Just figured I'd start documenting/keeping a diary of my experiences with my journey to becoming a millionaire!
I'm going into my 2nd month of Pennystocking Silver and I must say: I'm learning more than I could have ever imagined about trading. I'm even more excited and motivated to know that becoming a millionaire is possible! I finally put on my big boy pants and applied to Tim's Millionaire Challenge, and I GOT ACCEPTED! So, I'm extremely excited for that, and I'm very eager to learn and soak up as much knowledge as possible (hopefully Tim doesn't make me slap myself 42 times in the face -- anything but the face)
Anyways, moving on. Stocks to trade! I've never been so thoroughly impressed with a stock scanning tool. As I'm going through the tutorial on how to set up my watch lists on STT, I'm becoming more and more impressed with it! Like most people, I honestly dread the research portion of my mornings. There's so much information to take in, so much BS to sort through, all these nooks and crannies to look into, and somehow I continue to feel like I'm missing something. STT really lets you "zoom in" on the most important stocks (the hottest of hot picks) and you can filter out all the extra junk. Don't get me wrong, there's still research and analysis involved, but STT makes it THAT much easier and convenient to do.
Also, I absolutely cannot wait to start utilizing paper trading with STT. It doesn't matter what anyone has to say about paper trading. Getting to practice strategies/theories without losing a dollar to "figure it out" is a win in my book (as you can tell, on the date that I'm writing this, I'm 100% wrong).
If someway, somehow, someone managed to read all of my blabber up to this point and you haven't gotten STT yet, then do it! I've been hesitant/skeptic about it (is it really THAT great?), but after watching Tim Bohen's introduction video on some of the features of STT, I became a fan.
nice. I'v been paper trading for a bit and I've really gotten to see what my own pitfalls are. So happy to have doen that without risking any real capital yet.
Indeed! I'm terrible when it comes to executions. Hopefully we can break some bad habits and make some money!
Welcome to The challenge !! Congrats!! STT is just a really good program that is essential for making it
@Torkers thanks! I can't wait to start binge studying all the DVD's to build a better foundation for myself. Everything is still so foreign to me.
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