My $10000 Dollars

Often times people wonder “how do people look for juicy stocks to play?”  I’ve wondered that myself often.  Well now that I know the technical analysis better, I go to a list of very useful sites to give me a quick summary of the potential stock plays. Go to www.stockcharts.com stock scan page Choose from [...]

Today marks the start of my 30 days Timothy Sykes challenge. Some of you probably have heard of him before, but he’s made a name for himself by turning $13G into a million.  Some of you maybe saying “What, is this guy for real?  He can’t be legit.  How can anyone turn $13G into a [...]

Really interesting video on naked short selling. Learn about what happened to the Bear Stern’s fall.

Many people do not realize that ETFs tracks certain indexes (for example UYG tracking financial indexes long) by reflecting the daily % gain or loss of the index. Therefore, the ETF’s gain compounds up or down depending on the behaviors of its index being tracked. For example, if a fictional “ETF Long” fund tracked 2x [...]

Sold my put option this morning for a nice profit. Ended up making a few thousand bucks from this put. However I’m still holding FAZ call option (of course lost its value), which means I am now officially going bear again. Did I make a bad move? Very possible. The bulls are strong. Looking at [...]

Financial ETF Types: XLF -Financial Select Sector SPDR This is your very basic Financial ETFs long (bullish). It tracks some of the major financial stocks such as Goldman Sachs (GS) and Morgan Stanley (MS). This is by far the least volatile financial ETF out of the others I use (outside of the normal volatility we [...]

What is it? Leonardo Fibonacci, a famous mathematician, discovered a relationship now known as “Fibonacci” numbers. It’s a sequence of numbers in which each successive number is the sum of the two previous numbers: 1,1,2,3,5,8,13,21,34,55,89…etc Why does it matter? Well these numbers has a very interesting interrelationships, such as the fact that any given number [...]

My POT put option expired worthless today. A loss of -$1250. Oh well. But you know what, I don’t care because I made some good plays in the last two days that helped me recover any recent losses and much more. I planned, waited patiently in cash and stuck to plan, executed, and now I’ve [...]