Michael Estabrooks

So we are nearing the end of the year. One of my goals this year was to read 1 book a week or 52 books this year. Unfortunately I have only read 25 books. I tried to reach the goal and I obviously still have time, but I just let myself get to far behind. I was not being consistent of reading 1 hour each day. I prefer to read in the morning, but if I do not get it in I work on 1 hour before bed to…

Problem Solving my MacBook Pro

As I mentioned  in my previous article on maintenance and reinvestment, I took my MacBook pro into the Apple store to get it troubleshooted by their Genius bar. I must say the Genius bar is fantastic since they never charge you a thing to get any Apple product looked at whether you bought it from the Apple store or not. Anyway, they told me I needed a new hard drive for my laptop but wouldn’t put…

What a Week! – Weekend Update

What a wonderful week it has been. I spent the last 6 days in Aspen exploring the outdoors, eating great food, and getting time with the people important in my life. I also got to spend a lot of time catching up on my to-do lists that I had not gotten around around too the past couple of weeks. Reason I did not get around to them was I was wrapping other projects and assignments that had to be…

Local Businesses, we need to visit them more

Since I moved to my new place my fiancee and I have been trying to visit more and more of the local businesses, mainly coffee shops and restaurants. For years we would go out to our local Starbucks and get our specialty coffee for her and well a large black coffee for myself. On a side note, I am not really a specialty coffee person. I love drinking espresso and dark, strong black coffee. All…

I am currently writing today blog post at my local Apple store while waiting for my appointment to get my Mac Book Pro looked at. As you could imagine it is not working so I need to 1) pay for some maintenance and while they have it in to do work 2) make some investments into it for longevity. The laptop broke back in March 2014 after having problems for months and I was too stubborn to invest…

Today was one of those days where I was not ready to get up when the alarm went off. I didn’t get a great quality of sleep even though I was in bed just after 9pm. I will not let the excuses of feeling tired, or not feeling motivated in the morning ruin my day or allow me to create procrastination in my life. How do I handle these types of days? Motivational Quotes or Videos. I created a post…

Procrastination & Fear can ruin us

Wow, can we all say that it has been WAY to long since I have written anything on this website. I don’t know about anyone else but even I don’t believe the date since the last blog post. January 3rd of 2014. Seriously 2014!! It is like I fell off the face of the planet and maybe died. BUT I didn’t and here I am trying to get back into writing again. Now I will not even try to explain why I…

Day Trading Watch List 2-25-2014 $IDRA $KNDI $P

Tried to take things slow today, but still got a bit distracted by alerts in chat and started into a position before it had the set-up and entry spot that i was wanting. FB was the big culprit, but once I began waiting nailed P and INO nicely. I used smaller size today than I was last week. Finished +$120 after fees plus $252 before fees.

If you are looking for an extremely professional chatroom…

What Did I Learn From My $1200 Down Week

As I mentioned in my watch list for February 24th I ended up losing $1,200 last week (February 18th – February 22nd 2014) with $666 of that coming on Friday. Below I will be describing what I did wrong and what I learned to stop the problems this week.

1) Gambling vs Trading

So the first thing I did wrong especially Friday was I tried to make money back and instead of waiting for set-ups I know…

Day Trading Watch List 2-24-2014 $IDRA $XOMA $ACAD

Before I get into the watch list, below is a quick recap of how I performed last week. I will be doing a specific post talking about what I did wrong exactly and what I am taking away from last week and what I will be doing specifically this week to improve and come back.

Last week was one my worst week of this year losing $1,200 with $666 of that on Friday. I was coming into last week doing a…

Day Trading Watch List 1-20-14 $MXWL $CCXI $ESI

Another super fun day in the markets and in the InvestorsLive Chatroom. The hardest thing to do…

Day Trading Watch List 1-9-14 $P $CSIQ $HIMX

Another super fun day in the markets and in the InvestorsLive Chatroom. The hardest thing to do…

Day Trading Watch List 1-8-14 $LIVE $P $YY

Another super fun day in the markets and in the InvestorsLive Chatroom. The hardest thing to do…

Day Trading Watch List 1-7-14 $HIMX $P $IDRA

Today was another amazingly exciting day in the InvestorsLive chatroom. There were way too many…

Well the first two trading days of 2014 have passed and all I can seriously say is WOW. The opportunities are endless. There are plays happening long and short, swings or intra-day. The market has so much money flowing into and positions being sold and…

As per my 2014 Goals and Inspirations post I said I would be putting up the list of books I plan on reading throughout the year. I will be updating this list as I find new books and as I finish reading a book on the list.

2014 Reading List

Lean In:…

Day Trading Watch List 1-3-14

Market was crazy today. SPY was not positive which many traders and investors were looking for, but…