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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!

Wednesday, August 6, 2014

Monkey See Monkey Do: LSG

With the markets seeming to like the color red recently it isn't all that surprising that Gold has stayed in the green or at least level. Luckily for me, that helps my position in $LSG which has seen some minor gains since I placed the trade. I'm hoping to take profits around the 10% to 20% gains area.

 1 Year Chart: +264.52%
YTD: +126%
6M: +73.85%
3M: +37.80%
1M: +8.65%
5D: -0.88%
1D: +1.80%

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