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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, July 21, 2014

EOD update for 07-21-14 12% REALIZED GAINS

$GLUU shot up at the open and closed with a nice gain of 10% @ 7.47 a share. Even if we see a dip this week prior to ER we will likely see continued gains as their two latest games are doing so well. The only regret I have is not having a bigger position on this one :)

With my 8% trailing stop in place I'm still seeing the climb as the stock grows, and I'm now sitting on 12% realized gains even if GLUU tanked tomorrow.

On the 1 month chart GLUU shows a 73%+ gain... imagine if I had gotten on board at the beginning and was sitting on 65% realized gains! Awesome!

Stay tuned. More to come.

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