Thursday, February 9, 2017


I am starting today to try to document as simply as I can my trading strategies. I’ve had a tough road to get to where I can relax and make some money. I have been working at this for over 10 years. All I can say is that you need to be doing this each day and practice various techniques in order to learn. The important thing is to just get started - either paper trading or “really” small trades in order to learn.

 With this said, I primarily try to find undervalued stocks to trade and sell a put on them. I want to be able to trade these in a retirement account and therefore I take a positive slant. I like to trade covered calls in a “upwardly trending” market as well. I cannot afford to sit in front of a terminal all day - yet I would still like to be an active trader. I am setting up my life to be able to trade anywhere at anytime so I may travel and work from a mobile office. I am planning on doing all my trading and analyzing from a tablet. My own history is a good example of what most of us go through. Over the first few years I suffered losses. I read many books, followed many blogs, and watch 1000’s of YouTube videos. Only when I stepped back, looked at the big picture, simplified, and developed my own way of trading did I finally succeed. I tested and practiced this system until I could get some repeatable results. This is my attempt to document my system and to try to educate others - especially young folks on my system. I really enjoy feedback and suggestions for improvement - so your comments are welcome. In the future, I want to share this blog with the investors group in my local area of Williamsburg and VA Beach, Virginia.

No comments: