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Wealth University

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About Me


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Trading stocks can be one of the most demanding and unforgiving endeavors. It can also be the most lucrative. This board is designed to give the new trader the weapons that they need to become confident, self-empowered, and successful.

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My Blog

More great PLTG news - should be tradng in the mid-twenties easily

Platina Energy Group Reports Positive Revenues for 2007 Final Quarter CHEYENNE, Wyo., Jan. 8 /PRNewswire-FirstCall/ -- Platina Energy Group, Inc. (OTC Bulletin Board: PLTG.OB), (Frankfurt: O5Y.F) ha...
Posted by on Tue, 08 Jan 2008 20:23:00 GMT

Uses of Moving Averages

Uses for Moving AveragesThere are many uses for moving averages, but three basic uses stand out: 1. Trend identification/confirmation2. Support and Resistance level identification/confirmation3. Tradi...
Posted by on Tue, 01 Jan 2008 11:21:00 GMT

Trading success

Recognize that the cost of trading is high. Provided that you accept this cost, decide to make achieving success your "magnificent obsession". Fan the flame of your passion until it ignites into a whi...
Posted by on Sat, 29 Dec 2007 23:12:00 GMT

Oscar Wilde

Oscar Wilde states; "A technical analyst knows the price of everything, but the value of nothing".
Posted by on Sat, 29 Dec 2007 23:11:00 GMT

Jack Schwage

Jack Schwager comments on trend: "One way of viewing it is that markets may witness extended periods of random fluctuation, interspersed with shorter periods of nonrandom behavior. The goal of the cha...
Posted by on Sat, 29 Dec 2007 23:11:00 GMT

Model Portfolio Update

Picked up 4000 shares of NAVI at 5.07 average.  Looking for $6.50 area Picked up 2000 shares of SWHC at 5.83
Posted by on Thu, 27 Dec 2007 09:35:00 GMT

PLTG News

HUGE PLTG NEWS!!!!!! Platina Announces Proven Reserves Exceed $3 Per ShareMarket Wire - December 27, 2007 9:00 AM ET    Platina Energy Group, Inc. (OTCBB: PLTG) (FRANKFURT: O5Y) reports...
Posted by on Thu, 27 Dec 2007 06:15:00 GMT

Model Portfolio Update

I sold PAY today at 23.05 from a 22.73 entry.  I had planned to hold but discovered that PAY was announcing earnings tomorrow.  I never hold through earnings. We added CALD today to the mode...
Posted by on Wed, 26 Dec 2007 13:41:00 GMT

How High is the Cost of Tuition?

How high is the cost of trading? While the actual price is difficult to quantify, I believe it is higher than most people think. And in most cases, it is higher than most people are willing to pay. Th...
Posted by on Tue, 25 Dec 2007 21:47:00 GMT

Current Model Portfolio

Both PAL and PAY are the current stocks of focus.  They each feature or contain particular chart setups and each of them are showing a confirmed reversal from their low. 
Posted by on Tue, 25 Dec 2007 21:37:00 GMT