Showing posts from February, 2011

Part V of the Neophyte Trader: Slacking off to round up

By Alex Nuttall - Bio The Mask In order to put you off the trail that I did absolutely no trading, investing, changing or seeding of my account I will discuss the last segment of this Neophyte Trading. Here is a blog I read this morning that is useful for anyone who wants to trade and learn from a pro: Upside Trader Trading Resolutions $PWAV Powerwave Technologies  NASDAQ:PWAV PWAV blew up this week hitting $4.13 now sitting at $3.73.  This is more valuable than when I sold it. I had 18 shares. I still think its a good pick but I am unable to invest anymore at this time.  Since I like the company I will continue to watch them. I hope they do well. $ORCL Oracle Corporation  NASDAQ:ORCL   ORCL did a great job this week. It stands at $33.68.  This is the highest ($33.71) it has been in 10 years. I am happy with this. Since I have two little shares. It is good for me. I'd like to get more, but I have to wait. $HAIN  The Hain Celestial Group, Inc. 

Useful Tools For Financial Management of Stocks Part IV of Neophyte Trader

By Alex Nuttall - Bio A Death in the Family This past week was a very emotional and stressful week. My Uncle Reed died. He wasn't one of those uncle's that you thought was boorish and full of complacent chaff. Uncle Reed was a man I knew for 41 years. He told me so many jokes.  He helped me to learn about fishing, hunting, and construction. When I became a vegetarian (1986) (footnote at bottom of post) , he made vegetarian sandwiches for me when I visited. He helped me to be confident in spite of adversity. He also educated me about business. He owned his own business for 35 years. If you have never owned your own business, you don't know anything about business. One time Reed was with my dad and I fishing back in 1984. I was 14 years old. We were drifting in the Chesapeake Bay. It was almost quiet. Water lapped against the boat gently. You could here the drag of a fishing reel once I while click-click-click as the weight of the lead bobbed on the bottom with

An New Trade in Trading Stocks 3 Parts

By Alex Nuttall - Bio I put this up to show the parts of the new stock trade process. Part 1: Part 2: Part 3: Current Position: 1 $ORCL 18 $PWAV Coming this week: Financial tools Useful websites More trades

$PWAV, $ORCL, Part III Trading Novice Exposure for Wealth Generation

By Alex Nuttall - Bio This past week was particularly good for my new trade as a trader. INVESTMENT: 01/03/2011 2:26 PM Bought 45 BGP@$0.92 $-45.90 Executed 01/04/2011 09:30 AM Sold 45 BGP@$0.90 $35.99 Executed 01/10/2011 09:30 AM Bought 1 ORCL@$30.85 $-35.35 Executed 01/20/2011 09:30 AM Bought 7 PWAV@$3.67 $-30.19 Executed 01/26/2011 09:30 AM Bought 7 PWAV@$3.43 $-28.51 Executed 02/02/2011 09:30 AM Bought 4 PWAV@$3.40 $-18.10 Executed POWERWAVE TECHNOLOGIES: In this past week I bought 4 more shares of Powerwave $PWAV.  Earnings came out on the 1st of February. I was pretty happy with this decision. The stock shot up to 3.75 a share.  My purchase of 18 shares averaged in value: $3.52.  That's a gain of 0.23 per share.  Since I don't have a lot of money to drop on anything I have to make my buys in stages based upon stocks that I am interested in and are affordable. For $PWAV my total investment has been (4.5)*(3)=13.5 in Commission an