Irrationally mad decision making to obtain the American Dream.

Thank you Dell Computer for beating analyst expectations.

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Again, thank you Dell Computer.  When Dell beat earnings expectations the entire market after hours lifted up by next morning it opened some retail and tech stocks much higher.  I was focused on Sears Holding Co. (SHLD) after it tanked being such a good company making profitable earnings.  SHLD was creeping up since earnings but no sudden big movement but still upwards positive on the stock price.  I still thought buying Call options at the $172 stock price was a good level to get into.  So yesterday I bought the Dec 06 180 Calls at 1.50 planning on waiting for 2-3 days movement to hit my sell point at 4.00.  I’m excited to say this morning Dell earnings helped smack SHLD’s butt and made it up all the way to $180 selling me out around $179 at 4.00 profiting myself +$11,000

Now what to do?  Pay off my second note on my home which is $14,900.  I told myself the first time I get my account over $15,000 again I would take that money and pay off a home note and trade the remaining amount of money back up to that level again.  I believe making $700 to $40,000 in 4 months even if I am using profits as long as I make $40,000 that is my goal.  I might have to be extending my $40,000 goal because I can not trade while underway on my ship which I will be soon for around 2-3 months.  That would make it more like 7 months, still exciting and awesome if I can make my goal which I will because I know I can.

My account now is around $17,000 + all my bad trades or should I say non-moving stocks that haven’t done anything for me.  I told myself with my remaining amount of money I am going to trade expensive high quality stocks like SHLD, GOOG, NYX, FXI, MA, NUE, and AAPL that move consistantly and trade a like to catch trend movements.  I’ve built $2000 into $20,000 before when I knew nothing about stock options and traded penny stocks and dollar stocks which I recommend not doing because its very difficult. 

I trade risky so my if I do profit I profit much higher.  My SHLD trade lasted one day and made 175% which to the average investors that knows little about traded but doing understand what a return is would be blown away.  I’m blown away, but not that much since I’ve made much higher returns just recently and over the years.  I want to get to a point where I have a good deal of money and my trading activity becomes more stable with less risk.  Right now being young I know I can take the risk so I am trading like a wild gun.

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