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.

Monday, May 16, 2016

Bit of a Red Day, But Cut Losses $AVP $EBIO $GSAT

After seeing how bad my swings are effecting the position sizes that I can take on other trades I decided to close out $AVP with a loss of 7%. A few reasons that I closed out $AVP vs $PRGN. First, even though I'm likely right and this stock with dip back down and continue on its downward track, I clearly entered the short at the wrong time and have spent the entire ride in the red. It was even a nasty 30% loss at one point. Stupid and it broke the most important rule of cutting losses quickly. The other issue is what the added costs would be. Given that the extra fees would need to be added on for a short swing... this trade would not be realistic in my opinion.
I think a 7% loss it acceptable for such a big mistake.

Now on the other side of the coin is $PRGN which also is a short swing. I probably would have taken profits at this point to limit the fee issue, but the gains are strong here and I think this will break the $1 level pretty soon.

I made two other trades today, $EBIO and $GSAT, one at a small loss and the other at a small gain. I'm happy with both because I stuck to my plans and did well with cutting losses. $GSAT was an attempt at a dip buy with the goal of catching afternoon momentum. The plan and entry was pretty good but the momentum never followed. Cut losses for under 4%.

$EBIO was a buy shortly after a small breakout. My target was 4% to 8% gains and I was able to get just shy of the 4% goal. The trade was a very small position though because of being over extended in $AVP and $PRGN... hence the exit in $AVP.

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