Day Trader

The MOAM's new passion is Day Trading.  Today, let’s explore the exhilarating yet treacherous world of day trading. Whether you’re a seasoned trader or just dipping your toes into the market, understanding the challenges is crucial. So, grab your virtual life jacket, and let’s set sail!

What Is Day Trading?

Day trading involves buying and selling securities rapidly, often within the same trading day. The goal? To profit from short-term price movements. Sounds enticing, right? But beware—the waters are choppy, and the risks are real.

The Thrill and the Peril

1. High-Risk, High-Reward

Day trading is like riding a roller coaster. The highs can be euphoric, but the lows can leave you queasy. The potential for quick profits is tantalizing, but it comes with a price: risk. If your decisions go awry, losses can pile up faster than a snowball rolling downhill.

2. Market Noise

Imagine sailing through a storm with foggy glasses. That’s day trading. Market noise—external factors unrelated to your investments—can suddenly alter the course. News headlines, geopolitical events, or a celebrity tweet can send ripples through the market, affecting your positions.

3. Time and Commitment

Day trading demands dedication. It’s not a casual hobby; it’s a full-time job. Monitoring charts, analyzing data, and executing trades require relentless focus. If you’re not all in, the waves might sweep you away.

4. Commissions and Gearing

Every trade comes with a cost—commissions. These fees nibble at your profits. And if you use leverage (borrowed money), tread carefully. Leverage amplifies gains but also magnifies losses. It’s like surfing a giant wave—you catch the ride, but wipeouts can be brutal.

5. Emotional Roller Coaster

Picture this: You’re up one moment, down the next. Fear, greed, and adrenaline dance around like gusty winds. Emotional decisions can sink your ship. Having an exit plan—a lifeboat—for each investment helps you stay rational when emotions run high.

Navigating the Waters

1. Know Thyself

Before setting sail, know your risk tolerance. Are you a daredevil or a cautious navigator? Establish a strategy, set limits, and stick to them. Losing money is part of the journey; just make sure it’s within your comfort zone.

2. Read, Read, Read

Stay informed. The market is a tempestuous sea. Read financial news, study charts, and understand market trends. Knowledge is your compass.

3. Patience Pays Off

Don’t jump at every ripple. Wait for the right wave. If the situation doesn’t meet your criteria, stay anchored. There’s no obligation to trade if nothing looks appealing.

4. Exit Strategy

Imagine you’re on a treasure hunt. Each investment is a clue. Have an exit plan for every holding. It prevents emotional panic when you need to make rational decisions.

Conclusion

Day trading is like sailing uncharted waters. It’s thrilling, but it demands skill, resilience, and a dash of luck. So, fellow traders, hoist your sails, but keep your eyes on the horizon. The challenges are real, but so are the rewards. Fair winds and following seas! 🌊⚓

Disclaimer: The information provided here is for educational purposes only. Consult a financial advisor before embarking on your day trading journey.1234

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References:

1. NerdWallet: Day Trading: Definition, Risks, and How to Start
2. Quantified Strategies: Pros and Cons of Day Trading
3. Investopedia: Day Trading Basics and How to Get Started
4. Forbes Advisor: What Is Day Trading?

Learn more

1nerdwallet.com2quantifiedstrategies.com3investopedia.com4forbes.com5investopedia.com6nanepashemet.com7en.wikipedia.org8nanepashemet.com9sowamsheritagearea.org

This Week's Launch

 

MOAM's Stock Picks of the Day

These fine companies are the stock picks for my swing trades for the day.  I can't sell these during the same day, or that would be a day trade, and I don't have a spare $25k in my account to qualify as a day trader because of securities laws.  So my plan is to hold these stocks and sell at a targeted exit price at the end of the week.  Already down by $70 bucks as of this blog post, but I'm pretty optimistic that these companies will  perform as well as possible to launch this prosperity quest.

SIDUS SPACE INC   -   SIDU

Sidus Space, Inc., a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its services include satellite manufacturing; precision machining, assembly, and test; low earth orbit microsatellite; payload integrations; launch and support services; space-based data services and analytics; precision computer numerical control machining and fabrication; Swiss screw machining; wire cable harness fabrication; 3D composite and metal printing; and satellite deployment and microgravity testing and research services, as well as services related to electrical and electronic assemblies. The company also offers hardware solutions consisting of an external flight test platform to develop, test, and fly experiments, as well as delivers hardware, materials, and advanced electronics on the international space station; and space station integrated kinetic launcher for orbital payload systems. It serves commercial space, aerospace, defense, underwater marine, and other commercial and government customers. The company was founded in 2014 and is headquartered in Merritt Island, Florida. Sidus Space, Inc. is a subsidiary of Craig Technical Consulting, Inc.

AST SPACEMOBILE INC  -  ASTS

AST SpaceMobile, Inc., together with its subsidiaries, operates space-based cellular broadband network for mobile phones in the United States. Its SpaceMobile service provides mobile broadband services to end-users who are out of terrestrial cellular coverage. AST SpaceMobile, Inc. was founded in 2017 and is based in Midland, Texas

.ORGANOVO HOLDINGS INC  -  ONVO

Organovo Holdings, Inc., a biotechnology company, focuses on developing 3D tissues that recapitulate key aspects of human disease. Its 3D human tissue platform includes its proprietary NovoGen Bioprinters, which are automated devices that enable the fabrication of 3D living tissues comprised mammalian cells; and related technologies for preparing bio-inks and bioprinting multicellular tissues with complex architecture. The company offers ExVive 3D bioprinted human liver tissue with distinct hepatocellular and non-parenchymal cell compartments. The company was incorporated in 2007 and is headquartered in San Diego, California.

Hasta La Vista

 The MOAM has been spending a lot of time in learning Day Trading lately.  There is copious information on YouTube and elsewhere on this activity and since I have been sidelined with a couple of issues lately that keep me deskside, I might as well see how it is done.

How Hard can it be?

Quite a few cocky bastards are boasting how they make millions with their trades that anyone can do.... and the MOAM is "anyone".... so ergo.... I will soon be making millions too.

Will keep you in touch with how it is done, and I will never forget the little people that I will be stepping over in my quest to be a millionaire.

HASTA LA VISTA BABEEE!!!!

Tyranny and Fascism

 If you listen to the propaganda spewed by the Main Stream Media..... and didn't look into the actual source documentation.... then you would conclude that an Insurrection was concocted and led by Donald Trump to overthrow the government by marching on the Capitol.  And yet..... an unarmed "Insurrection" was led by Capitol Police throughout the building as they strolled along with a guy with a buffalo headdress and a painted face and politely showed him the Capitol chambers.  All the while, Nancy Pelosi was videotaping and choreographing.  And the FBI had plain clothes agitators in the crowd.

This is an "INSURRECTION"??????

Who in their right mind can say that this is Trump's effort to overthrow the government?

It is a disgusting and sickening display of political gamesmanship that was force fed by a media farce led by the Jan. 6 subcommittee.   Complete with criminal charges.

Now, the States of Maine and Colorado regurgitates this fraud of an "Insurrection" as an excuse to keep Donald Trump off of the ballot.... 

This Fascist act of keeping the choice of a leader away from the voting Electorate is patently un-American and contrary to the freedoms of our system that our country is based on.  Yet my Libbie friends feel that their psychological distain and hatred for Trump is an ample excuse to keep the Voters away from able to exercise their rightful and democratic choice to cast their votes for a candidate of their choice.

Keeping the choice away from the voters is tyranny and fascism.... in its classic definition.  Plain and Simple.

Shame on the State of Maine.

Shame on the State of Colorado.

It is not their right to keep the voters from choosing Trump.

A Book for the Season

Looks like the latest Nanepashemet Title, "The Handbook of Elderly Erotica" is a big hit this Holiday Season.

Who would have thought that so many people would be in the mood for this?  Just goes to show.... you can't judge a book by its cover.

Thanks for the thousands of Peeps who have made this purchase a very Merry Christmas for the MOAM!!!

Go to Nanepashemet Books to get your copy for your Elderly Friends.

Seasons Greetings

You're My Blue Sky... You're My Sunny Day...

 

You're My Blue Sky...

You're My Sunny Day...

 

WORX WG430 13 Amp Electric Leaf Mulcher  

Turn 11 bags of leaves, twigs, or debris into just 1 bag. You can take acres worth of leaves and reduce them into a much more manageable task. Then you only have a couple of bags to dispose of. Or you can reuse that mulch in gardens and flower beds.

The MOAM is a hit of the neighborhood with his own leaf mulcher.  Get your own and create your compost from autumn leaves.

Sickening to Acknowledge

There is a lot of stuff happening lately that has not been anticipated by the MOAM and is frankly shocking.   Stuff that I never would have predicted and can't believe is actually happening.

It is sickening to acknowledge.

The rise of Pedophilia exhibited by the Epstein Island scandal..... it's mindblowing that people in our society turn a blind eye to the exploitation of children.

The eruption of Anti-Semitism and Jewish hate in Liberal enclaves and college campuses..... who would have believed that in our lifetime, we would sweep the mindset that lead to the Holocaust under the rug.

These horrific trends are incomprehensible to even articulate and the fact that they are in the public discourse sends a dire message to the status of our civilization.

We Baby Boomers grew up believing in "Never Again".  But time covers and obsures.  This is scary.  We have believed that the Nazi Mindset could never be revived.  

Maybe this is naive.

Nanepashemet Holiday Gift Lists

 We here at Nanepashemet have collaborated with Jeff Bezos and his great Amazon team to bring you these products that we recommend for your Holiday Gift Giving.

Click on our Gift Ideas....

Thoughtul Tools make a Great Gift
Gifts for the Home
A New Laptop is the Ultimate Gift
Consider How nice a Creation of Yours Would be
Craft a Personal Gift
Holiday Party Gifts

Merry Christmas and Happy Hanukkah.

Truth and Courage

 The Left is pushing to marginalize and condemn Elon Musk today, claiming that he is antisemitic.

Musk recently made remarks about the Jewish Anti-Defamation League regarding the Liberal characteristics of that organizaton.  It was critical of Liberals, and had no inkling of antisemitism.  No Matter....  Musk must be cancelled for pointing out the obvious.  Like Donald Trump, Musk must now be labeled as an Anti Semite.... dispite all evidence to the contrary.

Musk has moved into a space heretofore occupied solely by Donald Trump..... namely people who have their own resources and cannot be bullied by the Liberal propaganda of the Main Stream Media.  Those who dare to speak unvarnished truth and not bow to the Establishement Narrative must be censured, punished, cancelled and destroyed.

So far, this effort hasn't slowed Trump who has a mass appeal with the Silent Majority, and it is unlikely to affect Musk who enjoys antagonizing the totalitarian tendencies that characterize the Leftest tenets of today.

But the greatest attribute that Liberals exhibit is dogged determination.  Musk and Trump will continue to be marginalized and mischaracterized as long as they have the tendency to speak freely and independently of the Establishment Narrative.

The Left knows that the Silent Majority is ultimately swayed by the Truth, so speakers of the Truth must always be silenced and cancelled for the power to be held by the Totalitarian Left.

As this election year continues... watch for the Libbies Lawfare strategy and calls for cancellation to be escalated against Trump and now Musk, so as to muffle any truths that they may have the courage to disclose.

Blink

 Blink and you will miss this deal!

These cameras offer you security and peace of mind when you are away from your home or business.

We found this great deal for Nanepashemet Peeps....

Blink Outdoor Camera - Early Prime Day Deals

RAW Material Inspiration - Start with the Basics

 The Creative process for me usually starts with looking at the tools and raw materials that I have at my disposal.

A walk through a lumber yard, or a hardware store is where inspiration pours forth.  

That's what this list is designed to do.... show you the raw materials, and let them speak to you about neat stuff to create.

There is enough time between now and Christmas for you to craft the perfect gift for the perfect person.

Start with the Basics

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