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.

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Thursday, February 25, 2016

Can Losers be Winners? $BPTH $EYES $VRNG

So I went into today's trading day with three tickers on my paper trading watch list, $BPTH, $EYES, and $VRNG.


It took me a little bit to update my Thinkorswim platform (had to reinstall it) so I watched from my mobile app and noted that all three were starting in the red. I waited and did not enter a trade.


But then I saw that $EYES appeared to be bouncing and noted that the candles looked like it was going to recover. So I placed a trade and was in @ $5.98 for 100 shares.


Of course a short time later when the platform was up and running I saw that the indicators didn't support my entry and I exited the trade for a loss of -5.18% and a loss of $31.


I to the platform and checked $VRNG and saw that it was a no go, and moved on.


$BPTH however had an entry trigger and appeared to have potential to run up towards the EOD. I placed a trade and was in at $1.77 for 600 shares. Unfortunately the run never materialized, but I used my indicators perfectly and exited at $1.75 for a loss of only -1.13% at $12.


Comparing these three tickers and the two trades was a great lesson on risk management and using indicators.


$VRNG did run around noon but I was getting ready for work when I saw it and I'm not chasing.


Screenshots and Notes:






 

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