bought 2 blocks of SCHH at 26.25 and 26.21 first thing this morning, 1 to hold and one to flip. thought about turning 1/2 of it this afternoon for a quick 1% scalp but i like the entry price and will wait a bit on the trade.
goals for this account is to spread 20% each in 5 categories at prices i believe will be good long term holds, then with added monies keep same positions but do the in/out 2% scalp with the extra blocks of shares. i've got SCHX (large cap) at currently a 3.5% unrealized gain, SCHF (international) at +8.5%, and now SCHH at +1% daily gain with an extra block to dump for some fast money.
i'm looking to add SCHA (small caps) and SCHP (TIPS treasuries) to round things out but don't like the high prices, just won't buy them here, like gold when it was at $1,000 just don't see it's utility at the price, what do i know?
i want this row of 5 switches in front of me with a base in each one started at a price that provides enough unrealized gains to ride out +/- 5% swings without losing, then pound extra shares on and off for 2% scalps. that's the plan anyway.