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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!

Thursday, June 26, 2014

End of Day Update 06-26-14

Well I didn't have the stomach to hold longer on $NIHD. Perhaps if I had a smaller position on the ticker I would still be holding it, but the 20,000 shares cause a nasty dip in my account and I lost my nerve... likely a mistake to bail now that I think back on it as the FOUS pattern is still there. But live and learn. If the stock climbs drastically I can kick my own ass for it.

My little test with $ECRY was a success as well as a couple of others I found through Market Wired. ECRY made a easy 10% gain and was a nice little profit. All of my other positions also went green and ranged from 2% gains to 12% gains today... likely the only reason that my loss in my SW account isn't more!

End of Day Update:

Stock Wars: $98,243.75 -1.16% for a loss of $1,312.50

Penny Stocks 1000: $510.14 -48.99% for a loss of $9.36

Growing the Lincolns the Game: $466.55 -6.69% for a loss of $17.10

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