and up to 5 stocks max.

AAPL CALL ENTRY

• AAPL did not come down to our entry  at the open so we changed the strike price to 115 in order to keep our limit to about 500 dollars per trade  and entered at 6.50 at the open now the price of the option is 7.35 ask

AAPL A NEW TRADE FOR THE OPTIONS PORTFOLIO

• We will try to enter a new call trade in AAPL around 110.The call strike price is 110 with expiry Feb 17

OPTIONS PORTFOLIO

• We decided to open a new portfolio of straight option trades.We will invest in stocks that are priced mostly over 50 dollars, with daily average over 1 million  and expiry day in 6-12 month.The options will be  at the money .Each trade will be  around 500 dollars with 30% stop price.The portfolio will include max 3 positions and will start with 2000 dollars.

ENTRY UGAZ

•  We entered UGAZ at 39.05 as aggressive position.The low today was 39.03

UGAZ LONG

• We are entering new position UGAZ (VelocityShares 3x Long Natural Gas ETN).
• Aggressive entry is 39.05 conservative entry is 40.28.
• Stop price is 36.62 and amount of shares is 99
• If entry is 2 positions then cover first one at 43.18 .Full position cover at 49.30

CKH STOPPED OUT

• We were stopped out on CKH (time stop) at eod, been holding CKH  from AUG 25 without change in trailing stop.Our exit price is $58.89. The loss on 64 shares was $-66.62. We are still in ETFC and SSNI

PORTFOLIO MONTHLY UPDATE

• We started our portfolio with $25000 on AUG 5. Our profit in August on closed trades was $1600.66 and loss $347.55. All prices include commission that was $248.75 on all closed trades. We had 11 long trades and 2 short trades.The long trades were 8 winners and 3 losers.The short trades were  all winners. The average win was $160 and the average loss was $116.Trade expectancy is $97 and the average days held is 7.1. SPY went up since Aug 5 0.91% and our portfolio is up 2.35%.We still have 3 stocks in open trades. 2 winners (ETFC and SSNI) and 1 loser(CKH).
• Our regret this month that we were stopped out on KPTI, but we have to stick to our stop price of 1% in order to be successful and consistent in the market where 90% of traders will eventually lose.

VACATION TIME

• We are taking about 10 days vacation, and will be popping in and out to watch the rest of the portfolio of 3 stocks, but there will be no new portfolio entries taken. 
• September is usually a bad month for the markets and esp for S&P 500.
• Thank you for reading our blog.

EXITED AGQ AT THE TARGET

• We had target $50 for ETF AGQ so we exited at this price today