Being the novice trader I am, I wanted to share my success story for this month. I've put myself in a position that finally came to fruition, some trades shorter than others but when you follow the rules you have in place, put in the time and research, and stick to your plan with conviction (because not all stocks go up), then successful trades will follow.
I began this journey with the severance package that CHK gave me when I was working in Ohio for them. It was devastating losing a wonderful job and being so far from home without a safety net. I wanted to become financially independent so that I would never be put into that position ever again. So I turned to the one thing that I could control and that was trading stocks. I could be my own boss, make whatever I wanted and never have to worry about being laid off again. Somehow I ended up stumbling across Superman and began to study his strategy.
For my first year, I sat back and watched as I was a bit skeptical that you could follow his 3 types of trades and make money. As I questioned his credibility, I was amazed how structured his trades were and how determined he was to follow his plan and put in the time to find quality stocks to trade. The more I saw him trade the more I saw his trades develop and I started to find my own trades falling parallel to his. Studying his every move and listening to his guidance when I asked him questions helped mold me into the dedicated novice trader that I am today. I feel that I've made leaps and bounds being under his supervision rather than swimming in Wall Street alone.
As I have slowly started to compound my account, I came across TIK which was a very interesting company to me. It fits all my requirements of a quality company. Great growth, rare products, a microcap, increasing EPS, and not a lot of attention. The goal is to find momentum before it happens and that's what I think I accomplished on this stock. I bought in long ago and finally saw some of the results that I sought. I think this company will move again in the short term and is still on my watchlist.
Another company I came across was SYMX, besides a billionaire investor buying a stake in this company I think gasification and their clean energy process will become increasingly more popular. I noticed that it doesn't hold the bounces to well so I sold off and took my profits but will look to reenter.
Great post!
Awesome, congrats!
Nice Job! Congrats!
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