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 18, 2016

Watch List for 05-19

GBSN ~ 110% @ EOD, Long 2k shares. Huge run, looking to ride momentum and sell into AM, target of 5% to 20% gains.

HERO ~ -6% @ EOD, Short 1k shares. 1st red day after multi-day run. Goal is 5% to 10% gains.

XGTI ~ 40% @EOD. Broke out of the $0.11 resistance, looks like possible coming breakout at $0.12. Could run to $0.14.

CSLT ~ 26% @ EOD. Strategic alliance aka merger, break out from $4 resistance. $4.45 is next major resistance.

ALQA ~ 23% @ EOD. Needs to hold the breakout about $1.10.

GEVO ~ 19% @ EOD. Can be a big run if it breaks past $0.45 but if it fades there will be a head and shoulder pattern in the 1hr chart.

ESNC ~ 16% @ EOD. Nice multi-day breakout at the $0.40 resistance, can run.

FIVN ~ 16% @ EOD. Higher priced than I like to trade by a well-known name and it could get media coverage from gamers outlets. Stock has been gaining since Nov. If it breaks the $11 range for new 52wk high it could run much more.

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