GPN Bit the Dust

Poor old GPN finally stopped out just above the resistance line. Such are the fortunes of paper trading. Don't try making real trades until you've paper traded for awhile. Losses are a part of trading. The secret to trading is cutting losses, not letting them run. That's why it's important to trade with a system. So for this entire demonstration our gains total $1.61 per share. Our options trading didn't fare nearly so well. They total a 65 cent loss per share overall.  Out of 5 trades we had 3 losers and 2 winners. So our percentage is not holding true to Gary B. Smith's experience with this system. Only more paper trading of this system will tell the tale whether this system will be profitable for us using options or stocks. If our losing streak is now over we should see our percentages improving. Paper trading will help you approach the market with a good deal of trepidation and respect rather than over confidence when you finally start to trade for real.

EZ-Snap RV Skirt Makes It So Cozy In The Snow Garden!

Ten Inches of New Snow on May 1st. Unreal. But we are cozy inside our RV because of our EZ Snap RV Skirt do it yourself RV skirt. Have not had one freeze-up since putting it on. They are good to 40 below which it definitely can get to around here. The containers hold the remnant of last year's container garden. Had loads of fun growing tomatoes, peppers, lettuce, etc.. Had fresh produce all summer and fall and plenty left over for dehydrating in my RV oven.

Just left the pilot flame on and it dried everything slick as whistle. Parsley, peppers of all sorts, tomatoes, basil, etc..

GPN is still not ripe for the picking yet. Has gone to the resistance line again so we are still waiting for it to either trigger the stop or finally drop which is what I expect it to do. The Fed keeps inflating the market which keeps everything resistant to a normal drop. When this market finally corrects it will probably be huge. The option of course expired worthless for a $1.10 loss on this position, but the stock short is still in play. Hope it pays off.