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, March 20, 2015

$NTN Stayed Red & The Diagram Experiment

$NTN Opened red and stayed that way for the day ending with $0.555 -4.31%. On a good note, it continued to bounce around in the consolidation zone of .54 to .56, so at this time I'm not too worried about today's redness. Next week is the earnings week for $NTN with the report due on the 26th. My guess regarding any possible promotions (if one starts) will be Sunday night to early Monday and continuing till Thursday, maybe a dump on Friday or Monday the 30th.

I'm not an expert and have no knowledge of a pending promo campaign, just a gut feeling.

I've also put together a Trading Day Diagram that breaks down the key points of the trading day. I'm planning on going over my trades and marking down the entries and exits. It will I'm curious if there is a pattern regarding when I entered and exited vs wining and loosing. I'll post the results just for fun.

Here's the diagram

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