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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!

Friday, February 27, 2015

Updates: Resources and E-Trade

My last trade doesn't settle until Monday. But that doesn't mean I'm not busy learning and moving forward.

Here are a few updates that I'd like to share...

As you've likely read, I've been using Vin_Trader's WatchList as a starting point for looking into a stock to trade. I'm now adding a couple other traders into the mix to assist me with conducting my due diligence. ClayTrader's YouTube channel and JumpyStocks.com. Both have some really good charting that you can use for free.

I also just opened an account with E-Trade and will be trading with a small amount in that account starting 03-04-15. I plan on taking advantage of E-Trade's shorting feature and will be shorting stocks with it.

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