PennyFarmer.com ~ Planting the Seeds of Education and Growing My Pennies: Trades 1 & 2: Loss and Gain

Welcome to my blog!

I've worn many hats during my entrepreneurial journey, including writing and creating whiteboard videos, marketing, investor relations (Blurbeo), owning and managing my own vapor pen brand (TouchESubject), servicing the real estate market and other clients as the CEO of Puget Sound Field Inspections, founded CLV Investments LLC, and currently holding a position with Byte Me LLC as a Digital Marketing Consultant.

This blog was originally started as a way for me to track my progress in trading stocks, but it's has since morphed into much more. I now use it as a window into what I'm doing to reach my goal of financial freedom. You're going to see what I'm doing to create multiple streams of income, articles and interviews that are business related or featuring other entrepreneurs, and most importantly you're going to get to know me and hopefully I can inspire you to pursue your own dreams

I'm a very driven individual with a passion for customer service and improving our communities.

Please feel free to connect. I'd love to do business with you.

Friday, July 11, 2014

Trades 1 & 2: Loss and Gain

I got out of the $WTSL trade with a loss of $0.11 per share that took a healthy chunk out of my trading capital. Of course the very next day the stock climbed to within my original stop target and I could have limited that loss a bit more. I've left a decent note about the trade and what I think went wrong in the ShareBuilder Progress page.

Then today I jumped in to the opening volatility of $DGLY for trade #2. It was some leftover excitement from the Thursday gains and I was able to get a small bit of the morning gains and get out before the stock began to collapse. Probably a dumb thing to do and I think it was more of an emotional trade since I had just had the loss on trade #1.

Going to focus more on swing trades and look at entering something on Monday or Tuesday.

Have a great weekend!