A WORD ABOUT FREEDOM

I belive the overall goal of daytraders and investors in general is freedom. Freedom from a job, freedom to spend time with your family, freedom from worry about the future, or just the freedom to be who you really want to be. Whatever you want to be or do, you can achieve, and I believe the stock market is a great tool to use in order to achieve those things.
Let me just share with you a little bit about myself.
I currently work for a small oilfield company in Bossier City, LA. I am one of their supervisors. Even though it is a great job with good pay and good employers, it is not the way I want to spend my days. I want to spend my days hanging out with my family, taking trips with them, taking my kids to school, ect., ect.
My current does not allow me these luxuries.
I want to quit my job, and I want to use the stock market to make this happen. I believe with all my heart that you can quit your job by trading penny stocks. I intend to prove it! I don't believe it will take years to do it either. I know this much, if you start with just $200 and increase it by 20% and reinvest your dividends, you will have over $1,000,000 on trade 31. Grant it, that is perfect world conditions, because you will never make an even 20% on every trade. Some trades you will actually make more that 20%, of course you will make much less on some trades, and you may even lose money. Lots of it!
Consider this though, if you can build you funds up to $14,000 and invest it in a penny stock that is trading at $.95 per share, and it moves just $.05 the first 10 minutes of the trading day, you've just earned 5% of $14,000. So now you $14700 to trade with.
But what if that stock had shot up to $1.18 by noon that day and you had stayed in for 20%? You would have made $2800 and would have turned $14000 into $16800. Not bad for just a few hours of nail biting and white knuckles, and all you have to do for the rest of the day is "whatever the HELL you want to do!" Thats it! Well, you may want to start looking for your next investment, but your funds won't be available again for a few days while your trade is being settled. This can be as short as 2 days or as long as a week depending on which exchange you are trading on and which online broker you are using. It may take longer, but I have never had it take longer than 6 business days. I use E*TRADE for my trades and they seem to be pretty good at getting my money freed up.
Just a little bit on E*TRADE. I will say it again that I have no prior experience or training when it comes to trading stocks. I have never read "Trading For Dummies" even though I do own a copy. When I decided to start trading back in Jan of this year because of a stock tip a friend gave me, I decided to go with E*TRADE for a couple of reasons. #1 reason was because they were the one that I had heard the most about from people. Kind of a household name if you will. #2 reason, and I think the reason they are such a household name is their Superbowl commercials. As Tony the Tiger would say, "THEY'RRRREEE GREAT!" All I can tell you about them is that since Jan I have not had one problem using them. They are not the best deal out there, but they are well recognized in the industry, and I will continue to make all of my trades with E*TRADE.
Thanks for reading my latest entry on my quest to $1,000,000. Stay tuned.
BRADY

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