About Me

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Here is what this blog is going to be about.  I am a full time physical education teacher and a beginning stock trader.  Since I cannot sit on my computer all day I am using a swing trade strategy.  That means I am looking for 1-4 day hold times with a 5-10% profit.  I set my sell limits and my stop loss every morning to make sure nothing to crazy will happen to my account during the day when I cannot be at my computer.  I look for oversold stocks below $5 but sometimes up to $10.  I do stay away from the OTC and Pinksheet stocks, they are too risky and can get manipulated by pump and dumps.  I have been burned on a pump and dump and it is too much risk for my liking and it is extremely risky.  There are people out there that are really good at find the penny plays and the pump and dumps but that is not me.

One thing I will try to do on a  regular basis is to post my trading ideas at some point the during the night or early morning for the following day’s trading.  I will post entries I have had that day and my exit strategies.

The longer you follow me the more you will get to know me and my strategies for my trades.  Every week I make a point to learn something new about stock trading and better improve my trading strategies.  To be successful you must be able to recognize chart patterns and stocks have historical trends which will trade over and over again.

You can follow me on twitter at @wrsstocks