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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, May 25, 2016

@AirplaneJane is a Loser & You Should Be Too!byPaperAccount

Okay that title is meant to be click bait... @AirplaneJane is not truly a loser, she appears to be the opposite to be honest.
The reason I used that as a title is that why reviewing her trades for this month I noticed a commonality with her losses. The majority of them are less than -1%. I think that is a big deal considering this month so far she has had 35 losing trades!
Basically if your losses don't look like this... You're truly losing.
She does have one big loss, but she explains herself in the exit comments and admits to breaking rules.

ps. Jane, Thanks for being transparent with your trading and a great inspiration to others.
 

Happy Trading
 
Follow me on Twitter @MateoHellion
Follow me on Profit.ly @Alleywolf

Follow me on Profit.ly @PaperAccount

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