Knowing When to Run

Apparently, three of my email trading lessons had a delayed time of reception to my Gmail account. One lesson that I wish I had received earlier is the Average Directional Index. This tool, based on computer analysis and statistics is great indicator of the end of a trend, be it positive or negative. I will refer to this lesson on more than one occasion in the future.(Link here- ADX)

Although today's stocks did relatively well in comparison to the past two days, I am still wary of purchasing before a more positive trend in the general economy arises.

Totals for April 18, 2013:

• Agnico-Eagle Mines (AEM)- Open $31.31 Close $32.31
• Total for 50 shares: $1,615.50 ($64.50 gain)

• BioDelivery Sciences International Inc. (BDSI)- Open $4.86 Close $4.80
• Total for 230 shares: $1,104 ($4.60 loss) *sell if falls below $4.50

• MetroPCS (PCS)- Open $11.05 Close $11.19
• Total for 51 shares: $570.69 (8.67 gain)

• Rambus Inc. (RMBS)- Open $6.82 Close $6.75
• Total for 150 shares: $1,012.50 ($10.50 loss)

• Treasury Bond: $2,000 

April 18th saw a total gain of $58.07. My pocket money remains unchanged at $2,898.78, but any sign of positive movement in the coming days could easily change that. For the time being, all I have to do is be patient with my current holds and sell only if I am in danger of substantial loss such as with Walter Energy. Fortune favors those who wait, but I'd like to make my money back ASAP.