Welcome to my blog!

I've worn many hats during my entrepreneurial journey, including writing and creating whiteboard videos, marketing, investor relations (Blurbeo), owning and managing my own vapor pen brand (TouchESubject), servicing the real estate market and other clients as the CEO of Puget Sound Field Inspections, founded CLV Investments LLC, and currently holding a position with Byte Me LLC as a Digital Marketing Consultant.

This blog was originally started as a way for me to track my progress in trading stocks, but it's has since morphed into much more. I now use it as a window into what I'm doing to reach my goal of financial freedom. You're going to see what I'm doing to create multiple streams of income, articles and interviews that are business related or featuring other entrepreneurs, and most importantly you're going to get to know me and hopefully I can inspire you to pursue your own dreams

I'm a very driven individual with a passion for customer service and improving our communities.

Please feel free to connect. I'd love to do business with you.

Wednesday, October 21, 2015

Yeppers $VTL turned into a Loss, but Manageable!

The trade was both a good trade and a bad trade for me. The momentum play with $VTL could have been an easy 10% gainer for me because I hit that within the 1st hour of placing the buy. 

I failed to pull the trigger however and planned on holding through the weekend with my 8% trailing stop in place. I figured that it could breath and do a slight pullback before another leg up.

Here is a breakdown of what I think went wrong and what I think I did right:

1) I really should have taken the 10% to 12% profit as soon as I hit it. Especially since in was into a weekend and I didn't see any hints of new coming news.

2) Holding the ticker over the weekend without news coming out.

3) VTL had already climbed a few days and I was at the tail end of the momentum. 

4) Lot size, with me trading a micro account I need to clear the board and trade only one play a week to maximize my position size and lessen the blow from commissions.

4) I stuck to my 8% trailing stop and limited my losses

My next entry for a trade will be next week likely Tuesday or Wednesday. I'll explain my trading plan in the next post.

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