First Time Visitor To 20s Money?

I encourage you to click here to read about our site and community. Please consider subscribing to the RSS feed to get 20s Money content delivered straight to you. Furthermore, check out the free reports we offer for 20-somethings looking to get ahead financially.

Stocks Are Down Again, But I Made $300 On A Quick Trade This Morning, You Can Do It Too

Today, while the overall stock market continues to pummel the average investor, I decided to take some action that I usually don’t do. I bought a stock strictly on a technical break-out and then sold 20 minutes later for a quick $300 profit. It was a learning experience and an easy chunk of money to earn as the market opened this morning. The beauty of it? This kind of strategy is completely independent of the overall market fundamentals which means you can make a killing no matter what the economy or the market looks like. Interested? Keep reading.

Today, at the open, I bought 900 shares of China North East Petroleum Holdings (CNEH.OB) at $4.85 a share. Twenty minutes later, I sold the entire position at $5.20 a share for a quick $300 gain. Beautiful right? Let’s break this a part to completely understand it.

First, the stock had a picture perfect break-out and technical analysis enthusiasts will tell you that buying a perfect break-out is a sure fire way to get a quick gain much of the time. The question is how do you find stocks that have perfect break-outs? I don’t have time to scour online resources all day finding perfect stocks for the chance to make a quick hundred bucks! Neither do I, that’s why I let someone else do it for me.

Let Someone Who Knows How To Find These Stocks Find Them For You

I’m not that great at finding these technical buying opportunities. But, I know someone who is excellent at it. I know someone who has been doing it for years, who has made millions and who continues to do it day in and day out. That person’s name is Tim Sykes. I know Tim personally, I have watched him with my own eyes trade stocks at his computer, and I have witnessed him slaughter the market average over the last six months. Tim is up 60% in the last six months where the market is down about 20%! Talk about decimating the market average.

Here’s How To Let Tim Work For You

Tim has an amazing service where he alerts or notifies his subscribers of perfect trading opportunities. For a small fee, I subscribe to Tim’s service and get alerted of ways to make money. The $300 I made in 20 minutes this morning will pay for the entire service over the next year. Last friday, Tim alerted me of CNEH. After doing some research of my own over the weekend, I decided to buy at the open this morning. Because of the alert I received from Tim, I was able to pocket $300!

The best part is now I see that his service works and I can actually make money. This is the first time I have followed Tim’s calls and alerts to take action on my own. It won’t be the last. I’m excited about the new way to make money that is completely independent of concepts such as interest rates, inflation, credit crunch that drive the overall stock market up and down.

I definitely recommend to my readers to check out Tim’s service. You owe it to yourself to give it a shot. You may find a whole new passion for trading stocks and a nice chunk of money in your pocket!

Popularity: 20% [?]

Don't Miss A Single Post - Subscribe To Our RSS Feed!

Related Posts:

RSS feed | Trackback URI

4 Comments »

Comment by Jake
2008-06-30 15:08:01

I checked out the service described in this post and it is pretty awesome. I can’t wait to start implementing the strategy.

Thanks for the info

 
Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.

Link to this post, and I will link to your site here:

High Interest Savings


Hey everyone, one of the most important aspects of my savings is to make sure that every dollar I accumulate earns as much money as possible. I use ING Direct as my internet based high-interest savings account. They have great rates and is the easiest savings account I have ever used before. Do you know what you are earning on your savings? If not, check it out and then compare it with ING Direct. Most of you can definitely earn more interest in your money. Also, one of the best things about my ING Direct account is how easy it is to move money around to and from the account. Now is the time for you to implement ING Direct as a part of your savings strategy!
  • Search

    Tags

    Archives

  • Featured Sites

  • Recent Comments

    • I tried to follow you on twitter but it wasn't working! Did you change your twitter name? I'm at @emilynow
      Emily | 29Jun09 | More
    • It would be nice to simply be able to buy investment-grade corporate bonds denominated in emerging market currencies. While ...
      iGuide | 19Jun09 | More
    • Due to current economic turmoil many employees are leaving the workforce in favour of early retirement which is putting an ...
      Retirement Investor | 10Jun09 | More
    • and its not a surprise, they have been keeping their profit low-but, thats what we need
      loan | 8Jun09 | More
    • and its no a surprise, they haven't been making big money on products, keeping low profit, not with everything, of ...
      loan | 8Jun09 | More