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Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
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  • Joe Campbell Will Live To Trade Another Day

    Losing money is part of the game when trading stocks for a living.Joe Campbell is not the first,nor will be the last to lose six figures on a broken trade.His short on $KBIO looked destined to sink under a dollar until an Investor group bought more than half of the company's shares.They made the equity trade in after hours on Wednesday spoiling Mr.Campbell's mid-week evening.He has taken some heat for his Go Fund Me page plea for help on his six figures loss.Joe has been victimized by a very rare occurrence similar to being hit by lightning.Who knew someone would save this struggling Biotech at the last second sending the stock soaring? Not many traders could have seen this coming so Joe needs a hand up after getting knocked to the Wall Street canvas.I tell everyone all the time that trading for a living is a hard job on good days let alone getting blind-sided by a hedge fund meteor.Trading biotechs is also a very nerve wracking venture even for the highly skilled.I will not be donating any money to Mr.Campbell but I will offer some advice.Do not dwell on this one trade for too long and do not touch your Wife's 401K plan under any circumstance.If you do this trade will live on in infamy and a quiet day in retirement will never exist forever.I wish you well in all future endeveavors.

    Tags: KBIO
    Nov 19 11:59 PM | Link | 2 Comments
  • Back To Work In September

    As the Summer winds down to a close,the month of September signals the start of a regular work schedule once again.Kids are starting school and the shrieks of August finally die down.Getting back to full-time trading is the order of the day after meeting the new teacher and everyone has a daily purpose.The chaos in the Markets at the end of August probably cut short some trader's vacations but it was going to end anyway.This is one of my favorite times of the year with Pennant races ( Go Mets ) Football and the air turning crisper by the day.I vow to write more now that my time is my own and everyone is busy with their homework.September will be an interesting one for the Stock Market if the August Swoon is any indication.The off time will recharge the batteries for the trading possibilities that abound.I am ready for whatever comes my way,A Fed Hike,China Troubles,or a Black Swan event not yet on the radar.So let the games begin and good luck to all the traders out there.The last one off the Beach,please close the gate.

    Sep 04 12:39 AM | Link | Comment!
  • Watch Out For Potholes This Summer

    After a long harsh winter is over numerous potholes appear on the roadway.Eventually most get repaired while a few go unnoticed close to Memorial Day weekend.One hole where I live seems to have jurisdictional issues with no one willing to take ownership of it.Hopefully it will be filled soon so our thoughts can return to wonderful Summer days.The Market is slated to begin it's slow period where top trading honchos head to their beach houses to prepare for the summer season.They will make sure everyone has done their jobs painting,cleaning,and sprucing up the fruits of their labor.This summer has a strange feel as if a distant storm may well be approaching.You might have sensed this in 2008 as the dark clouds of the housing bubble were first seen in the distant.I for one will keep an eye for any problems that may crop up in the dog days of summer.I learned that lesson in 2008-2009 and lived to see the future as a trader/investor.Remember to watch out for the pothole that was not filled as that will be the one to jar you on a hot summer day.Oh,there goes another boat heading to the Ocean. Have a great Holiday weekend,everybody.

    May 19 11:36 AM | Link | 2 Comments
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