January 8, 2016 HAPPY NEW YEAR !!

Still alive.. thanking the gods that North Korea hasn't bombed Okinawa yet. Anyways, had to put off studying for a bit from RL stuff, can't wait for my enlistment to end so i can fully focus on Stocks and with Forex trading as well.

Got Tim Gritanni's DVD and really tearing into the content down. However, with the Nasdaqs and short selling i might skip out on for now since i will not be trading with a similar account size/new trader and still not comfortable with short selling. Will really be focused on Breakout longs and multi-day breakout longs. We're due for a market correction and i don't see long setups favorable in the long-term but it's a simpler strategy and just right for me since im still starting out.

Got Connor Bruggeman's DVD

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Fun stuff.. so I ran across this part of his web lessons about a stock that i am very comfortable with seeing that it's easily a supernova/parabolic trade...

Sweet textbook supernova trade.. so i decided to due a little DD digging... CEO of the company is Martin Shkreli.. Googled the name and ha.. i instantly recognized his face and laughed.. Anyways,

http://www.bizjournals.com/sanfrancisco/blog/biotech/2016/01/martin-shkreli-kalobios-kbio-chagas-savant.html

His investors bought shares at 30cents.. the stocks ultimately reached to around 50$ish.. Rough estimate but a 1,000$ investment would've turned into ~150,000$ at the peak ;D.. Pure luck though, no strategy there, definetly not something i'd speculate on since SEC halted 3 times and the price lost 50% once the NASDAQ announced a delisting of the stock. Very unpredictable as well as the trader is not in control.. the pumper is.. Anyways just looking at the chart above.. A conservative breakout strategy is to buy at 16ish and sell at 19ish at the slight pause in the trend for a good 20%play.. far from 16,677% but i'll live..

Anyways back to Martin... i love this guy...
https://www.youtube.com/watch?v=NS9blbLrKv4
https://www.youtube.com/watch?v=2EXsVfiFbp8
http://www.valuewalk.com/2015/11/kalobios-kbio-martin-shkreli/
http://dealbreaker.com/2015/11/desperate-pharmaceutical-company-hits-rock-bottom-names-martin-shkreli-ceo/?utm_source=valuewalk.com&utm_medium=referral&utm_campaign=pubexchange

No f*cks were given that day.. complete thug life right there... props to him cept the fact that whether he intentionally/unintentionally inflated the stock price or not.. Too much heat got on the company enough that the SEC went ahead to investigate him.. If the inflation was unintentional and it was the market traders that caused the momentum just cause his investors might have had restricted shares and cannot sell for profit anyways.. Talk about pure Karma...