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!

Tuesday, March 15, 2016

$AVP Win & Swings

I made a quick short paper trade today on $AVP and was able to log in a nice little win. The downward momentum wasn't a huge surprise to be since the stock was up after some bs pumping by someone who was actually arrested for it. That plus a negative pr talking about Avon cutting 2,500 positions and recording 60m in charges.

I wouldn't be surprised if this didn't fall further tomorrow or the next couple of days.

Update on swing trades:

$GRPN +2.22%, short with a target of $3 to $3.20.
$NADL -21.75%, long goal of 10-20%.
$RADA -20.64% long goal of 10-20%.
$RJET -1.50%, long, looking to exit as soon as ticker is traded again.
$SDRL -11.82%, long goal of 10-20%.
$SKY +17.15%, long goal of 10-20%
$VCEL -5.86%, long goal of 10-20%

Overall total on investment: -5.47%

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