Ed's Got My Money

Jonesy explains what it feels like to be stuck in a stock that isn't moving while David laughs at him and counts his profits. Ed assures Jonesy that there's no reason to panic as he defines, "trading zone" and how important it is to be in a stock before the breakout while David expounds on the benefits on "going rogue". Also Jonesy came up with a target price on a stock earlier in the week. Why was his target price different from Ed's? And Ed drives home the point that we are looking for a stock to get "provoked" and in awaiting that activity, it doesn't matter what the stock has done in the past.

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Ed explains to David and Jonesy what volume is, how it "tells a story". It is an important element of the behavioral change that Ed is looking for when he's "stalking" stocks. Volume helps us find a trigger point for our "Fling Trades" because it reveals the sell-off's of the weak hands. We also make fun of David for having a faulty TD Ameritrade app. Ed define's what a "low float" is. And he also explains why he had David take some profits on his trade and stash some of his shares. FOLLOW our journey at http://facebook.com/edsgotmymoney and http://twitter.com/edsgotmymoney

Ed schools the guys on how his investment strategies can change according to the behavior of a group of stocks. In this case, Ed is seeing a breakout in pot stocks and therefore wants David and Jonesy to be in on a stock early to catch this. But why does Jonesy not have a sell order on his stock? And what does the term "volume" mean? Why is that an important factor? We also answer a question from a caller. SUBSCRIBE and FOLLOW http://facebook.com/edsgotmymoney http://twitter.com/edsgotmymoney

After being stuck in "order prison" for a number of days, David goes against Ed's instructions and buys a stock prematurely in a condition we now term, "Fickas Fever". Ed explains it's common for new investors to show impatience and he stresses the need for stern discipline in order to avoid catastrophe. Ed's strategy will only benefit long-term if we use the utmost patience in investing. Also, Jonesy's excited to own his second stock and gets some answers from Ed as to why his previous order wasn't filled despite the stock hitting the target price. Lastly, Ed predicts a Pot stock rally could be near. SUBSCRIBE to the podcast and FOLLOW us at http://facebook.com/edsgotmymoney or http://twitter.com/edsgotmymoney

Ed gives Jonesy and David a choice between two stocks to put an order in for the week and promises good things on the horizon for both. In doing so, he feels the guys have earned the right to have a little more control over their own moves. Ed also goes over what's been happening in the market lately and how he's waiting for stocks overall to "consolidate".

At the same time he warns the audience how the news can prop up the market or vice versa and so, as an investor, you want a strategy that's effective outside of that. David is showing the signs of an impatient trader. Ed claims the stocks actually "talk to him", which freaks everyone out. And lastly, a shout out to another super fan. You too, can be a super fan by following the show at http://Facebook.com/edsgotmymoney or http://twitter.com/edsgotmymoney and http://youtube.com/user/edsgotmymoney

Ed had the boys in on a stock, HEMP, and after an emergency sell off the profit was 10%. David shares how this first trade made him feel and seems overly eager to get into the market despite the DOW's overall dip lately. Ed reminds them why it's important not to jump all into the market when it's moving drastically down and why that goes against his "80/20" investing strategy. While the fellas are getting their feet wet and feeling the anxiety that goes with that, producer Jason shares that he's made over $500 since we began this podcast. SUBSCRIBE and FOLLOW at http://facebook.com/edsgotmymoney and http://twitter.com/edsgotmymoney

Ed had Jonesy and David pull the trigger and invest all of their $500 in HEMP. Why has Ed been "stalking" this particular stock? But where did Ed get the target # to invest in this? And why did he have them immediately choose a target sell price and lock it it with a sell order? The guys have a lot of questions such as, "Can we invest in Pornhub?" http://facebook.com/edsgotmymoney

David finally has a trading account setup. Ed texts Jonesy and David their first stock orders to get them into the game and get a feel of what it's like to actually make trades. What's a bounce? What's a "GTC"? Where does Ed get his target numbers on these pot stocks? http://facebook.com/edsgotmymoney

David has finally opened a trade account. Ed tells Jonesy that his stock choices aren't so great and gives his own stocks to "stalk". What is a chart, a ticker and a "target price"? Lastly, Ed has gifts for everyone.

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David dropped the ball, but Jonesy opened a personal online investment account. Ed explains the benefit of using the investment app, describes a recent investment success story and shares his own strategy, the "Fling Strategy". The episode ends with Jonesy's five stock choices based on no strategy.

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