Banner

Banner
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!

Friday, August 15, 2014

Stop Triggered on LSG: New Game for GLUU is a Hit

Unfortunately $LSG continued to slow and I saw today's dip trigger my 8% trailing stop. It gave me a small 2.62% gain... but with the smaller position size the fee hit me and caused a loss of $7.94. I was hoping for at least a 10% gain before the trigger was pulled but oh well. The stop did it's job and protected me from a larger loss. I may look for a re-entry later but I'm waiting for the GLUU position to finish first. I think my next trade with utilize a full half of my capital to maximize my position size.

-------------------------



Glu Mobile (GLUU) Introduces 'Tap Sports Baseball' App


Glu Mobile (NASDAQ: GLUU) announced the availability of Tap Sports Baseball on the App Store and Google Play. Players assemble and manage their own roster of players, make game-time decisions, and play against Game Center and Facebook friends. Glu has partnered with the Major League Baseball Players Association to include the names and numbers of real-world baseball stars, adding to the realism of the game.
"We are excited to enter the sports genre with an easy to play, highly social experience in Tap Sports Baseball," said Niccolo de Masi, Glu CEO. "Tap Sports Baseball delivers an authentic major league experience through one-touch tap controls, exciting offense-centric gameplay, and through Glu`s agreement with the MLBPA, many of today`s star players."

Other Article from MarketWatch



Lot of talk on the StockTwits forum for GLUU. Sounds like this is a new hit for the company and with some luck we'll see this reflected on the ticker price.

No comments:

Post a Comment