I'M A TOTAL ROOKIE

I just want everyone to know that I am a total rookie when it comes to trading stocks. I have never had any experience in investing in stocks. No experience whatsoever! I am literally learning as I go, and you get to watch my success or failure.
The reason I am doing this, as I stated in an earlier blog, is to help other would-be investors have confidence and know that you don't need to have large amounts of cash to make money in the stock market. The other reason I am doing this is because I believe it can be done just by following one basic principle: Buy low and sell high.
In order for any endevour to work, I believe you must have a plan, and you must stick to it! I have heard it said that noone ever plans to fail, they only fail to plan. That being said, let me explain to you my plan for success as it is now.
I am using stock tip newsletters to help me for the most part.
I feel that with the stock tips I am using, and my basic knowledge of the stock market, and with the free information available online, I can earn 20% on nearly all of my trades. I realize that once my funds surpass $10,000 I may have difficulty selling off my stocks on some of the smaller volumes that I see on some of the stocks that I have on my watchlist. This will be part of my learning curve. That is why I will make this statement now, I may not be able to stay in for 20% on every trade, and also, I may need to move out of the penny stock realm at some point and start trading the higher cap stocks in order to make my trades more easily. I may even stay in for smaller returns and larger returns. 20% is still the goal, but if I see that a stock is gonna go higher I may just let it ride, and if a stock is not moving up fast enough I may get out at 5%, 10%, or 2%. All in all though time will tell.


DISCLAIMER: Keep in mind that I am not a securities advisor nor am I suggesting that you purchase any stocks that I post on this blog. If you do invest in any stocks mentioned in this blog, you do so with the understanding that you could lose every penny of your investment. The purpose of this blog is to give would be investors encouragement and hope, and help them realize that you can make money in the stock market, even in a bad economy. I have not been paid to promote any stocks that I have written about in this blog. Please invest in stocks based on your own research. I'm a truck driver, not a financial advisor.

Please feel free to email me with stocks that you feel are a good play. Email me at investmentstratagies@yahoo.com