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!

Wednesday, February 24, 2016

I Stayed Afloat in the Red Sea: $LLNW $SBLK

Well today was a bit of a surprise with my picks because I was fully prepared to have two small losses. Right at the start it was reported that markets in the EU were in the red and that oil was again the culprit. Naturally our markets were pulled down as well and we started the day with a sea of red.

I also knew that I wasn't going to be able to pay close attention to the trades because I needed to deal with the customer service at Frontier Communications to get our home internet up and running again... yeah, 2 FREAKING HOURS!!!! I'll be nice and not swear on my blog but lets just say that I've lost enough brain cells today because of them that I may vote for Sanders.

The good news however, I now have internet at home and I will be able to test out trading with the Thinkorswim platform. As well as ending the day with two small gains.

$LLNW = 5.26% gains and $35 profits

$SBLK = 1.79% gains and $15 profits

Screenshots and Notes:

No comments:

Post a Comment