I am going to turn $25k into $1mil in 5 years trading in the stock market. You’re probably asking yourself if you read that right. The answer is yes. I'm going to become a millionaire and it’s going to be a fun ride. I like simple and you will learn that about me as read my blog. So if … Read more about The Innovative Millionaire History
If you've been following me since the beginning of the year, you know I didn't believe that this run was sustainable. I have been preparing mentally for this overdue correction that I knew was coming. It's just hard to to tell when exactly it is going to happen. Did we really need bond yields and … Read more about Overdue Correction
Happy late Sunday night!!! I hope you all enjoyed the Super Bowl and from what I'm seeing on social media it was a really good game. Unfortunately, the Pats fell a little bit short to the Eagles. The interesting thing about this is that the Super Bowls that the Pats (Tom Brady) have last have … Read more about Short Game
It's that time again. I'm here writing my blog post waiting for Monday to get here so my winning streak can continue. Have any of you ever said you are waiting for Monday to get here? I hope you have, because if you haven't, you need to do something that will make you excited for Monday. I love … Read more about Winning Streak Continues… Barely!!!
It seems like it's been a while since I last posted. And so much has happened since, like the government shutdown. As far as my trading activity it was a very uneventful latter part of the week with the exception of a short sale adventure on Thursday, which I'm going to detail later. Honestly … Read more about Government Shutdown
Happy Tuesday night Innovators. I wanted to write a continuation to last night's post as today was a very eventful day in the stock market. If you recall in a couple of my recent posts, I've been preparing mentally, for this market to have an off day. Well that happened today. But not before … Read more about Market is HOT!!! (Part 2)
I hope all you Innovators had an awesome long weekend. If you're anything like me there was no down time because there is always innovating to do. But going into this short week, I'm excited because the market is hot right now and I love trading in a hot market because the rush is just amazing. … Read more about Week 3 – Market is HOT!!!
I am very excited to report that my goal of $566.28 was exceeded!!! Sorta! See what happened was I had realized gains of $636.28 this week, which is awesome right?!? And I know the IRS will be glad to take their cut. BUT!!! You know there is a BUT coming, so here it is. All was good until this … Read more about Week 2 Recap
It's Sunday night, 8:45 and I'm preparing for Week 2. Because without preparation there is no other way this account is increasing to $1 million. This isn't going to happen on accident. So I wanted to let you in on what my preparation consists of to start the week. The following are just of the … Read more about Preparation for Increase
I know you are all wondering how I did the first week. So, I’ll start with the bottom line, up $217.54. My goal for the week was $389.23 so I have some ground to make up. Looking back, there were some decisions I made this week that cost me and I’ll detail them later in the post. I am confident that … Read more about Week 1 Recap
Happy New Year Innovators!!! I hope you all had a safe and memorable holiday season. And more importantly, I hope that you are all ready to crush anything you put yours hands to in 2018. No matter what it is, do it all the way. Anyway, that’s enough of my motivational speech. Let’s talk about … Read more about Week 1 Pre-Game Report
This journey will include so much more than picking stocks and timing entry/exit points. An extensive amount of mental effort, or what I like to call brain squeezing, will be spent on managing 2 intertwining concepts: leverage (margin) and liquidity. As I mentioned in the IM strategy post, the … Read more about Leverage and Liquidity
I previously mentioned that my strategy is to buy low and sell high. You’re probably thinking that you’ve heard that before. But what you may not have thought of is how I’m going to do that. You see, after observing the market for going on 20 years I've noticed some trends. First, during bull … Read more about IM Strategy