I'm still here...

How sad. I feel for the few readers I have out there. I hate it when I visit blogs only to see their most recent post was days ago. I LOVE fresh content! So why am I not here more often?? Well, there are many reasons and I will not complain about them too much BUT the point of this blog to begin with, was to help more busy women like me excel at trading . When I first started out (granted, only a few months ago!) I found very few blogs from women traders! And even fewer from women like me who were married, raising a family, running a household and had very little time to jump into a venture like this and learn what you need to know to be a successful trader. I thought it would be fun, useful and informative to log my journey, not only for other traders, but for myself as well.

So enough of that!!! I can't promise I'll be here daily, as every spare moment I have on the computer seem to be looking for the next big move, but I'll try to get here a tad more often then once a week as that is a huge pet peeve of mine in other blogs!!!

So, a lot has happened since I was last here. I convinced my husband we should use part of our tax return to fund my trading account. I deposited a grand total of $2000 and it went in today at market open. I promptly spent my wad!! (I AM a woman after all!) My stock trading friend and mentor has been tossing bones my way for a while and I decided to shock the shit out of him and actually act on a few. Unfortunately I was not quite fast enough (translates into "snuggly in my bed and did not want to get up, put in my contacts and be at the computer screen promptly at 6:30 Pacific Time) so I didn't make quite the profits I possibly could have but I'm not unhappy with my holdings so here you go:
PRW - 300 shares (still holding from long ago, hope to sell soon.....)
Today bought:
CYTR - 200 shares at $5.24, stop at $4.82 which is an 8% loss
NGEN - 300 shares at $1.68
BIOM - 350 shares at $1.24

Bought these early in the trading day. My friend gave me the leads (actually I found BIOM on my own from previous evening scans) and I checked the charts, liked the volumes and jumped in. I set stops on CYTR and NGEN but did NGEN only till end of day and it ran out so I need to redo in the morning. I'm leaving BIOM as a longer term effort (know there is an official name for that....??).

So that is where I'm at. Isn't this fun? NOT YET! It was a bit gut wrenching. The big question will be whether I can be a successful and profitable trader while living my normal and hectic life!! This week, for example, my Mother is visiting for a week, the kids are on spring break and we have numerous activities daily. I also like to work out, preferably in the morning, which is during market hours. NO CAN DO. Today I worked out at 1:15, right after market closed. I also have a real job and work part time. My kids play sports, my daughter is getting ready for her Senior year in high school, we are a very busy family with a big social life as well.

So the purpose of this blog is "CAN SHE DO IT?" and I am out to prove I can!!!

P.S. RCAU...by the way...sold last week at $2.45 with a nice little profit (at this point anything, even $50, is a nice little profit!) but as you all know, this stock is out of control with growth!!! I like watching it even though it's long gone from my life for now.....

Tuesdays must be my thing....

Well, here it is, another Tuesday and I'm posting. I work part time and seem to have the most time to post or think about posting on Tuesdays. So let's get to it!

Okay, I took another online tutorial by Toni Turner yesterday which I found by linking to her site http://www.toniturner.com/ and then it links to http://www.realtick.com/ and the class was basically examples of her technical indicators that she uses to decide when a stock is a "buy". I took 2 pages of notes and she had great charts for visuals.

So yesterday my friend gives me some stock tips. One of those was RCAU and I watched it all day yesterday. It basically shot through the roof! So as part of my learning curve, I woke up this morning, jumped onto my streaming quotes screen and after seeing it was still climbing, I decided to buy some. Now, I only had a measly $140 or so in my trading account. Most of my $ is tied up in that damn PRW! And if I quit shopping I'd have a bit more to play around with, but any-hoo, I was able to buy 76 shares (whoooo hooo!!!) and then I sat and watched it some more!!

About RocketCity:
Rocket City Automotive Group, Inc. (PINK SHEETS:RCAU - News) was formed to acquire, manage supervise and operate corporations specializing in eBay, eBay Motors services, eCommerce, software development and retail automotive operations.
RocketCity holdings include IT Lagoon LLC, eAutoDrop, Inc. and CompleteAuto which functions as a certified solution provider for eBay Motors and offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country.
RocketCity believes in the enormous growth opportunities in the $1 trillion dollar automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at http://www.rocketcityauto.com/ to learn more.
Learn more about CompleteAuto by visiting:
http://www.completeauto.com/.

So I learned a few interesting things today. I learned that I do have what it takes to eventually make some money in the short term market. If I would have just put in $3000 today on RCAU, at several points in the day I could have easily made over $900. That will more then exceed my daily goal when I'm up and running.

The other thing I learned is that I NEED MORE MONEY TO PLAY AROUND WITH!!! This is crucial to my success. I get paid on Thursday from my other part-time job and we will see if I can get it into my trading account!!!