Four Trades In One Day! Whew!

 

Friday, February 26, 2010

Hello fellow traders.  After just three trades total for this week (Monday - Thursday), today was a real doozie.  We had four scheduled trades today.  I traded all four trades.  Whew.  The real problem was that three of them were within 15 minutes of eachother.

The P&L that shows on each image above shows the consecutive, or daily total P&L, less commissions.

I lost the first trade after it went against me for several minutes.  After it got close to my entry, I actually put in a new stop loss at 0.5 point loss, which it hit.  Of course, it then turned about five minutes later and went past where I had a 0.5 point profit.  Oh well.  On to another trade.

The next three trades I won pretty quickly.  I got 1.5 and 2.5 points on the second trade (two profit targets), 0.5 point on the third trade, and 1.0 point on the fourth and final trade.  For the day I was up 2.75 points.

Now on to my weekly statistics.  I did seven trades, won six, and was up exactly 9.0 points total.  I have been trading 10 contracts this week on every trade, which on the S&P Mini is equal to $5000 that I had in the market.  As a result, I pulled a gross of $4500 EXTRA this week!

Even with a loss today, this has been an amazing week of trades, and I'm looking forward to doing it all over again next week.

Be sure to let me know if you have any questions. 

For now, have a great weekend.

Kevin

Thursday, February 25, 2010

Thursday, February 25, 2010

After an unusual sleepless night, I was wondering if morning was going to ever come.  Then when it did, I was wishing that it hadn't.  I was
T-I-R-E-D.  Plus it's a snowy cold morning here in Utah, and the warmth of my bed was almost more alluring than trading.

Almost.

Alas, I dragged myself out of bed and arrived at my computer to prepare for my trade.  After about 10-15 minutes getting my trading platform and web portals going, I was ready to go.

This morning's trade was pretty simple.  I executed a clean strategy (MMT style) and was in and out of my trade in under two minutes.  You can see the winnings were significant for an extremely short trade.  I looked for other opportunities to trade, but they didn't present themselves, so I shut down my computer and I'm now on with my day.

So far this week I am up 6.25 points on 10 contracts, which, with my broker, equals winnings of $3125 before commissions. Take out commissions of $4.80 per contract per trade, and I have added $2981 in just three days (actually in just three very concise, short trades).


These are real  numbers that I can PROVE and back up 100%.  Market Mover Trading literally took me from a total novice to finance and trading to pulling thousands of dollars from the market with minimal risk and minimal time investment (that's the biggest benefit).
 
Check it out - http://www.mymarketmover.com/ or contact me to learn how you can do it too.  Click the "Learn More" button above.
 
We'll see a lot of you in Idaho Falls, Idaho tomorrow night!

The Hiccup at Global Futures - A Lucky Break

Wednesday, February 24, 2010

Today, something happened to me that has never happened since I set up my trading account with Global Futures in June 2009.  Stay tuned...

Yesterday was an amazing day for me at Market Mover Trading.  I had five different appointments with prospective MMT students.  I was literally running from one appointment to another from 11:00 AM until 5:00 PM.  Really.  Those of you whom I met with can confirm.  I was late for almost all of my appointments.  Sorry guys.

I finally fell in bed at almost 11:00 PM after a late-night appointment at my home with another prospect and after emailing everyone who had emailed me throughout the day.  I was exhausted, but totally thrilled and excited about the growth of MMT and the great time I'm having telling people about it.  It is really fun and easy.

When I got in bed, I thought, "I'm not going to set my alarm.  My kids will wake me up."  So you know, my kids are usually up by 6:00 almost every morning.  I fell sound asleep and this morning was having an intense dream about being at a scrapbooking trade show (for those of you who don't know, I used to be heavily involved in the scrapbooking industry).  I was trying to get out of the trade show and simply couldn't get out.  You've all had those dreams, right?  The ones where you are trying to do something and you just can't get it done.

Needless to say, my kids did not wake up early this morning, and I shot up in bed at 7:15.  The house was quiet and peaceful.  But my head was reeling as a result of the dream (nightmare) I was having.  I got up, got showered (yes, I shower and use deodorant) and got dressed and in for my trade by 7:45.  Glad that all worked out.  :)

It was a pretty normal day of trading. One announcement.  Clean.  I watched the leading several minutes for any push up, push down, or consolidation - and determined that a straddle would work well.  I set my straddle about 10 seconds before the announcement.  I got filled short (in a selling position) at 1100.00 with no slippage.  I cancelled my long order (buy) and then...

The trading DOM (Depth Of Market) froze.  Like lake in Minnesota.  It was frozen solid.  No movement.  Nothing.  Actually, the chart still moved left, like normal, but there was NOTHING doing.  I freaked out!  I didn't know what to do.  I called my friend an fellow trader Jon Jaynes because I knew he was trading the announcement as well (we had been texting back and forth) just to find out what the market was doing.  He put my mind at rest because he said it was down at 1098.00 but I still could not see any movement on my trades and had no idea what was going on.

I called Global Futures and the phone lines were busy.  My brother Steve texted me and he said the exact same thing happened to him. 

So there I sat.  And I waited.

Nine minutes later, the DOM thawed - so to speak - and the market was down at 1097.00  I was still in my trade.   The system did not execute my SO2 Target Exit Orders.  I put in a buy order for all 10 contracts at 1096.25 and got filled.  I was up $1827.00 after commissions!!!  WOW!

I finally got on the phone wtih Global and they cancelled my two working orders.  I was good.  I had not only survived the craziness, but I had thrived because of it.

NOTE TO ALL:  This was a total luck-of-the-draw situation.  It could have causd me some real damage.  But it didn't.  I consider myself blessed/lucky today.  This was an awesome trade for me - but it had nothing to do with my skill. 

So, the moral of the story is - sometimes good things happen, and sometimes bad things happen.

Go out and make it a great day!

Tuesday, February 23, 2010

Tuesday, February 23, 2010

Good morning.  Actually, it was a great morning - especially for Market Mover Trading and using the S&P 500 Mini to make some extra cash!

This morning's trade happened at 8:00 AM Mountain Time.  It was nice to be able to "sleep in".  True to form, I got up early, showered and dressed and ate breakfast well before the 8:00 trade.  It was nice to be all ready before I even turned on my computer this morning.

Today's trade was a "clean" trade - meaning it was only one announcement.  Of course, the added volitility of the market being open added to some really nice movement.  I added contracts to my trade this morning, so I was a bit anxious - but it all worked out really nicely.  I set up for a straddle (buy order above price and sell order below price).  I have a habit of placing my orders at least 15 seconds before the announcement because I believe my fill rate is much better.

The image above (which you can click on to see a detailed view) shows it all.  I was filled short (after slipping 2.25 points) and hit my pre-determined profit target about 40 seconds later. 

I am having an inner conflict with myself about moving my profit target.  Obviously I left money on the table today, but at the same time, I was true to my own personal "rules" that dictated that I take 1/2 of the lowest forecasted move number that comes from the Market Mover Trading Calendar & Forecast (http://www.mmtuniversity.com/).  However, seeing the massive departure from the "consensus" that was posted, I should have at least moved my profit target down to the next prediction point line at 1100.25 - and I could have easily gotten another full point.  I would have to have stayed in the trade for another minute, but it wold have been pretty slick. 

Actually, I opted against an SO2 Target for my exit strategy this morning for some unknown reason.  Had I used that and put two of my contracts at a 3 point target, that would have been slick.

So, as they say, you live and learn.  If you're not learning then you're not living. 

As for a correction trade, I just couldn't see any clear manifestations, so I decided not to trade it.

Sidenote testimonial:  MMT gave me 100% of the skills I needed to execute this trade.  There is NO reason why anyone out there cannot do what I am doing with MMT and be wildly successful at it.  And, I promise to anyone reading this blog to help you learn everything I have learned and to be your personal coach, if you want.  I can put things into layman's terms and explain them how I understand them.  So get going and sign up today! (shameless plug) at http://www.mymarketmover.com/ then click "Enroll" at the upper right hand side.

DO IT!

And have a great day!

P.S.  A personal Shout-Out to Doug Anthony today for getting back in the saddle today after a short sabatical.  Welcome back Doug!

Friday, February 19, 2010

Friday, February 19, 2010

You know, it's funny how your brain works (or, sometimes doesn't work).  I started this blog today by typing out the date, and I realized that exactly 10 years ago today I purchased my first new-new vehicle.  It was a 2000 model Chevy Silverado 1/2 ton Extended Cab truck.  I was so proud of that truck and loved it so much.  At that point I (still) wasn't married and so my truck was my pride and Joy. 

Just a little tidbit of information.  Or maybe a little TMI.  :)

This morning I awoke in a hotel room in Las Vegas - half dazed.  No, I didn't awake in a drunken stupor or with a hangover or anything (come on, guys).  Yesterday afternoon we loaded ourselves into our Armada (Joy and I), went and picked up Jason Anderson and his wife Jen, and then Sean Larsgard and his wife Brandy, and we all headed for St. George Utah.  One of my MMT fellows had arranged a meeting in St. George with about 30-40 attendees.  We met in one of the most beautiful, contemporary Southwest style homes I have ever been in - or been NEAR, for that matter.  It was a great meeting with several people and very positive response.

At about 10:00 we headed out of St. George for Las Vegas, Nevada.  Another "fellow" MMT-er is hosting another meeting tomorrow (Saturday) down here.  We rolled in to LV around 11:00 PM Pacific Time, and finally got to our "right" rooms after Midnight - which was 1:00 AM to me.  Thus, the stupor I mentioned above.

I got up at 5:10 (after receiving several texts from a MMT friend of mine), started up my computer and made the trade you can see above.  I think this is one of the first times I have actually traded while travelling - and it went pretty smoothly.  I was happy to get 0.5 points on a medium impact trade and be done for the day.  I continue to learn.  I learn new things almost every trade I make - and that helps me grow and progress.

So at 5:40 I was back in bed and tried to go to sleep, but to no avail.  So I got back up and went on a 75 minute jog around Las Vegas.  It was a refreshing start to a nice weekend away.  At least we hope it will be a nice weekend.  It's comfy warm here.  The grass is green, the birds are chirping.  The porno promoters are out en force.  That's Vegas for you!

Oh - a shout out to my good friend and neighbor Jason Unruh who just signed up for MMT last night!  Way to go Jason!  I was as excited as he was when he called me yesterday!  And Cort is up next!  Let's get tradin' guys (and gals)!

Have a good weekend.

Thursday, February 18, 2010

Thursday, February 18, 2010

This morning at 6:30 AM we had a couple of high-impact announcements.  Unemployment Rate and Producer Price Index.  I was a bit anxious going in to this trade because we have had a couple of announcements lately where one was good news and another was bad news and the market went all over. 

Regardless, I determined, based on movement before the announcement, to straddle it and go for a conservative 2.0 profit target on 5 of my 6 contracts and a 3.0 target on 1 of the 6.  The news was "clean", meaning both announcements were bad news - and the market dropped.  It was beautiful thing to have a nice stop loss in place and also to be filled nicely and have the market move in my favor the whole time.

One thing to note, I set up my straddle, with a buy above market price and a sell below market price.  When my sell order was filled, my stop loss ended up being at the same place as my original buy order.  I couldn't just 'click' on the trading pad or it would delete both orders.  So I went up to my working orders area (upper right hand side of GS Trader - Global Futures) and selected the original buy order, and deleted it up there.  That way my stop loss was still in place, and it was still tied to my profit target (when the profit target is filled, the stop loss goes away.  Had I left both orders, and had the market moved against me and stopped me out, it would have also gotten me into a long trade at the same time.  Just an interesting point to make.  This rarely happens, but it's good to know multiple ways to manage your working orders.

It became apparent that there was likely no way that I would ever be able to reach my 3.0 point target, let alone my 2.0 point target.  The 2.0 point target was sitting right on a prediction line.  And, as we know, the prediction lines are golden - often acting as a major resistance level.  So, in order to get filled on all my contracts, I moved both up to a total target of 1.75 points.  I was filled in just under 3 minutes and was done trading for the day.

There was another announcement (Philly Fed) at 8:00 AM, but I was satisfied with my trades and profit.  I actually sat and watched it, but decided not to trade it.  If I had, I likely would have straddled it and gotten into a short (on the low wick of the announcement candle), only to have the market move upward.  I'm glad I didn't trade it.

I love good, clean trades like the trade today.  I can easily shut down my computer now and get on with my day.

Wednesday, February 17, 2010

Wednesday, February 17, 2010

Good morning Market Mover Traders and Watchers! 

A funny thing happened this morning.  Well, actually it wasn't that funny at the moment.  We got a kitten a couple of days after Christmas from the shelter.  He has been an interesting cat, to say the least.  We have never had a cat, or really any animal (except a fish) before, so this whole experience is unique and, honestly, quite strange.  Many people have told us that our cat must be bi-polar, on crack, or overall totally crazy.  Some of our babysitters vow never to come back because the cat literally attacks them.  My kids cry at night when they are in bed, because the cat jumps on the bed and attacks their heads.  We figure that as soon as he is "doctored" (if you know what I mean) his temperment will be calmed considerably.  That "doctoring" should happen next week.

Anyway, I was awakened to my son screaming because the cat had scratched him.  I reached for my iPhone (it sits in a docking station over night to charge), wondering why my alarm on the phone hadn't gone off.  The iPhone was not there.  It had been taken.  Suddenly it all came together.  My almost 6-year-old son, Nick, had sneeked in to my room before 6:00 AM and took my phone so he could play Asphalt 5 - a racing game I was introduced to by Sean Larsgard.  Thanks Sean.

So I nearly missed my trade all toghther.  I awoke - thanks to the cat and my son's scream - at 6:23 AM.  I have a habit of actually getting my laptop all set up the night before - attached to the double monitor and all wired.  I actually even open the MMT News Server and MMT University and get all the numbers ready and everything.  That way, when I get to my computer in the morning, all I have to do is "awaken" it and open my trading program (GS Trader) and I'm off to the races.  Thankfully I had it all prepared and my prediction lines in before 6:25.  Whew.

What a trade today's trade turned out to be.  It was forecasted to move 2-3 points at 6:30 and barely moved at all.  I got filled shot at the low end of the announcement candle, and then, based on marginally positive news, the market moved upward - ever so slightly. 

I determined to hold on to the trade and keep my stop-loss at 2.5 points (exactly where I had set it from the get-go).  I did move my profit target - just because there was almost no way I would ever be able to get a full point on the low volume that was part of the market today. 

After several minutes, I was still in the trade - but the low volume caused almost no movement whatsoever.  I weathered a totally lame Redbook Retail announcement, and the Industrial Production announcement as well with no real market movement on any of them.  Then, coming up on a full hour in a live trade - which for those of you new to MMT, that is a LLLLOOOONNNNGGGG TTTTIIIIMMMMEEEE, I wsa able to get 0.5 points of profit and exit my trade.

So, in reality, I traded three different announcements today.  All in one "swoop".  (P.S. I'm NOT bragging).

Have a great day!

Tuesday, February 16, 2010

Tuesday, February 16, 2010

Hello again everyone.  After a day of no trades yesterday, I almost didn't trade this morning either.  There were two announcements, but only one got the thumbs up from Market Mover Trading - and rightfully so.

The first trade was Empire State Manufacturing.  MMT didn't recommend trading this trade at 6:30 Mountain Time.  And, as you can see from the image, it was a no-trade.  There was almost no movement.  In fact, the announcement candle was a doji.

At 7:00 was TIC Long Term Flows.  Sean and Jason often say that TIC is good for about a tick (0.25 points of movement).  I set up a very tight straddle.  Volume was extrememly low and price was not moving.  I got filled long on good announcement details.  I held the long for almost two minutes and got 0.25 points!  I know, you're thinking, "Wow!  This guy has it all together!"  Right?  Additionally, I bumped my usual 6-8 contracts down to 1 contract.  My win netted me some $7.70 after commissions.  WOWZERS.

But, I was actually able to get another quick lesson and re-affirmation of the value of prediction lines.  On the above example and trade, the good news drove the price up to the next prediction line at 1085.75.  Had I "held on" to the trade, and used the prediction line, I could have very easily made 1.25 points instead of just .25.  Another thing I could have done is managed my trade up - moving my stop loss to secure my original profit and allowed it to move upward.

Regardless, a win is a win is a win, and I am grateful for that.

Tomorrow has two announcements.  One at 6:30 and one at 7:15.  So we'll see you back here for those.

My day is jam-packed today with all sorts of meetings.  I have been hitting the road, so to speak, and trying to grow my group.  I have qualified for the rank of Uber Trader and I am just 10 people from being able to get the $500 per month automobile reimbursement bonus!  I have four appointments today and a phone call.  I have two appointments tomorrow in Logan, Utah.

Oh yeah, remember, "Lunch is on me".  I extended an invitation to many of you yesterday that I will treat you to lunch if you have not joined MMT yet and would like to learn more - or if you have joined MMT, if you set up a lunch appointment with me to meet with a new prospective MMT student(s).

So, let's do lunch.  For now - have a great (foggy) day!

Friday, February 12, 2010

- Live Trade -

- Siulation (Paper) Trade -

- Live Trade -

Friday, February 12, 2010

Good Friday everyone.

Well, not so good, actually.

I was anxious and excited to get up today and get trading.  I made only one trade in the last week, so I was ready to get trading going.  The first announcment today was Retail Sales.  I straddled and got filled long at the top of the movement and it moved against me to hit my stop loss at 2.0 points negative.  Not fun.

Then I made a similar movement trade on my simulation DOM, so I could practice getting better at correction/similar movement trades.  That was a promise I made to myself that I am trying to stick to - rather that using real money to learn.

Lastly, I made a simple trade on the UofM announcement trade.  I was anxious for a win so I managed that trade quite heavily and ended up getting a half point.

This week has been good for me.  I have clamed down significantly and I am slowly regaining confidence in my abilities.  What I have definately learned is that I can't win every trade every day.  What I can do is learn and learn, and learn some more.  And then do my best to apply my knowledge.

I'll tell you this - I LOVE telling people about Market Mover Trading and I also LOVE working with traders who are just getting started.  My phone, email, text messaging is so busy every morning around trading time with friends asking questions and telling me their successes.  And I really do enjoy that. 

Last night I spent over an hour in the basement of a neighbor/friend who just signed up for MMT.  I was impresed with how he is grasping the trading ideals and understanding MMT philosophies.  Every time I meet with him, I am impressed with how he "gets it".  This morning, I spent an hour on the phone (after 15 text messages and 6 emails back and forth) with another MMT trader.  It is just so good to connect with you all. 

Hopefully I can be an element in your successes as traders.

Happy Valentine's Day weekend.  Remember to do something spontaneous and sweet for your sweetheart.  (awwww).

Monday is President's Day, so I won't post anything that day (unless I decide I want to).  The markets won't be open though.

All the best!

Thursday, February 11, 2010

Sorry about this "late" post.  I got busy doing regular everyday stuff and forgot I hadn't posted this - until now. 

After a week of no trades, I got up early to make this trade this morning.  As you can see, I should have stayed in bed.  I am really trying to put into play my new rules of setting a stop limit (2.0 points) and leaving it there.  When the trade went against me, I couldn't bear to just let it go all the way to the 2.0 points, so I moved it down, only to get stopped out before it would have turned in my favor.

But, losing today was not nearly as emotional as the one I lost last week.  I literally have only lost four trades since the first of the year, but last Friday's loss was a doozie (is that how doozie is spelled?).  I'm really looking forward to tomorrow's trades and hopefully I can regain some losses from my last two trades.

Today's trade looked to me to be a good sniper opportunity.  Because of the slight push up for a few minutes before the announcement, I set only a short sniper.  Just before the announcement, price wicked up and then jumped to the news.  Had I set a straddle, I would have won the trade easily, I think. 

It seems that whenever I think I should do a sniper move, and don't (because I'm uncomfortable with it) it would have been the best thing ever.  When I do place a sniper based on market movement, it goes against me.  So far, straddling, for me, has proven to be the most effective entry strategy - bar none.  Remember though, that's just me and my style.  It doesn't always work for everyone.  Heck!  It doesn't always work for me either.  But my wins are higher with straddling thus far.

Feel free to contact me if you have any questions.  If I don't know you personally, be sure to let me know who you are and a little bit about you.  I have really enjoyed this blog, and I hope you do to.

Until tomorrow...

Oh - remember tonight's introductory webinar hosted by Sean and Jason (MMT founders).  It's a good time (and educational/entertaining too).

https://www2.gotomeeting.com/register/535205802

Kevin

Wednesday, February 10, 2010

Hello again everyone.  I hope you're all doing well. It apears that the East Coast is getting pounded with snow and basically everybody is getting a snow day (or two) out of it.

The gurus at MMT sent out this information last night:

Retail Sales 6:30AM MST (8:30AM EST) and Business Inventories 8:00AM MST (10:00AM EST) are canceled for Thursday February 11th and TENTATIVELY scheduled for Friday February 12th at 6:30AM MST (8:30AM EST and 10:00AM EST respectively).

The Department of Labor has not yet issued guidance on Weekly Initial Jobless Claims data scheduled for Thursday February 11 at 6:30AM MST (8:30AM EST) but we will notify you as soon as we hear from DOL.


Due to weather, EIA canceled both Weekly Petroleum Status Report due out Wednesday (Crude Oil Inventories including Crude, Distillates, Unleaded Gas and Refinery Utilization reports) and The Natural Gas Storage Report due out Thursday (Natural Gas Storage change).  Both have been rescheduled for release on Friday February 12, 2010; Natural Gas Storage will be at 8:30AM MST (10:30AM EST) on Friday.   Petroleum Status will be at 9:00AM MST (11AM EST) on Friday.


Today has been another day of no-trades for me.  I was contemplating SIM trading Crude Oil, but I guess they delayed that announcement until Friday.

But do keep checking back with me.  When I make trades I will post them!  I promise.

Have a great Wednesday!

Tuesday, February 9, 2010

It's hard to believe that the days just go flying by.  I checked my calendar and thought for sure today was the 2nd, not the 9th.  Where does the time go?

I have been working with Market Mover Trading on development of several new and exciting things for all MMT Students and Traders.  Especially the last few days.  These "things" are SOOOO cool, that I wish I could tell everyone what they are and how they work.  But alas, I can't.

Last Friday MMT announced the final development of a handy new tool available to MMT Traders who use Global Futures platform called MMT Tools.  This handy add in gadget will help traders quickly and easily, and with a whole lot of precision, enter and exit trades more precisely.  It is sweet and should be available in a couple of weeks.

Yesterday, MMT announced that they are waiving the 30 day holding period for the first three ranks in MMT.  Now, you don't have to wait for 30 days, holding a position, to advance to these new ranks - up to and including Pit Broker.  This is a great thing for those who are enrolling new students at a quick pace because they can, in essence, move up the ladder of success inside the ranks of MMT much more quickly than before.  Hooray!

Now, we're working to develop some massive new improvements to the University site and other areas as well - again adding value, convenience, and ultimately more success to your trading and trades.  To my knowledge, none of these things are available ANYWHERE else, and even if I wasn't an MMT Trader, I would want to be just to be able to take advantage of these new add-ons.  Let alone the other amazing things that MMT offers already.

So keep your eyes peeled and your ears opened and get ready for some amazing stuff!  (I know this sounds like a lot of hype, but it really is very cool stuff.  Really).

Today there is one trade at 8:00 AM but is a Low-Impact announcement trade.  I have rules never to trade Low-Impact trades when they are by themselves.  Sorry guys.  Tomorrow has one Low Impact trade (excluding Crude Oil - which I am only SIM trading).  So I'll be back to trading and posting my results on Thursday - with one HUGE trade at 6:30 AM.

Here's wishing you all a great day!  Contact me if you have any questions! 

Monday, February 8, 2010

Hi everybody.

I'm surprised, and a little bit, well, amazed at the number of people who have contacted me in one way or another that are closely watching my blog.  I'm surprised.  But I'm also glad.  I am happy that this portal can be useful not only to myself, but to others around me that are genuinely interested in my success with trading in general, and Market Mover Trading in particular.

Last night our neighbor and friend invited us to a "Sushi" Bowl Party.  He has a full sushi bar in his basement, and he invited some successful sushi chefs (himself being one) and a scad of people to his home to watch the game and eat sushi.  If I was to quantify that, I would actually say that there was a lot more sushi eating going on than actual game watching - which was just fine by me.  The sushi was amazing.  And those who left before the game got over missed out on the real good stuff.

Another friend of mine was there, and he pulled me aside and mentioned that he had been following my blog - and most particularly my Friday post.  He has been seriously considering jumping on board with MMT and beginning trading using the MMT philosophy.  I was a bit anxious about posting Friday's post because I did not want him to be negatively affected by my "bad news".

On the contrary.  While it is never fun to lose some money, it happens.  He recognizes that, and he told me that my Friday post had him even still interested in getting going with MMT.  "You were still up for the week though!", he said.  And that is true.  :)

So I would say that to anyone who is struggling trading, or is intersted in getting going, but doesn't know if it is for them - keep watching this blog and you will see the real successes (and some failures, I'm sure) that I am having.  Again, as most of you know, I am just a normal guy having a great experience growing my income and financial stability.

There was no trade scheduled for today - so it's a day full or "normal" stuff.

See you back here tomorrow.

P.S.  Nick is doing MUCH better.  Thanks to so many who were concerned and offered (and gave) help!

Friday, February 5, 2010

02-05-2010 Trade

I guess I knew it was going to happen.  Today it did.

Why did I know?  Well, it's nearly impossible to win 100% of the time.  In fact, I'd like to meet the guy that has never lost.  :)

My trade today opened a whole pot of emotions that I am just now coming to grips with:

Sheer Elation - The feeling I had when I won my first trade in just seconds.  I was on cloud nine and was even giggling to myself in my office at 6:30 in the morning.  I had effectively carried out a SO2 Target Trade.  I was thrilled.  I got 2.0 points on 6 contracts and 4.0 points on 1 more. 

Confusion - The feeling I had when I didn't know if I should stay and trade a correction or just walk away.  This feeling lasted for two or three minutes while I was waiting for 6/8.

Anxiety - The feeling I had when I got in to a correction trade.  I was only going for one point. I was sure it was going to be great!

Total Dismay - The feeling that came when the market went totally against me and I was in a losing trade.

Depression - The real depression hit when I had "stop lossed" out of my trade and the market turned down only to go past my original profit target.  Total depression.

After that - everythign was a blur.  Until I composed my self and realized that while I had lost money, I had not lost everything.  I have an amazing wife and four beautiful kids.  I have a nice home and food to eat.  As I keep counting, the blessings keep appearing.

This is just a temporary setback.  That is all. I am very confident in my abilities to trade and trade effectively with Market Mover Trading.  I have only lost one trade in the last three weeks (today).  I am definitely up for the week and month and year.  So I can't be anything but grateful.

Going forward I commit to sticking closer to my rules - and even making new rules that will make me more successful in the long run.  I commit to being completely honest with you about my trading experience.  And, I commit to always looking to the bright side of things.

That's all for now.  Have a great weekend!

P.S.  We rushed my son Nick to the E.R. last night because of severe pain in his abdomen and shortness of breath, fever, vomiting.  The whole nine yards.  The diagnosis - full blown pneumonia.  We got home at 1:30 AM.  Thanks to one particular neighbor whom we appreciate so much for coming and staying at our home while our three other kids slept.

02-04-2010 Trade

Thursday, February 4, 2010

It's amazing to look back and see how quickly a week flies by.  Here we are at Thursday already, and I feel like I haven't gotten a thing done all week!

Last night I signed up another "personally enrolled" Market Mover Trader.  I am super excited for him and think that he will do a great job.  Its always fun to see the spark in people's eyes when they "get it".  And he gets it.

After staying up too late watching American Idol last night (DVR), I hit the hay a little anxious about this morning's trade.  I had been texting my brother back and forth about the trade, and it made me nervous for some reason.  But I was awakened by a text message from another Market Mover Trader who was concerned because he couldn't connect to his brokerage and was wondering if I could.

I ran to my computer, got it "awakened" too, and everything was working fine.  Whew!

I had plenty of time to brouse the MMTU site and view recaps from yesterday's trades, and get set up for my trade this morning.  It's always nice to not be rushed.

I made my 6:30 trade and won quite quickly.  I got 1.25 points without even thinking about it.  The news was so bad, that I attempted to move my profit target down, but I got filled too quickly.  Regardless, I have this thing about getting greedy and sticking to my rules.  If I determine the profit I want/need from each trade, I generally stick to it 100%.  I don't want to go chasing after more money and end up losing everything.

Take a look at my trade.  And, we'll chat again tomorrow.  :)

Market Mover Trading Introduction

Market Mover Trading Introduction

View more presentations from jaredwool.

02-03-2010

02-03-2010 Trade

02-03-2010

02-03-2010 Trade

02-03-2010

02-03-2010 Trade

Wednesday, February 3, 2010

Hello again everybody.  I must admit, I was pretty darn proud of myself for setting up my own blog yesterday and, if you ask me, it actually looks decent.  I'd love to hear how impressed you all are with me too.

Last night, I had one appointment at church, and then I donned the MMT mantle and headed out to fulfill some "promises" to neighbors who have been asking, or even begging for more information.  I finally returned home at about 10:30, feeling really good about the evening's prospects and how much people LOVE the opportunity called MMT.  It's invigorating, to say the least.

But I had to rush to bed because we had a 6:15 trade this morning.  I know, most of you probably get up before 6:00 a.m., but since I've been doing MMT full time, I usually get up a little after 6:00 - depending on what trades are schedled for the day.  I literally spent the night dreaming of telling people about MMT.  I actually awoke with MMT on my mind and had some new ideas for attracting more people to take a serious look at it with me.

Anyway, I jumped out of bed, anxious to get going with my 6:15 trade.  I will post the trades I made today in consecutive order (oldest first).

I am on cloud nine lately with this whole trading deal.  It is working out really well.  Since January 1st, I have made a total of 29 trades and I have won 28 of them.  As of this morning, I am up (since January 1st) 21.75 points (217.5% on my money before commissions and fees).  I usually trade 5 or 6 contracts, so we're talking a cash balance increase of almost $6000.

Anyway, I had an awesome experience yesterday talking about MMT to a guy I met at a health food store in Bountiful.  Totally random conversation, but I think he is genuinely interested.

Have a great day, and we'll see you back here tomorrow!

I also just started a Google Group.  You can join.  http://groups.google.com/group/mymarketmover

02-02-2010 Trade

Tuesday, February 2, 2010

So I'm going live with this I guess.  We'll see how it turns out. 

Literally, the intention of this blog, for me, is to simply journal my experiences as I go through trading and learning the ins and outs.  It's hard to blieve that its already been over eight months since Jason Anderson talked to me about this.  We were on a father and son camping outing and he pulled me aside and told what he was planning. 

He asked me what I thought.  I was sceptical, but very hopeful.  I was hoping to find something that could impact my life differently and give me opportunities I had only dreamed of.  And that's just what it's become.  I am now the master of my own destiny - so to speak - working for myself - something that I have always wanted to do, but didn't have the courage to just do it.

Now I'm in charge of me.  I'm in charge of my successes and failures.  I have learned to take responsiblity for both.  Thankfully, the successes way outweigh the failures.

Today there was just one trade opportunity at 8:00 AM.  The trade fundamentals were a little screwy but I was able to pull out 0.75 points within about 8 minutes.  I prefer the three second trades, but this one went well.  I will try to post some pictures too.

Anyway, until tomorrow - be good.  Be aware of yourself and what you can become.  I promise to do the same.