Tuesday, January 29, 2008

Dashboard

This is the main page I should look at.

Links:
Reading
Charts
Research
Today
Marketwatch Calendar: http://www.marketwatch.com/tools/marketsummary/calendars/economic.asp
Barrons market calendar http://online.barrons.com/public/page/markets_calendar.html

1/30 Preview

Comments:

Predictions & Possible moves:

Major events:

Pre-Market tasks:

Apply for loan at:
United Teletech
205 Hance Ave.
Tinton Falls, NJ 07724

Find credit card balance transfer checks

Finish application for Commerce Bank Overdraft

Deposit checks into Wachovia and wire funds to Zecco.
Bank Name: JP Morgan Chase
Bank Address: 277 Park Ave, New York, New York 10172
ABA: 021000021 (for non-domestic wires, use SWIFT Code CHASUS33)
Acct: 066600030
FBO: Penson Financial Services
(address Penson: 1700 Pacific Av. (suite 1400), Dallas, Texas 75201)
FFC: "Your Name" "Your Zecco Trading Account number"

1/29 Trading Summary

Commentary:

Lessons learned:

Today's moves, good vs. bad:

Current game plan:

Upcoming Calendar:

To do list

Well, one of the reasons I created this blog was to have a place where I can keep track of things I need to do. Here are some of them:

Strategies:
Create shorts in various sectors - for example, the tech sector really kept me alive.

Rules:
Don't ever overload on a position.

Things to do before making a trade:

Things to do daily:
Study technicals
Check news?

Projects:
Set up a dashboard for myself.

Set up CDs.
Take out 1/2 of all gains and LEAVE IT ALONE.

3. Overload on a position.
4. Set a limit on everything.
5. Set up buy stops.
6. Learn how to consolidate and exit positions.
7. Drag your feet, get cocky.
8. Review positions daily.
9. Completely exist positions unless you know what you're doing.

All or Bankruptcy

Well, that sure sounds stupid, but that's how this journey started.

I saw an opportunity to make a lot of money in the market, and decided to give it everything I had. I decided that I'd rather be poor and bankrupt than continue to live with a moderate amount of money and continue to work to live.

This journey started in August 2007 so I have a lot of catching up to do, but for now I'm going to use this space to record my progress and to keep me focused.

Wish me luck.