I've already posted a few stocks I'll be watch tomorrow as a learning exercise but I thought I'd add the watch list from Vin_Trader as well.
I'm thinking I'll be entering a trade sometime later this week once my last trade settles... either a new trade or I'll be closing out the GLUU position for a loss just so I can free up the funds being held up in it. I hate to leave GLUU because I honestly think they're a good company, but it may be wiser to pull out now and lick wounds with the plan to re-enter the trade once we get a touch closer to the Katy Perry game release.
My Watch List:
With Vin's watch list I'm betting on GDP, looks like a strong reversal and good momentum.
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.
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!