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!

Monday, February 29, 2016

Paper Trade Watch List 02-29: Close Eye on $GLUU $IMMR $SALT

Here's a cut and paste of my watch list for this Monday, its a mix of percent gainers from Friday, earnings winners, and a couple that were percent losers last Friday.

I'm paying special attention on $GLUU, $IMMR, and $SALT.

I'm only planning on entering 2 to 3 paper trades in the morning and maybe 1 or 2 in the afternoon push just to further test using the indicators on timing entries and exits.

Of course, when I go back to trading actual money I will limit my trades to 1 or 2 a week to maximize my position sizing and allowing the time to lapse between trades to avoid free-riding. But as I've mentioned before, I might as well take advantage of multiple paper trades to learn from.

Watch List:

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