Dreams

Gross: +$219.34
Net: +$35.40
Loss From Top: 0
Trades: 156
Shares Traded: 146364

Stocks Traded Today (net profit/loss):
Advanced Micro Devices (AMD): +$162.88
Walmart (WMT): +$151.95
Exxon Mobile (XOM): +$45.70
Home Depot (HD): +$18.04
Citigroup (C): +$5.06
Hewlett Packard (HPQ): +$2.73
EMC Corp (EMC): -$3.34
Motorola (MOT): -$347.64

Today I left the office around 1:30PM as I had to return home so that contractors can do some work on the house.

As I made the journey home, there were only a few people on the bus and the quiet of the day had me half daydreaming and half thinking as I stared out the bus window. I started thinking about what I was doing all this for and what my dreams and goals in life were.

So what are my dreams?

I dream that in the future I live in a great house with a swimming pool in the back. I also dream that I can travel anywhere in the world at anytime so that I can see the best this world has to offer and I can meet the people of this world. And when I die, I'll have a smile on my face knowing that I can truly say that I have lived on this world and I got to see the wonders of human kind.

I dream that there is a smile on my wife's face everyday, knowing that she is taken care of and that she no longer has to worry about whether we can afford nice things or not. I dream that I can take my wife and family out to dinner or lunch as often as we please without having to worry about the bill. And I feel so great that my family knows that I'll be there to look after them financially if needed.

I dream that I get to do something I absolutely love for a living and that I jump out of bed every morning excited to get the day started. I dream that I can take the day off whenever I please and that I can leave for vacation or leave during the middle of the day on my own free will.

I'm guessing that you all know that the last paragraph is currently reality for me. But I'm really trying to work on the rest and I sincerely hope that the old saying "if you're doing something you love, money will follow" is true.

I figure that you are only here on this Earth for a limited time. This is YOUR life and you only have ONE shot at it. If you waste time or screw it up, tough luck...there is no dress rehearsal. I think no one should lay on their deathbed and think "Boy, when I was younger I should have...or I could have...". Well guess what, by that time, it's too late and you can't turn back time.

I think less than 0.1% of people have their dreams become reality. Well I don't want to be that 99.9%...I'm going try real hard to do this...if I fail, at least I can say I tried.

I truly hope the path I am currenly on leads me to my dreams. And I hope that all of you reading are on a path that leads to your life goals and dreams. Then comes the question: are you doing everything in your power to reach those dreams?

As you can probably tell, there isn't much for me to say about today's trading. I did have a slow start in the morning and within the first 30 minutes I was down $475! That was the slap in the face that got me to see the light and I managed to make it back to eek out a positive day.

No real good trades today, but there was one bad trade that almost had me shutdown again today.

Good Trades
None.

Bad Trades
10:01AM - Motorola (MOT) was uptrending while the Futures were slightly downtrending. I went long 1000 shares at $23.47 initially when I saw a level with some decent size break. There was some moderate resistance at the $23.50 level on the offer (about 800 size), but then the Futures popped up and then suddenly I saw a huge buy order (1000 size) show up for the price of $23.50! I tried to get as many shares at $23.50 and managed to get long another 3800 shares. BUT, that was the end of the up move and things started screaming back down. I got out as follows: 1-cent winner (1000 shares), 3-cent loser (1000 shares), 11-cent loser (1000 shares), 13-cent loser (1800 shares) ($364 loser before fees ; In: 10:01:02AM ; Long 1000 shares @ $23.47, long 3800 shares @ $23.50 ; Out: 10:03:18AM)

• In the excitement of everything, I broke one of my trading rules, which is to NEVER get long if the resistance/support level is 2 or more cents away from the best bid/offer (in this case, prices were at $23.48 when the buy order appeared)
• I should have also been very weary about this one, even with the big buy order...since the offer showed 800 size while the buy order showed 1000 size, this had a good chance that everything would be filled in one print (that dreaded "One Print Break!")
• I also felt I was missing out on a great move my Motorola; I watched it uptrend strongly during the first half hour and I didn't want to miss the next move made by MOT