Thread: Learning Never Ends

Several months ago I was in despair. I killed the pity party and began looking for the path of least resistance. Inventions, websites, businesses...none of these were working at the pace I desired....none of these have been abandoned but my focus shifted to something that keeps my attention and that I am passionate about, the ultimate path of least resistance, the stock market. After two years of emotional trading I stumbled upon the information I needed to make successful trades. I will not share that info here other than to say I looked to the east and discovered a 400 year old tried and true 70% accurate method. No method is fool proof but here are the results of my last three trades:

Bought 400 sh. FTR @ $3.56 ($1423)- Sold 400 sh. FTR@ $4.30 for total of $1712.96 +$289.96 up 20%

Bought 22050 GRNH @ $.0157 ($344.94)- Sold 22050 @ $.032 total of $695.05 +$350.07 up 109%

Bought 17000 MJNA @ $.0829 ($1408.64)- Sold 17000 @ $.142 total of $2394.87 +$986.23 up 70%

I risked minimal amounts on these trades but I had the confidence to risk much more and now that I have removed emotion from my trading it won't be long before old Chuferd is in your rear view mirror and closing like a bat out of hell!

I would like to say that I am not a day trader but I will trade out in the short term to take a profit. I am a trend buyer, not trader. I understand the only real thing there is to understand about equity markets which is that institutional money drives prices. I alone do not have the ability to buy or sell 5 million shares at a time but Blackrock and State Farm insurance, among others, do. Institutional money is what I like to call "show me" money. Institutions will very rarely invest in a development stage company because there are no profits but the day the institutions get wind that a company puts it all together and begins selling widgets, they start filing in. So what does that mean to me? There are no less than a hundred websites where you can get free education on investing, I spend 5-6 hours a day absorbing everything I can for free. The free knowledge that is out there is simply mind blowing. Here are the two catch phrases I love most. A rising tide lifts all boats....The trend is your friend. I use the infinite free info to identify future trends and I invest modest amounts. In other words I put my little dingy boats in the water. Will I be correct? I have built a portfolio to hedge my bets. The cornerstones are a utility fund with a proven track record and a heathcare reit right smack dab in the middle of all the aging babyboomers. The speculative plays are in Pbc batteries, rare earths, marijuana, graphite (and/or graphene) and the Powershares Wilderhill Clean Energy fund, the oldest fund in cleantech. I have paid some market tuition also to the tune of a paltry $2000. I learned early on in this thing not to go into business with companies using government grants and I learned about penny stock pump and dump schemes using newsletters. Now, I'm just waiting on the tide!

One more note on investing. I have come to find out that if you are going to try to beat the institutional investors into a stock, you are going to have to beat them by years, not days or weeks. This requires diligent research and great patients along with a healthy dose of risk.