Friday, April 02, 2010

Back Again

It has been a week since I last blogged but in my world I have been busy and unable to get to the blog site. I will try to catch you up on what is happening and then I will try to get back on my schedule for Monday, Wednesday and Friday. Don't give up on me.

The week and a half in Redmond was tiring and very informative. Finally paying for some education that I really wanted and not something I had to have. I enjoy the financial market and have wanted to do something in it for a long time. Now I get the chance to try and work in this field as my new job. I can't hardly call it a job but I do want it to produce an income. When I got back on Saturday night I just wanted to relax and just enjoy being home before Monday came around and then I had some work to do. I needed to sign up with Tradestation and transfer my working capital to that account. As a trader this platform is the cream of the crop and of course you pay for that as well. I went ahead and filled out the information and then got to the last page and just couldn't push the button. I don't know why but my gut told me that I didn't need this one.

The next day I went back and took a another look at the platform. I had been using it all last week and it was so nice to use. Why couldn't I pull the trigger? I would get 20% off of all of my trades and would pay $100 per month for the platform. This was intended for me to get my tuition back from the Academy. I met a fellow student at the class and we exchanged email and so I sent him an email asking about what he uses for his platform. I started looking at Etrade and Scottrade to see if they were usable. Mike uses Scottrade and he just happened to be in town and so we got together and he showed me what Scottrade had to offer. Now this platform is not Direct Access like Tradestation but the job gets done if you trade like I will be doing. I will not be Daytrading but will be a Swingtrader. I would like to work towards Daytrading but not know. With that in mind I didn't need Tradestation. I ended up the week signing up with Scottrade and will start with them. The platform is free as well and the amount to make the trades will be comparable. Now to work on my trading plan and have it turned in by April 12.

My Poker playing this last two weeks has been on the back burner. I did play a couple of games during this time and got a 2nd place but just couldn't give the time that it needed. Now that I have the platform done I will be able to start on my poker game. This is called multitasking. I will have a scheduled time for trading and then will also have a time to play poker. I am scheduled to play at Wildhorse at the end of the month. I would like to play a couple of events. I am also attending the seminar on No-Limit Hold' em. I also need to finish the coaching I am getting from my online coach. I am hoping to get in more games before I go back and have him watch me again. Last night I came in 1st in a tournament I played. Feels good to get back in the saddle again. In May will be the WSOP Academy for my live tournament play. I will also be attending the Hand Analysis as well in Las Vegas. I will be there for 4 days and this will coincide with the start of the 2010 WSOP. I will be in the same hotel as well. Maybe some autographs at night? As you can see the next two months will be busy.

Of course I am not done yet. Starting in June I will be attending a 12 week class from the Trading Academy called XLT. This is extended learning that I will do from home on my computer. They say this will speed up the learning process for trading equities by over a year. Anything to help the bottom line faster. I will be online with an actual trader looking over the trades and being mentored by this trader. I am looking forward to that time. So, the next two months will be on my trading and then heavy for poker and then after that I will get into trading heavy.

The house is basically ready for our son and his better half. We are going to have a new garage door put on our garage. It will be nice to be able to open it up and put our cars in for the summer heat or winter cold. After that it is going to be awhile before we start any other projects other than some smaller ones that won't take much $$.

I am walking now on a daily basis about a mile a day. This is hard on my feet and my lower back but I need to keep up with this. The insulin pump is great. It is nice not having to stick myself 7 times per day now. I feel I am doing well with this pump and now to work on the other parts of my health. I am not that old but feel like it at times.

I have a couple of sayings that I like to read over and over again.
Amateurs work at it till they get it right, Professionals work at it till they can't get it wrong.
Work the solution not the Problem.

Have a good day.

No comments: