I was watching one of those motivational videos on youtube, I think it was Jim Rohn
http://www.youtube.com/results?search_query=Jim+Rohn

anyway, he was talking about how you need to check your results.
He said something about the answers are in the numbers,
And he had some example about how he would ask people for a number because that’s all he needed to know.
They would always have a story and the would answer that he has a small box just big enough for a number so a story won’t fit in there.
I think I tell myself a lot of stories about things and I don’t look hard enough at the numbers.

I am looking at the numbers and Oscar’s trades have some very low numbers, I keep telling my self Oscar is a good guy. Oscar is just having a bad month, now Oscar is have a bad couple months. Oscar was doing better before I started (at least that’s what I was told).
But the bottom line is that when I look at the numbers, the trades I do with Oscar have some bad numbers.

On the other hand my account that I am trading with Timothy Sykes is up, the numbers are good. But today I missed a trade because my broker will not short OTC stocks.
So I need to close out my account with Oscar and open up some accounts to take more trades with Timothy Sykes.

Jim Rohn:
You must learn from personal experience, look back over the last year, have you done it right or wrong.
If you keep doing then your next years will be like your last years.
Learn from other people experience.

Called a buy in ZAGG I got the sms but misread it that he bought at 8 something, but it said 6.87 don’t know how I made that mistake,
Checked ZAGG and it was at 7.00 even, probably could have bought it there.
But I hesitated to send the order because I was not sure I had the right stock.

Then it went to 7.20 and a couple people started saying they were taking their profits.

12:00 and the volume is 375,000 for the day.

- Notes from Think or Swim interview.
- 

Don’t short stocks under a dollar because if it spikes it can go way way up and this makes your risk/reward too far off.
Pipes? – check up on this financing.

If they are paying for stock promotion then they don’t believe in their company then they don’t belive in the company, because that money should go into research and development, not an inflated stock price.

Don’t use stops at round numbers.

TOS can reserve shares.

Timothy does not like news, it’s a guessing game.

Want to try and predict large traders actions.

Sec filings, read them. Don’t believe the press releases.
Discover companies,
Is their business doing well or not?

Yahoo finance, pinksheets.com
Stockreads.com

The lion
Stocks that trade more than 500,000 shares per day. – only watch these stocks.

http://stockpromoters.com/ - someone was chatting about this site, saying it was a good place to get information on pump and dump promoters.

Ouch check out the prices:
Investors, Promoters (non Gold Status), Public Companies (non Platinum PC)

1 Year of Subscription to www.stockpromoters.com for  ($699.99)

(Gold Status) and platinum are priced at ($1399.98)

At 6:00pm it looks like the stocks in the Yesterday’s Top Promotions were changed.

Now listed: ZAGG, LLFH, JRN, CCBX, CBIS, LBMH, TBUS, SPNG, LLBO

Looking at twitter.com again.
I am going to try twitterfox.net and see how it does.
Also thinking about installing the plugin for stocktwits and see if it is of any use.

Started opening my Think or Swim account today. Missing too many trades with Ameritrade not being able to short any OTC stocks and only a few Nasdaq stocks.
Today would have been a good opportunity to buy ZAGG it was possible to get in around 7.00 and it went straight to 7.20

My hope is that it drops on the open in the morning and I will be able to buy some then.

Today I was reviewing my trades and I decided that I am going to change my software and start entering an exit order at one point from my entry.

I noticed that many times I am up one point but for the last couple weeks there has only been one trade where I got 2 points out of the trade, there were also 2 trades where I got 1.25 points. But the number of trades where I took a loss when the market flipped up over one point then dropped before I could even click on the exit button was a bunch.

I also am going to start keeping charts of every trading day, and better notes of my trades.

And I am only taking hook trades, no more news plays and no reverse trades, they seem to distract me too much and cause me to over trade.

So from today on I am only taking hook trades and I am going to put in an order to sell automatically at 1 point from my entry.

I was also able to add the time to my trades, so now I can also keep track of how many seconds I am in each trade to see if there is a pattern to how I do based on how long I am in the trade.

 http://max5.myopenid.com/ - set up this page because it said I could use it to comment on blogger blogs, so I thought I would try it out.

https://cv.im/models/profile?paid=1928383 – covestor has a new thing out that will let you automatically trade along with someone on their site. Not sure how this is going to work out, but it sounds interesting.

http://johnwelshphd.tumblr.com/post/139737096/excel-spreadsheet-for-tracking-trades - a spread sheet example of how to keep track of your trades. Looks very helpful.

You ever hear the quote ‘sell in may and go away’. That’s especially true. Over the last 3 years, July is a very bad month for volume.
Lots of traders go on vacation and don’t trade during the summer, after labor day is usually the best trading.

http://johnwelshphd.tumblr.com/post/136099168/money-management-techniques-for-traders - money management techniques.