Archive for the ‘Stock Trading’ Category
Friday, June 25th, 2010
I recently bought some contracts in iShares Silver ETF (SLV) for Jan 2011 @ $19. Why am I now looking into silver, my reasoning behind it is that the stock market at this point may have topped and for the rest of the summer most likely will go down ( as mentioned in last article). In light of this, GOLD and SILVER have an inverse relationship to the stock market, so my speculation is that within the next six months when the stock market goes down the price of silver will be rising. The iShares Silver ETF is currently trading at $18.43, and I am speculating that it will be above $19 by years end.
This is a preview of
Bought Options on iShares – SLV (Silver ETF) – Jan 2011 @ $19
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Read the full post (232 words, 1 image, estimated 56 secs reading time)
Posted in ETF, Option Trading, Stock Trading, Technical Analysis | Comments Off
Wednesday, June 23rd, 2010
The recent run up in the stock market allowed me to close the positions I had in the two stocks that I have been following which were BBD.A-TO and MVIS. This is a relief because I wanted to make sure that I am not holding any stocks from this point forward, until some bargains presents itself.
This is a preview of
Recent Run Up In Market Allowed Me To Close Open Trade Positions
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Read the full post (189 words, 1 image, estimated 45 secs reading time)
Posted in Stock Trading, Technical Analysis, Trading Psychology | 1 Comment »
Saturday, June 12th, 2010
Currently, I am only trading 2 stocks, Microvision (MVIS) and Bombardier (BBD-A.TO), however since I got into the trading positions for these 2 stocks the stock market is having trouble setting a direction.
On the charts it would seem that both stocks have hit a bottom, and all I am looking for is a movement of about $0.15 to $0.18 and I get out….however it seems that the stocks are struggling to even move that little in price action.
Posted in Stock Trading, Technical Analysis, Trading Psychology | Comments Off
Sunday, April 11th, 2010
In DVD 3 of the Tim Sykes PennyStocking trading course, he again goes into details about who he is and how he came to be know as the “Barmitzvah Kid.” He re-iterates the fact that he took his $12,415 Barmitzvah money and turned it into 1.5 million dollars in like 5 years.
Timothy then goes into some detail about some rules he has learned the hard way, and that viewers of DVD 3 of PennyStocking can benefit from these rules which are a result of his mistakes.
This is a preview of
Timothy Sykes – PennyStocking DVD 3 – Trading Rules and More Charting
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Read the full post (421 words, 1 image, estimated 1:41 mins reading time)
Posted in Book and Course Reviews, Stock Trading, Technical Analysis, Trading Psychology, Video Trading Courses | Comments Off
Sunday, February 21st, 2010
I recent moved into a long position on MVIS (Microvision), which is a company that designs and manufactures microscopic projectors called “Pico Projectors” below are the features of their iPhone size device.
Features:
This is a preview of
Recent Bought Shares In MVIS – Microvision – Pico Projector Company
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Read the full post (322 words, 2 images, estimated 1:17 mins reading time)
Posted in Stock Trading, Technical Analysis | 3 Comments »
Sunday, January 10th, 2010
Let me just first say that 2009 was quite a negative and difficult year. Not only did the world economy took a dive, the stock markets were a little hard to play and jobs were disappearing faster than you can sneeze. I’m sure for a lot of people have felt the effects of last years downturn and can relate to what I just wrote.
This is a preview of
Resolutions for Year 2010 – What Does 2010 Bring and What My Goals Are This Year and Good Riddence 2009
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Read the full post (633 words, 1 image, estimated 2:32 mins reading time)
Posted in Debt Management, Internet Business, Stock Trading | 1 Comment »
Wednesday, December 30th, 2009
In the second PennyStocking DVD by Timothy Sykes he continues to go into how he reads or interprets stock charts. Tim walks you through play by play pattern views and shows you what events happened where. Sykes doesn’t like to play penny stocks with messy charts, and he basically tells the viewer to stay away from stocks with messy charts, until they clear up.
He walks you through in-depth looks at these chart patterns:
This is a preview of
Timothy Sykes – PennyStocking DVD 2 – Charting Continued…
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Read the full post (146 words, 1 image, estimated 35 secs reading time)
Posted in Book and Course Reviews, Stock Trading, Technical Analysis, Trading Psychology, Video Trading Courses | Comments Off
Tuesday, November 10th, 2009
Here’s a quick review on DVD #1 of Timothy Sykes PennyStocking DVD Course.
On this first DVD of penny stock trading Timothy goes through the following:
Disclaimer – Tim Sykes quickly describes that the PennyStocking DVD course is just for entertainment and educational purpose. However he goes to mention of course, that he is ultimately not responsible for trading losses.
Posted in Book and Course Reviews, Stock Trading, Technical Analysis, Trading Psychology, Video Trading Courses | 2 Comments »
Monday, October 26th, 2009
Recently I have re-installed Metastock 10 stock charting program on one of my computers running Ubuntu linux. In case you are thinking “Metastock 10 does not run on Linux”, let me clarify…I am running the stock charting program in a VMWare image of Windows XP. The funny thing is a message comes up when I start Metastock that says something like “This program does not run in virtual machines” however, everything seems to work fine.
Posted in Option Trading, Stock Trading, Technical Analysis, Technology | Comments Off
Tuesday, September 22nd, 2009
If you haven’t heard of Timothy Sykes he is a young lad that became famous when he turned his barmitzva money of $12,000 some odd dollars to like 1.8 million dollars in like 5 years.
This is a preview of
Got My Hands On “PennyStocking” DVD set by Timothy Sykes – Will Be Doing Review On It
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Read the full post (134 words, 1 image, estimated 32 secs reading time)
Posted in Book and Course Reviews, Stock Trading, Technical Analysis, Videos | Comments Off
Monday, September 21st, 2009
The recent stock market run up has seen the Dow Jones Industrial index go up from July at 8200 to currently 9800 points and the Nasdaq on the other hand has gone up from 1750 to 2130 points. That is quite a run for both the DOW and Nasdaq and as we head to the end of September and into October, I thought that I am going to sell now and take the gains in my holdings while I can…as October is traditionally a bad month for stocks.
This is a preview of
Sold My Stocks At Recent Market Highs, Recoup Value – Next Leg Down
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Read the full post (331 words, 1 image, estimated 1:19 mins reading time)
Posted in Stock Trading, Technical Analysis | Comments Off
