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.

Thursday, April 14, 2016

(HTMM) Video 1 Overview

I just finished up watching video one in the "How To Make Millions" dvd and if I were going to write a title for it I'd have to make it,"You're Going to Lose, So Lose Smart." I say that because my main takeaway from this chapter was Tim's #1 rule of CUTTING LOSSES QUICKLY.

I've known that this is Tim's most important rule since he frequently says this in his free Youtube videos but he explained the reasoning behind it very clearly.

A few other key points that I took notes on was that you should have a goal in mind and that this is a journey and that it will take time. Tim's process isn't a get rich quick scheme, it's more of a rinse and repeat type of deal (basically a $1k profit 1k times).

He pointed out that he and his top students win an average 60% to 75% of the time and that you will lose some trades, it's part of the business. Hence cutting losses quickly. Risk management is key.

You should never use a market order and should always use a limit order to ensure that you are getting a good entry/exit point vs paying what ever the feel like giving you (basically).

There is more that I took notes on but I'd hate to say too much. I will share what Tim said were a couple of his sweet spots for trades... NASDAQ / NASDAQ Small Caps, and tickers that are between $2 a share to $10 a share.

Update on swing trades:

Had 3 of my swings go green today with $TRIL hitting my 10% goal. The indicators are still showing a hold so I'm going to hold into tomorrow and see what they do.

$AVP -32.36%, short with a target of $3 to $3.50. 
$RJET -9.02%, long, looking to exit as soon as ticker is traded again.
$SDRL +5.94%, short goal of 10-20%.
$TRIL +10.30%, Long goal of 10-20%
$TWTR +0.46%, Long goal of 10-20% 

Overall total on investment: -4.18%

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