Haven't blogged in a while but whoever reads this check out I4U News and their The Tracker online inventory tracking app, either way you could also sign up to win a Nintendo Switch Bundle with Mario Kart from them as well. To tell you the truth I haven't looked at the app yet but plan on doing so when i get some more free time this weekend, then i'll update the post.

 There are a few companies trying to use gleam.io to have giveaways for the nintendo switch. One being I4U News and the other being ThinkGeek. Check them both out!!

https://www.i4u.com/2017/05/122634/tracker-app-i4u-news-app-finds-rare-products-stock-online

Day 13

Where have I been??  I haven't been able to read much, as there has been a lot going on.  But I have glanced at the book a little bit.  I've watched the stock market every day for the last 2 weeks and we've been hit pretty hard with bad news around every corner.  This bank or that one.  The 4 CEO's of the car industry asking for money and their speeches.  Drops of the Averages and Indexes below support lines and hitting 10-11 year lows!  CRAZY stuff!!

Anyone and Everyone who has any money in the market that isn't shorting stock has been losing money, those BUY and HOLD guys, ouch!!  Anyone else who has put money in the market thinking the stock can only go up, its only a short trade anyways, ouch!

If you are smart enough and have the tools and the time you can make money in day trading prob. or again except for today which was a 494 and change upswing rally, you could have made tons of money in shorting in the last 2 weeks.

So back to the book.  I'm slowly getting through the hideous section about fundamental analysis, which is an intro to as part of the getting to know options.  The next chapter is about technical analysis which might have some insightful information I can regurgitate and reorganize on a posting on this site.  But mostly it will be a review of some of the stuff from the last book read.  All and all, its dull stuff, nothing worth noting here, yet. And I'll be back on soon to post some new info as soon as I have some.

The whole posting everyday might not occur now because I'm about to move and take a new job/ or my old seasonal job and i'll be working nonstop everyday and doing other stuff that might take time away from research, reading, posting, etc....everything that has to do with this site....we'll see...

Day 4.5

So I missed posting yesterday, my bad, rough day.  I finally finished the last book and I have slowly moved onto the next one about options.  BIG DAY today in the market, with a huge rally, had anyone participated in it, they could have made a good bit of profit if trading properly.

This is a short post but I hope to have more information soon.  All I know is that if you want some good videos of some one's day trading process go to Alphatrends!  I'm going to try to have more information on my success in understanding options and the craziness there.

I did end up selling some stock today, but only for a tiny profit.  Its not a real profit making stock unless you invest tons of money in it.  I only bought it for its dividend, and Dividend Reinvestment Plan (DRIP).  It's a long term BUY and HOLD stock.  Southern Company.  This company is real reliable with their dividends and is not a very volatile stock.  They deal in Energy in the Southeastern United States, as they own many other energy companies that provide to businesses and homes all across. Look into it if you're interested but don't expect to make a lot of money with it in short term. Instead of getting that 1.66 check every 3 months, perhaps reinvest and maybe 10 years down the line you own more of the stock, and its value has increased, and you can, who knows, make profit later on!

Day 3

Hello again!  I don't have much progress on my reading, I have started Part 4, but I haven't gotten far through it.  I spent a good bit of time from this morning and this afternoon, watching the market and viewing charts and discussion boards to figure out what will go on today, and see what everyone Else's opinion is on the matter. 

The stocks that I have been trading, like everything else, declined today.  It was a great 2 days to be into the shorts and ultra short stocks.  Hindsight is key in trading... that much I know, if not figured out!  So I'm down some money, I don't have any stop points, as I think I'm close to areas (trading ranges)  I think the stocks will see again, so I'm holding on to see the stocks rise before I sell off for cash.  I want cash so I can start making better investments with my money. Diversify a little more, create better strategies for my investments, trading systems, etc, and so on.

I did notice, and I've heard other people say that the Inverse Head and Shoulder formation doesn't look like its going to happen.  I know from investopedia what a Head and Shoulder Pattern is, as well as reading in from my first reading.  When I talk about these patterns, showing up, possibly forming somewhere, I am talking about the current charts of the major indexes, specifically the DJI(Dow Jones Industrial Average) Index.  Since a lot of the stocks that show up in this index appear in other indexes as well, those same index charts have a very similar pattern appearing. 

I'm adding some sites that I like to visit to the bar: Marketwatch and the SEC's answer website.

Day 2

So I'm still reading through Getting Started in Technical Analysis.  I'm just about near part four: trading system guidelines, finishing part three on Trading Systems.  Roughly 40 pages left until the Appendix, which I'm not sure I'll read or not.  Basically the whole part on optimizing and testing trading systems is rather confusing.  I'm going to have to look further into this from other sources.  But it seems to me that Schwager sees optimizing as possibly pointless.

Schawager somewhat says that optimizing trading system parameter sets shouldn't be used and then again should be.  He's almost saying I don't like them and I don't use them, they don't help anyone make money, but if there is someone out there that uses it and has made lots of money, it could possibly work so my word is not the end all of answers, as it shouldn't be anyways.  Sounds like he's covering his own ass in this chapter, but its good to get a background in it, although it gets to be kind of complex and frustrating to pick apart.

I'm trying to finish this book as soon as I can so as to start reading another one.  The next book isn't exactly on technical analysis or day trading to be exact, but can be seen as book on tool that traders have at their disposal, options.  Options can be used easily and can be thought of as simple, and then again, they can be complex and can be used in different ways to hedge against loss or other investments.  I don't fully understand options and all of the different types of options, butterfly spreads and such (I think that's the correct term).  But I hope to fell more confident in understanding options and being able to use them as I start to read the book.  Oh, the book is called "Options made EASY: your guide to profitable trading", by Guy Cohen.

I watched the market most of the day, and watched some more financial news and such on CNBC.  Mad Money, Fast Money, The Closing Bell, etc..  I really like CNBC.  Great channel, real time stock tickers, and their website is pretty good too, I might start using it a little more.  All I know is, I'm itching to start analyzing and investing in the market, but its so volatile right now, its probably not a good time to put money in the market because its unpredictable.  Any trading system a person tries to use in a time like this might not work out the way it would in a normal market.  Although, looking at it in a different light, with fundamentals involved, some companies have plenty of cash flow, and growth, earnings, dividends even to go around to make it out of this recession.  Its a great time to get stocks for these companies at discount prices.  But this is a Buy and Hold look on things.  Because yes, these companies are trading at huge discounts, but it might take 5 years or more for them to start showing profit, like possibly 5%?  If you look into the past recession times and see how these companies fared during those recessions, you will see what you will be getting yourself into a little more if you start investing now.  I have no specific companies or data at hand right now and I don't have enough energy right now to delve into research for this one blog, but I'll see what I can uproot later on.

Day 1

Hi and welcome to the start of my new blog!  I've taken an interest in Technical Analysis, analyzing stocks and equity charts, so I've been reading up on it as much as I can in the last month.   It's pretty tough stuff, but I'm making headway in understanding some of it. 

This really isn't "Day 1", I've already started to learn what I can and I'm just now starting to share my thoughts with the public.

The blog will be a way for me to share my findings and my learning progress not only for myself, as a reminder of the things I've gone through and as a later look back into the past, but as a helpful site for others who are interested in learning about technical analysis and want to get ideas from me.

I am by no means any type of professional when it comes to stocks, equities, futures, commodities, etc. and I give no assurance that anything I say is accurate, or can make anyone else any profit. What I write is only information that I am trying to ingest and to make sense of for myself that anyone who reads can take it and use it at their own discretion. I am also not a very good writer, if you couldn't tell already, as my background is in computers, I've strayed away from writing as much as possible.

Again, as a disclaimer: I am not responsible for any monetary gain/loss due to the information provided on this blog. Use it at your own discretion.

So a lot of the stuff I've learned so far came from the site Investopedia. It has a great wealth of information for the beginning investor and/or technical analyst as far I can see. I've also picked up some books on day trading, analysis, stock trading, etc..

The first book that I've started to read is called "Getting started in Technical Analysis", written by Jack D. Schwager. It's a pretty good book, although somewhat dry and boring at times, but HEY, technical analysis is just that!!   So some might find it easy to read, some might find it hard, I personally am in the middle, I am learning from it and can go through some of the pages quickly, while others I have to reread a couple of times.

Although I've said this book might not be meant for everyone, I have learned quite a deal from it. It explains TONS of stuff like:

• Types of charts
• Types of patterns that show up
• Trends
• Trading ranges
• Support and Resistance
• Oscillators
• Stop-loss points
• When to enter or exit trades
•  ..... and a lot more I haven't read into yet. 

Another section details real world trades that occurred and their results. I am now into the third section of this book, over halfway done, and I'm still interested. I'm pretty sure you can find this book in many stores or online. I'm going to try and post an ad for it if i can find one.
Well this has been a long post, I'm not so sure the rest of them will be as large as this one. We'll see what I learn. 

As this blog grows, I'll try to update it with videos, links, pictures, etc, of the many things I find useful as I come across them. Until then....Watch what happens in the market EVERYDAY!!!

  Remember: the more you follow what happens during the week/day the more you'll start to understand what and why things happen and how to predict them before they happen. So follow the markets and follow the financial news.