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Tuesday, January 19, 2010

Challenge Project Trade: PCBC (VIDEO)

"Opportunities multiply as they are seized." - Sun Tzu, The Art of War

On Monday I said ... "We're about to a point where I think the Challenge Project account could stand another trade" ...

Well ... that didn't take too long did it? I had another trade, and added a few dollars into the Trading account, via a small scalp I just took. I discuss that trade and some thoughts behind it, in the following video ...

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click here to view the entry ...)

As follows is a snapshot of the trade confirmation ...

Monday's deposit is still processing ...

Once again, for emphasis, the main thrust at this stage of the game is not to actively trade this account but rather to use rule no. 2; and to look for the majority of the gain from rule no. 2

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Note: 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 over 13 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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