Wednesday, May 30, 2012

Bagger

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.    

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