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Welcome to Smarty Trades

Welcome!

First off I want to state that I am by no means a professional trader or a guru.  In fact I am just getting started in my day trading career and am the point where I am confident and will hopefully soon be profiting consistently..  What I plan to do with this blog is document not only my trades, but my journey to becoming a profitable, full-time trader.  If you follow along or are reading this post by looking through the archives you will essentially see my day to day goals and progress to success.  Again, I am not a pro and you should not take any of this advice as fact and should take it and research or test it yourself. I am not offering financial advice, only my take on the market and trade ideas.

With that out of the way this is what you’ll find on the blog from day to day.

Daily Trading Journal:
I will be keeping a daily trading journal in excel and I plan to post parts, if not all of it here on the blog.  This is for me to keep track of what I am doing and to give others an idea of what is possible.  I am not sure how specific I will be as of yet in the posting of these, but there will be some information provided into what I am doing.  I will make the decision when I get to that point.  The reason being I don’t want to brag or mislead my readers.  If you win big one day and lose bigger on another the one day really doesn’t mean much.  I will at least be posting my trades, and possibly some win/loss data.  My trades aren’t all that important to you – your trades are important to you.

Interesting Finance News:
I am constantly reading finance and stock news and intend to post commentary on interesting news articles I find around the media.  I will occasionally find an article I found useful, interesting or just plain crazy and post on it.  I will often analyze it and offer my opinion how the overall news may affect a certain sector or overall market.

Market Watches & Stock Picks:
Eventually I would like to offer market watches and stock tips to my readers.  I have my own personal lists now, but I am obviously not going to promote them until I can prove they are useful in my own trading.  Once I have established myself you can expect free stock picks/watches.  As with any financial advice – use at your own risk.

Tips For Newbies:
I have  a lot of interests and I’ve always found it hard to find a good resource for information to get started.  A goal I will eventually accomplish on the blog is to write a newbie guide to day trading.  It will be a series of posts of the steps I took to become a day trader and which ones I think are important to you through my experience.  I hope this to be a huge help for people new to trading.

Book Reviews:
One thing I’ve learned this far in day trading, investing – whatever, is that you never stop learning.  I personally love reading no matter the subject, but since starting my day trading journey I have read a ton of related books.  Each book I read I will review on the blog and give you a personal and honest recommendation.

That’s pretty much the structure of the blog.  I will add more as things progress, but that is my main focus and goal of the blog. I will kick things off tomorrow with some stocks that I am watching and updating the sections of the blog.

Happy trading,
Keith

[ More ] January 30th, 2010 | No Comments | Posted in Site Updates |



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SmartyTrades.com is not offering investment advice and is not a registered investment adviser. We are not suggesting you purchase any securities discussed on SmartyTrades.com The information provided on this website is strictly the opinion of the author and is for entertainment and education purposes only. You acknowledge by reading SmartyTrades.com that buying and selling securities is very risky and should be done at your own judgment or the advice of a registered investment adviser. SmartyTrades.com assumes no responsibility for your own personal investment activities.