You know the old joke about the one bagger or the two bagger?
Well I "bagged" each of 2 separate trading accounts since mid Feb 2012.
Assuming this week will be a gainer, that is 14 of 16 weeks profitable, and a recognized gain of over 100% in each account. That is a good thing. I also focused my web presence on Breakpoint Trades, and Slope of Hope, with a few visits to others, such as Moo's Blue Chip Bulldog. Less reading of silly stuff that doesn't make me money.
100%= "Bagger" One bagged it. And this was while being quite distracted with setting up a new business entity on the "Big Island".
I feel a lot better about trading when money is being made on a consistent basis. 90% of this is using my own methods, and the occasional Breakpoint Trades trade idea. When I have more time to really trade the markets, I will use alot more BPT trade ideas, many of these are thin stocks that require alot of attention, as they can turn on a dime also.
Drop a comment.
how can i learn to trade like you, please help me. thank you
ReplyDeleteRead here, join Breakpoint Trades (use link from my blog it helps), start a trading journal, and get 10,000 hours of experience.
ReplyDeletethanks
ReplyDeleteI think having a GSD or two helps as well ;-)
ReplyDeleteNice work Steveo. What were your top 2 trades of the last five months? How about your worst trade? Just curious.
ReplyDeleteAt least I dont have to waste time thinking about security......LOL
ReplyDeleteNo swing for the fence good ones....lots of solid 3%, 5% a few 8% on some BPT trades...small tickers, don't remember without review.
ReplyDeleteWORST TRADES? Simple, betting the wrong way on Euro and getting stopped out (usually by pips) again and again. Evaporated 40% of one account at one point. scary.