July 30, 2018 Trade Ideas
$CX $AUY $MTG $ESV
I was -$2.5k before i began using your tools, now quickly recovered $1k!
Almost every time I meet and have an in-depth conversation with people in my age group, we inevitably end up discussing the challenges that face our generation. The unbelievable burden of student loans, the black-hole of renting instead of owning, and our strategies to get ahead (or break even) and find peace in this crazy world.
This blog is dedicated to discussions, strategies, and tools for personal finance, short-term investing, and self sufficiency. It will act as a repository for everything I have learned since I started studying personal wealth strategies in mid 2012, and will also profile proven strategies of those with far more experience than myself. If you find yourself on a similar journey, I hope the content on this site will help propel you in the right direction.
Chris | @2alive4925
Mainstream financial media is quick to caution against short-term active money management strategies, just as our new 401k provider had done, but my personal experience leads me to question traditional advice.
This is an interview I did several years ago with a fellow trader, whose website is no longer up and running. I thought I’d post it here since it offers insight into my trading journey. We talk about my trading education, struggles, nightly preparation, philosophy, and more.
When I search for the best stocks to buy, I look for three easily identifiable catalysts: a positive reaction to earnings, a high percentage of the float sold short, and a technical breakout.
Any AIR member will attest to a stock’s ability to generate abnormal returns in the sub $20 niche, especially when an earnings catalyst is applied. This became apparent to me as I was introduced to the “penny stock” niche in mid 2012, and I immediately recognized the potential for exponential growth.
I’ve been penny stock trading for more than fifteen years, and in that time, I’ve turned $12,415 of my bar mitzvah money into more than $4.2 million in trading profits. I like to challenge myself, but I’ve already reached my goal of becoming a millionaire. Now, I’m turning my focus to teaching. My new goal …
If your definition of an earnings winner is driven by analyst estimates, then you may be surprised that one of the most bullish indicators for earnings winners is of technical nature. I judge an earnings win by the reaction, not some arbitrary number a random analyst estimated as significant. My decisions to buy, hold, or …
Dude, I just made $700 while sitting in that meeting! I smiled as I looked up from my laptop. My colleague was ecstatic. He bought 3,000 shares of $SMSI at 1.50, and sold at 1.75 within the hour, locking in over 15% in gains. “Nice trade!”, I said. “Earnings season is alive and well!” I […]