Ancient Egyptian hieroglyphs: YTD, I have actually traded 24 companies for an average gain of $100 per trade. I know, my blog only records 9 for 10. But, that should tell you how blogging is easier said than done. I went all in on JOEZ on 4/10/13 @ $2.00 a share. I placed a $12,000 bet on JOEZ for a 5 cent increase. I “could of” made a $285 net gain. The next day, it only went up 3 cents. I “should of” sold for a smaller gain. I “would of” but wishful thinking got in the way. To make a long story short, it only took one bad trade to undo 24 gains. If you want to play the fool, blog about your stock trades.
Demotic script: Cash is liquid. It flows through your hands like water. They say Cash is King, but the most powerful piece is the Queen. Measure your success by the quality of your Long Term Portfolio.
Ancient Greek: Starting tomorrow, the weekly Flash Report will reflect a change in trading emphasis from ST Gains to LT Holdings. More important than BA’s are RBI’s.