Great Mining contracts!

Monday, June 30, 2014

Dealing with a -% in your stock portfolio

Hello,

If you have been holding long like me some of you maybe deep in red too. Dur-ring these times we must remain like a honey badger! honey badgers don't give a f*ck. if you are at a loss of above 100$, I would wait and sell when your at 100$ loss instead of selling for a 1,000$ loss. Unless of course you have a large account unlike my small account size.

On paper trade i managed to make 2.8 million starting with 1mil in 2008. I wish that was real cash but I am working on building a real cash portfolio, And to add to how I deal with losses I have been studying Options Trading.

I am not going to post links here, but I am not talking about Binary Options either. I am talking about real stock options trading. If you are a tech trader like me than you might find Options interesting. So many strategies and maintenance involved but such a powerful tool to help you if utilized properly.

I think a huge part of losing big in options is because traders gung ho in blindly without doing a little research to understand it, of at first glance Options look to complex that they are afraid to get into it.

The goal is not to make a home run on the first hit you cant expect to make 10,000% all the time or at all, but you never know. it could happen I have seen some crazy shit happen in my trade days.

anyhow if you go for smaller gains over time it adds up to more cash flow in the long run. unless you hit mega home runs everyday which most people do not have time for unless they trade at some crazy firm, then go for smaller gains over time or one huge gain in a longer term. 

Imagine if you would have bought 3M "scotch tape makers" stocks ticker MMM in 1964 for 3$ per share 1,000 shares for 3,000$ invested Today would be worth about $143,240.00 return on investment and that's not including the dividends over the years. I am sure during that time frame MMM had deep red days too on the way up to the 100's.

So my point is before you throw those "losers" away. Think about the future of the company and if it's worth losing a potential retirement plan.

Risk Management is the best thing you can do for your self. don't lose all your profits by going into one play, diversify until you build up your account higher.

GL Trading

Friday, June 27, 2014

Long time sorry...

 Hello folks,

 Sorry its been a while since my last Post took a huge hit on my portfolio recently so I did not want to alert anything especially since all of the drama in the OTC with the halts going on.

 So here is a reflection of what I have learned in this -5 digit loss i took this past month. If you are just starting sometimes after a few winners (300%+) in a row you get crazy and start to forget about risk management.

 My mistake was thinking I was unstoppable and it just fueled my aggressive style trading. I recommend if you have less than 10k risk about 10% max of your capital.

just because you have 50% on the line in one holding does not guarantee you a win. I tried listening to too many people and tried emulating these styles without sticking to my plan.

 If i would have adapted these teachings to my strategy I probably would have made more profits cause i was doing well before i let emails get in my head.

 Never again will i play an email alert from someone i do not personally know and trust.

even that does not guarantee a winner but at least you don't buy into a commissioned pump and dump. So I am learning options trading I cant afford to invest into a program so I am teaching myself.

so far not so good but i do see the potential in Options trading.

Like with any type of investment, the strategy will not determine your payout. you have to really analyze options trades, or u could lose a lot very fast just in commission fees alone.

 But a great way to maintain a solid aggressive portfolio that seems to work for me is a well diversified port.

you need to hold on to something too keep you "in the game"...Focus more on Risk Management, Focus Less on Reward.

 in the long run you will build more over time. people that pray usually pray for something their whole life. people that pray then go out and get it, with that bit of creative will goes a long ways.

as for what i am watching these days:

Dollar Range Stocks: $CVRR $AUQ $GFI $PRAN

PennyStocks: $IDN $IDGC $PMCM & $HIMR

these are not listed as intention to promote or as to thought of as investment advice, risk your own cash at your own risk I am not responsible for how the Market moves that just the nature of the beast!

One thing I can suggest is check out: claytrader.com/downloads/robotic-trading/

Arming yourself with the knowledge of how to read charts and knowing price action will help you make wiser "investment" decisions. very easy to understand the way Clay explains it.

Sunday, June 1, 2014

2014 June Watchlist

Watch List: $SKTO, $AEGY, $CPST, $IFON, $T, $HNSS, $IPRU, $ICBU, $DNAX, $DNAD, $GRCU, $BLGA, $REAC, $PGFY, $AGTK