MightyMO : Rob The Stock Markets Blind: The Journey to One Million

Catching Fire with MightyMo's new long term portfolio

More new changes to come - "the journey to one million"

The first public stock portfolio started in May, 2013 using a price action strategy. After six months it had a gain of $11,010 with an annualized rate of return of 29.70.

That was the warm up. Now the real 'game' begins soon!

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Winning is grabbing momentum, profiting from it and then releasing it

A winner must be willing to embrace change and welcome challenge. The biggest “fear,” if there is one, is not of the unknown, but of becoming complacent and stagnant. An environment of change and even uncertainty can energize a mentally strong person and bring out their best.

A winner is willing to take calculated risks. This is a different thing entirely than jumping headlong into foolish risks. But with mental strength, an individual can weigh the risks and benefits thoroughly, and will fully assess the potential downsides and even the worst-case scenarios before they take action

There is strength in acknowledging the past and especially in acknowledging the things learned from past experiences—but a winner needs to invest the majority of their energy in creating an optimal present and future.

Our site: Stock Market trading / live portfolio, beautiful art, beautiful photos, best poems, classic cars, top vintage pictures, movie top 10, following top individuals, and of course HOT eye candy.

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I'm being replaced, nothing stays the same

The Daily Log

Black Friday

In anticipation of the start of a new and great final portfolio (hint, see post title, not the Catching Fire portfolio), I am planning on replacing the 'The Daily Log' rabbit moniker (above) with a new moniker, either Scrooge McDuck or Rich Uncle PennyBags ( Monopoly Man) . Here's a sample of both.

Scrooge Mcduck profile

Penny-pinching poultry keeps majority of his fortune in gold coins stored in massive "money bin" high in the hills above Duckburg; also invests in pearls, gems, other "hoardables." Still refers to August 15th, 1971 –the day President Nixon took the U.S. off the gold standard– as "Black Sunday.

Rich Uncle PennyBags profile

A whiff of scandal surrounds Monopoly's recent release from Fort Dix Federal Correctional Institution, where he had been serving time for misappropriating funds from a bank error in his favor. Implacable foes Mr. Shoe, Ms. Dog and Mr. Thimble claim Monopoly – a.k.a. Rich Uncle Pennybags -- greased his release with a "get out of jail free card." Monopoly insists it was just a lucky roll of the dice. Now focused on audacious attempt to build hotels on both Boardwalk and Park Place, leveraging his interest in Marvin Gardens. Finances much improved after collecting windfall $200 million just for passing "Go.

9:50am Friday

What does it feel like to swim in cash?

Anyone want to take a dozier on ZOOM?

11:06am

MON becomes a serious candidate for the 'catching fire' portfolio.

12:34pm

Apple AAPL feeling no pain today. However the AAPL shorts are....

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I concluded the first public portfolio with daily updates after six months of trading. In my opinion, it was highly successful as we utilized the ten guidelines I wrote (shown on the right of this website). I made over $11,000 profit which annualized at a rate of 29.70%.

Our website blog is making some changes. I started my public portfolio, which was updated as it happened on here, for the last six months. The results for the six months of public trading were good but not great. With an average portfolio size of less than $80,000, I made a profit of $11,000 which annualized to a 29.70% rate of return. I will kept the portfolio numbers up for viewing at the end of the website posting. Stocks that were not sold are marked with a ending date showing the share price at end of trading on Nov 12.

The Road to One Million ???

I plan on starting another public portfolio soon. There are a number of things learned from the strategy used the last six months which I will incorporate in the new public portfolio. I will address those here in the next day or so. One thing I learned is that if I had followed my own rule guidelines (see the 10 listed on the right) I would have had a much better performance. In addition to that, in doing my analysis, I found some other things which will, in my opinion, help overall performance. As stated, I will identify those here very soon.

This site isn't all about the stock market. However, with the daily updating of the stock market, it took most of my time. I am still going to discuss the stock market but also going to relate more to other parts of this site - such as the paintings, my hobbies such as estate sale treasure hunting, movies, autos, etc.

I have developed a good following if the Blogger statistics I get are correct. It will be interesting to see how they change in the coming months. As stated, I will start a new public stock market portfolio. There's so technical issues to work out. One being displaying Options.

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Are you watching the hot stocks ?

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...In case you would like to follow our stock trades up to the very minute. I try to 'print' the trade within a minute or seconds on 'Stock Twits' (STOCKTWITS.COM) before I update them on here. You can follow me on stock twits by going to stocktwits.com and signing in (it's free). Then follow ROBMARKETBLIND.

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