For years I have been chasing the Stock Market, trying to find the “perfect” way to intelligently trade without losing my portfolio, but also not be so out of control where I feel betting the whole dang thing on a Las Vegas roulette table would be better!
I have been chasing this monkey for close to two decades, I have paid a lot of money over the year on training courses, newsletters, books, software, videos, inside tips and the sort. I have had some success, and some losses, but never found that “magic system” that was easy enough for me to understand, and also didn’t require a lot of cash to trade!
But, I’m happy to say today, I believe I have finally found that “magic system” and that will be what I will blog about. 🙂
This is the first installment of blog posts in my new category: Financial / Stock Market Trading and I will document my progress, and perhaps you too can take advantage of what I will experience with Penny Stocks and Small Cap Stocks.
My First Single-Day Success up $227.20 Trading Small Cap Stocks!
Okay, August 1st in mid morning I purchased a penny stock, LQMT and entered at: $0.148 with 7,100 shares – which was the most I was willing to spend, I’m keeping it small, and this is money that is just dedicated for these types of swing trades. By the end of the day, that trade was up to $0.18 (which it closed at) and I was up $227.20!
This one simple trade took me no more than a few minutes, not bad earnings for just maybe 30 minutes total of research putting in a little extra time watching it over the past few days, and reading up on the company.
LQMT is due to announce their earnings on August 6th, and my hunch is that it will be positive, – maybe even more details will come out regarding their relationship with Apple (AAPL). I feel that if I’m right, then I have the potential to really score on this trade.
I have to admit that what I learned from Jason Bond’s Small Cap Trading Techniques contributed partially to my success.
Jason does send out trade alerts of what he has or will purchase – and in truth, he actually traded LQMT last week, however yesterday he alerted some other stocks which were just a little to “rich” for my blood, and my small portfolio, so I stuck with my single trade.
So, to wrap up this first post, I will tell you that my strategy is to start with less than $5,000.00 and see what I can do learning, and over time. Will I crash and burn? Or, will my wife be proud of me when I take her to the Mercedes Dealership and tell her to pick one out, we can afford it now, its just a matter of a few trades! Well, that may be a while off, but I have nothing but time – how about you?
P.S. Here is a little “about” clip from Jason Bond’s website:
About Jason Bond
I made my mark (and my fortune) on Wall Street by spotting opportunities, pouncing and locking in those profits fast. Now, for the first time ever, I’ve decided to share these proven strategies and techniques.
I’m an active swing trader, meaning I normally hold stocks for just a few days or weeks at a time. I love this strategy since I don’t need to be glued to my monitor all day watching every tick of a stock.
What separates me from most of the newsletters you probably have seen is I don’t hide behind “paper trading”. As I alert my subscribers in real time via chat, text and email, I am right there beside you putting my money where my mouth is.
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