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Welcome to my blog. A lot has changed since I started this thing. I'm now trading live after about a year of paper trading and studying. Originally I had planned on starting part time and slowly growing my account but life has a funny way of changing your plans. I found myself at a crossroads of sorts and quickly realized that I was being given a once in a lifetime opportunity to pursue my goals. I took the leap and I'm not looking back. Follow me here and see the triumphs and the losses.

Updated (08-10-16)

I tend to look for momentum trades that I can hold for anywhere from a few hours to a few days. I usually take positions of $5k to $10k in size to allow larger gains on smaller percentages (it's easier to hit a 1% to 5% gain vs a 10% to 20%+ gainer) and I like to use a trailing stop.

This blog is a way for me to log my progress and to aid me in learning, I hope that you find it useful. Financial freedom isn't given, it is earned. So plant the seeds of education and grow your pennies!

Monday, June 23, 2014

End of Day Update 06-23-14

Finally had a day with some gains. SW stayed green for almost the entire trading day, I did have a couple of picks that I cut loose and one that I really missed on. $FRO shot up early on before I was at the computer and I missed the opportunity. 

I traded only FOUS patterns today and all were in the green at some point. The two I cut loose were ones that went to green then pulled back. Still holding short in the PS1000 account so it saw some losses today. 

End of Day Update:

Stock Wars: $100,336.25 +0.34% for a gain of $92.00

Penny Stocks 1000: $516.38 -48.36% for a loss of $27.56

Going to trade the FOUS pattern again tomorrow.

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