I'm a long time software implementation professional and I recently found myself with a drastic reduction in my workload and similar reduction from my paycheck. As a result, I have a lot of time on my hands and a strong desire to replace my lost income. I'm looking for implementation work, but I'm approaching 50 and over the years I've become quite selective about the projects I undertake. So I suspect it will take a while to replace my past income via a salaried position.
Given this, I decided to give "day trading" a try. Actually, I'm not sure if I meet the strict definition of a day trader because I don't recall ever flipping a stock within a business day. But if indeed a stock meets my trading criteria, I would flip it immediately.
This blog is intended to track my trading and document my evolving strategy for myself. Also, this is a way to let my wife know what the hell I'm doing with the money that she could be using for toenail polish and sushi. And this may allow her to continue trading in the event I'm hit by the proverbial bus and she gets sick of sushi. And finally, if the results are not too embarrassing....perhaps I'll share this with others who may want to incorporate elements of my strategy into their own trading.
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