Welcome to My Blog
Money, Investing, Life, Parenthood, More...DISCLAIMER: My blog is not investment advice. It is intended for educational purposes, and to keep track of my own investments. You should do your own due diligence on investment opportunities and know your risk tolerance. All things which I will explain here. 🙂
My Goal:Â The purpose of this blog is to track my progress and share my experience with other. Ultimately I hope that my posts can be educational to those starting out. I am not a finance guru. I have never been great with my personal money. I hope that showing that a regular guy like me, with not much financial background, can succeed in the world of trading and investing. All it takes is a little hard work and determination. As I have gotten older I have taught myself to manage money better, get out of debt, and start investing. My journey has just begun, but I hope to bring as many of you along as possible.Â
My Experience: I just started my third year of managing my own investment accounts. I swing/day trade in my IRA, and I have a brokerage account for long term investments, as well as the occasional swing trade. My first year investing on my own I jumped right in without really knowing what I was doing. My second year I spent a lot of time (thanks covid) taking classes, and reading books, all while continuing to trade. I adjusted my holdings and strategies as I learned more and more.Â
Today I feel like I have a solid foundation under me. I completed the day trading, pro courses, through Warrior Trading. I completed all of the Matthew Kratter courses through Trader University (as well as read all his books), and I joined Art of Trading, and follow along with “Trader Stewie” as he’s know on Twitter. I have also read numerous books and continue to do so in an effort to educate myself as mush as possible.Â
Right now I am in the stage where I am finding my own strategies and refining them along the way. I am not looking to reinvent any wheels. There are plenty of tried and true strategies out there. I am just looking to add that little bit of an “edge” that all traders look for moving forward. Long term I hope to have my own courses apart from this website, as well as other resources where you can follow my trades in real time. For now feel free to follow me on social media and bookmark this page.  If there is something you want to learn that I haven’t covered, tweet me @cchapeton or join my Facebook Group to add to the discussion. I also have a Tradingview account and a Stocktwits account @CCinvesting. Happy to have you here!
“Our only options are to be informed, not informed, or misinformed…”
WallStreetBets vs Hedgefunds – $GME – $AMC and the end of free markets?
One of the craziest weeks explained... Hedge Fund nearly bankrupt as day traders attack wall street In case you have been wondering why you have been seeing Gamestop (GME) and AMC in the news a lot this week, it's due to the fact that these two failing companies...
Today’s Trading Day Recap: January 25, 2021
Crazy Volatile Day - Ends Green $BB, $GOGO, $TSLA, more... Today was one of the most volatile days I can remember since I have started trading, and I wasn't even in $GME! Congrats to those winners, and my condolences to those holding the bag near $160...yikes! I think...
How To Start Investing: How to trade in an IRA vs Brokerage Account
IRA vs Brokerage Account The other day as I was flipping through my Twitter feed I came across a tweet from @alphatrends (great guy to follow for trade ideas and general knowledge) that made me stop and think about how I had structured my investments in my portfolios....
Understanding the 4% Rule – Setting Your Goals
Understanding the 4% rule - Setting your goals You can't get to your destination if you don't know where you're going Early in 2019 I made my first trades in my entire life. I think I bought $KO, and $BEN, for no other reason than I knew Warren Buffet like $KO, and...
Chart Analysis: $PFSW – adding to watchlist
Watchlist Stocks $PFSW - 12/8/20 Adding this stock to the watchlist. Long consolidation pattern forming. A break to the upside and I may enter. We'll keep an eye on it over the next few days. Potential Entry: A break above the wedge. Maybe $7.00?Price Target: N/A
12-1-20 Recap of $YALA
Reversal Play $YALA - 12-1-20 Found $YALA on my morning scanners and kept an eye on it for a potential reversal play. Worked out this time, and looking back at it, I played it perfectly. That rarely happens. Here is a quick overview of what I was looking for this...
Chart Analysis: LONG $NLS
Watchlist Stocks $NLS - 11/30/20 Seeing the same type of pattern as PTON here, except for not breaking out of pitchfork. Long at $20.30. Long: $20.30.Price Target: $25-26Stop: $17.50
Chart Analysis: $PTON – Pitchfork Breakout
Watchlist Stocks $PTON - 11/30/20 This stock had a great run up as one of the "stay at home" plays. Has pulled back recently but looks ready to make another run up. RSI divergence and breakout from pitchfork. Pitchforks are new for me and slightly subjective (as are...
Chart Analysis: $BA – Follow Up
Watchlist Stocks $BA - 11/29/20 Following up on the post below from 12 days ago. The 50 day has now crossed the 200 day moving average. That will be a buy signal for many. Other things of note, bull pennant forming, and inside day candle on Friday. All could be...
How To Start Investing: Book Recommendation
The Beginner Investor Book Recommendation From time to time I will post recommended reading material for investors/traders. These are books I have read that I feel helped me understand the market, a strategy, terms, psychology, and tips for becoming a better trader....
The 4 Keys You Need To Know Before Buying A Stock
The Beginner Trader 4 Keys You Need To Know Before Buying A Stock A lot of information goes into deciding whether or not to take a position in a stock. Traders may use volume bar, moving averages, chart patterns, news, and any number of other indicators available to...
Chart Analysis: $FUV Gap Up On Earnings
Watchlist Stocks $FUV - 11/18/20 Adding to my watchlist. This stock gapped up on earnings today. Will watch over coming days for a potential entry point. Plus, it's an EV play which I like moving forward. Potential Entry: TBDPrice Target: TBD
Chart Analysis: $AMD Weekly Chart
Watchlist Stocks $AMD - 11/18/20 I have had a position in $AMD for a little while now. I have even bought, sold, and reopened a position in the past couple of months. My current cost basis (CB) is in the low $79 range. I am adding more today. Potential Entry: When...
Chart Analysis: $BA
Watchlist Stocks $BA - 11/17/20 $BA has been strong lately on news that its 737 MAX will be taking to the skies again soon. Of course, with Covid ever looming, this stock still has some head wind. That being said, it did close above it's 200MA again, and the 50MA...
Investing Q&A of the Day: Bull vs. Bears?
The Beginner Trader Bulls vs Bears Even if you've never invested a penny in your life, you have likely heard the term "bullish" being used in regards to not only stocks, but any number of other subjects. For example, you may be bullish about your favorite team's...
Chart Analysis: $SPWR
Watchlist Stocks $SPWR - 11/17/20 I called this stock out for it's bull pennant pattern on my Twitter and Facebook group. I already had a position, and I added on the breakout of the pattern. I am still learning how to call price targets, but looking back at the chart...
Chart Analysis: $TUP
Watchlist Stocks $TUP - 11/13/20 I actually bought into this and had to sell because it hit my stop loss recently, but it is forming a bull penant. Look for it to consolidate for another couple of days and then breakout. Potential Entry: $32.00Price Target: $37 - If...
How To Start Investing: Scanning For Stocks
The Beginner Trader How to find stocks Regardless of the trading or investing strategy you decide to follow, both will need one key, and that is finding the stocks that meet your criteria. To find stocks you are looking for, you will need to use a stock scanner, or...