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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 19, 2014

End of Day Update 06/18/14

$ASTI didn't perform like I had wanted but it to but it didn't do anything overly bad either. Guess that's what can happen when you buy into a hold pattern. I still think there is potential for this stock to rise since it is closer to the 52 week low and there seems to be a good amount of volume still. Unfortunately the hold on the positions caused a dip in two of my accounts, SureTrader and Stock Wars. I took large positions with both accounts. Time will tell if the move pays off.

End of Day Update:

SureTrader: $95,843.61 -4.16% for a loss of $5,970.00

Stock Wars: $100,907.75 +0.91% for a loss of $360.00

Penny Stocks 1000: $575.44 -42.46% for a gain of $7.22


Still holding LONG $ASTI in (ST) and (SW)
Still holding LONG $AVEO in (PS1000)

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