The Innovative Millionaire History

  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

Mid-Week Report (Week 23)

As promised in my last post, here is the mid-week report.  You'll be happy to read that so far I'm ahead this week.  Really it's the first week that I've been ahead in, well 6 weeks.  So let's get right to how it played out: Monday - Market opened up and settled into a nice up day.  Naturally, … Read more about Mid-Week Report (Week 23)

Time Off

So I have to be honest.  I took some time off from trading in the last 2 weeks.  A week and a half a go Mrs. IM and I celebrated our anniversary and took a quick trip to New York.  It was as relaxing as New York can be, but the escape was much needed.  Then I got back to some other obligations that … Read more about Time Off

Emotional Control

How do you exercise emotional control?  Especially when things aren't going well.  I ask because my losing streak is up to 4 weeks.  And if that's not enough I'm up to 2 straight losing months.  Honestly, it was one of those weeks where everything I did ended up being wrong.  Up to this point I've … Read more about Emotional Control

Earnings Season

Earnings season is my favorite time of the year to trade and thankfully it comes 4 times a year.  Since we're in the middle of it right now I thought I'd write about the approach I take.  If you remember from the IM Strategy, a big part of my goal is to capitalize on market corrections.  Those … Read more about Earnings Season

Paying Tuition

I'm going to start right off and tell you that I lost about $300 last week, which I'm going to call paying tuition to the market.  And to be honest with you I'm good with it.  Because the lessons learned this week will more than pay off the $300 loss.  If you've been following me on social media you … Read more about Paying Tuition

Actively Uneventful

The only way I can think of to describe last week is, "Actively uneventful."  There was a good amount of activity, but no big trades.  Really, no big mistakes.  Unless you count a series of small mistakes as a big one.  But the good thing for you reading, is that you can be entertained by reading my … Read more about Actively Uneventful

Opportunity

Are you finding every opportunity available to you?  Is an opportunity available to you that you are not seeing?  Are you creating opportunities where there may not seem to be one?  Could circumstances be blurring your vision?  Are you at the mercy of market conditions?  Whatever market you may be … Read more about Opportunity

Mid-Week Report (Week 15)

First of all I want to thank you for checking in for my mid-week report.  So far, it's been a good start to the new quarter.  As of today's close, I am about half way to my weekly goal so it's looking really good.  I'm also want to run my win streak to 2 weeks.  But shifting to the market so far … Read more about Mid-Week Report (Week 15)

Quarter 1 Recap

As expected, quarter 1 has been a ride.  I don't know if I can say it had been a fun one or not.  Especially, since it's been both, sometimes within minutes.  I guess that's the beauty of this journey, if this kind of craziness is your thing.  Probably the biggest lesson reinforced in Quarter 1 has … Read more about Quarter 1 Recap

Bye Week

Think of when your favorite football team loses a few games leading up to the bye week.  I know some people think that at least they can't lose while they adjust.  Weird but true, right?  You also can't win either, but that's another discussion.  Either way that is how this week has went so far.  It … Read more about Bye Week

Reset Button

Alright people I'm hitting the reset button.  I know this isn't a video game, but I can have fun with it.  The biggest reason I'm hitting the reset button is that I'm back to where I started.   $28,086.35!!!   If you're not caught up on how it all went down, you need to be.  So go back and read … Read more about Reset Button

Back Testing

If you remember from my last post, I mentioned that I was going to do some back testing this week.  The reason being is that after a good January in the stock market, February kicked my butt.  Bad!!!  And it's continued through March.  If you've been following you know how it happened.  But if this … Read more about Back Testing