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Monday, July 7, 2008


Challenge Accounts:

Investing Account Balance:
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30

Personal Trading Thoughts: I'm going to wait to 10:20 am as usual. But I have a feeling a small rally might be trying to form on the broad market. We've fallen 50% below support, and the timeframe is about right.

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...

When you start investing? When you start trading? Thus begins the junk spam mail. Today's video discusses this ...

For the love of what's beneficial, please dump most of this garbage. Because that's what it is ... garbage built on 'get rich quick' dreams ...

* * *

Investing Account Balance: $190.83
Stock / Futures Trading Balance: $915.61
Online Savings Balance: $37.30

Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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