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, March 16, 2016

It's Okay To Be a Dummy I'm Only Paper Trading

One of the fascinating things about trading is that it isn't a one-size-fits-all type of thing. Some people are better at shorting, longs, day trades, scalps, swings, etc. I'm still finding my home and style within trading and thus far I like the idea of shorting pumps like Tim Sykes because it appears much more reliable than looking for stocks that are going to explode in one secession. But finding shares to short can be an issue, especially with paper trading and trading through TD Ameritrade, because they aren't the best broker for shorting.

The other style I find my self gravitating towards is multi-day swings. I like the idea that you can maximize profits over the course of a few days, you aren't as much at the mercy of the PTD, and if done right the stress level can be quite low.

That said, I have a lot to learn with swings. Last week I tested out a few multi-day swing trades to expand and experiment with trading styles. I've learned that I really need to learn how to find my tickers and ensure that the setups are optimal so that I can enter and exit in the best prices.

Some of the trades are doing better than the others and I've noticed that those with the most struggle to go green are the ones where I entered after a huge run like $NADL and $SDRL vs the more gradual incline like $SKY and $RADA.

All though I closed $RADA today with a pretty nasty loss after I had a crossover on the MACD and it looked like it wasn't going to climb higher in price. I may be proven wrong and it continues higher because the MACD lines are still about the zero line, but we will see.

 $SKY on the other hand has turned into a very nice gainer with 28.06% gains at the EOD today, and if I can perfect my entry and setups the pattern shows that had I entered earlier when the stock first started its move I'd have a gainer of roughly 44.11%!!!

So bottom line is that I'm still learning and I'm going to continue to work on improving my trades both day trades and swings... and if I make a dummy mistake that's okay because I'm paper trading and that allows me to learn from my mistakes without killing my trading capital.

I hope that you find these posts useful and maybe learn from my mistakes as well.

Update on swing trades:

$AVP -8.75%, short with a target of $3 to $3.50.
$GRPN +0.74%, short with a target of $3 to $3.20.
$NADL -20.50%, long goal of 10-20%.
$RJET -1.50%, long, looking to exit as soon as ticker is traded again.
$SDRL -9.85%, long goal of 10-20%.
$SKY +28.06%, long goal of 10-20%
$VCEL -3.35%, long goal of 10-20%

Overall total on investment: -4.15%

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