1% Profit for Stock Hustle

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A lot of people will give you their angle on how to make money on Stocks. Now I’m no different from them but I’ll simply explain game to you so you can decide for yourself. Again, I am not a Stock Broker I am just a cat who sat down and tried to apply my own theory. So far I’ve done pretty good so below is an example for you to review.

Let’s start off with 10 Grand because you need to be all in on this not that diversified crap.

Every week I look up what companies are going to report earnings the following week. Reporting earnings is when a company lets the public know that they either surpassed or failed to meet estimates. Estimates are when stock brokerages guestimate how much money a company will earn in profits for that quarter. So they will say GE should earn $2 in earnings then GE will come out and say actual earnings are $6. So when the company reports and it beats the estimates the stock goes up! Estimates usually come out quarterly(every 3 months) but each company can report on their own fiscal calendar aka when they decide the quarter is for them.

So every morning I log into my Scottrade Account and I wait for the earnings news to hit on CNBC. Once they announce that GE beat estimates I put all my money on GE and buy that stock.( Now to buy the stock Scottrade charges me 7 bucks). So after I buy that stock I go and workout! I know some of you are shocked but if they beat estimates the stock is not going to fall back down under where I bought it for. The game is buying as soon as they announce.  The stock will go up at least 1% depending on how much they beat estimates. So 1% of 10K is 100 bucks. Now most of the time it’s more than 1% but that day I made 100 bucks. The next morning when the stock market opens I sell that stock  (Scottrade charges me 7 bucks) and get ready to buy the next stock based on when they report earnings.

Now to some of you you’re saying you should sell it when it hits it’s peak! True but that’s greed and that’s called Day Trading. All I want is 1% everyday and at the end of the week I made 5%. So let’s do the math….

10K buy GE on Monday and it goes up 2% = 200 – 7 to buy & 7 to sell so NET 186 bucks!

10K buy C on Tuesday and it goes up 3% = 300 – 7 to buy & 7 to sell so NET 286 bucks!

10K buy Amzn Wednesday and it goes up 2% = 200 – 7 to buy & 7 to sell so NET 186 bucks!

10K buy Baidu Thursday and it goes up 4% = 400 – 7 to buy & 7 to sell so NET 386 bucks!

10K buy BS Friday and it goes up 8% = 800 – 7 to buy & 7 to sell so NET 786 bucks!

At the end of the week I made $1830.oo without losing 10K because I wasn’t betting on iffy crap I was only putting my money on the ones that beat estimates. The next week I start off with 11830.00 to start the cycle all over again looking to only make 1%.

So what do you do when there are no estimates for the week? Well now we play the game of seeing what stocks are moving up fast. If you watch CNBC they will let you know when a company just got approval from FDA that shoots the stock up, Tivo won it’s lawsuit and that shot the stock up, sometimes consumer confidence numbers being positive shoots the stocks up. If you are there at the time that it’s reported you will make money. In fact when others hear about it they will drive the stock even higher.

Now remember the rule all I want is 1%. Everytime I place a order I put a Sell order on the stock if it ever goes 1% lower than when I bought it. That way if I lose I only lost 1%, but if I win it can go to 22%! Yes, I have had stocks that went up 22%! As you get your Stock education up you’ll see stocks that keep going up like when I recommended Ford and Citibank! I saw these stocks kept moving so after I got past 1% I kept letting the money ride and moving up my sell order to 1% below where it closed the previous day. This way I was betting with the house money but I never lost my gains.

This is exactly what I do everyday and have been doing for the past year.  I am beyond the point now where I can simply pick stocks and not go to work at all. I make enough to support my life with extra left over. So what’s the goal of this post? Get the 10K needed to play this game and be disciplined to making 1% and being happy. We are not Stock Brokers and we are just rolling with the winners but, we can make 1%  a day for sure. If the stock market is bad that day don’t fret you probably made way more than 1% the previous day. Sometimes I make 18% a week and so if I lose 1% who cares I am still up for the week right?

I know this angle seems slow but do the math. 86 bucks a day times 5 =430, 430 X 4 weeks = 1720 a month! So 1720 a month and you’re not adding up that you actually have more than 10K in there after the first week. So you’ll have closer to 2ooo a month profit. Stay disciplined and wake up early and go all in. It doesn’t work if you keep putting 2k here and here and here. The math only works when you are all in. Now I’m on the West Coast so I wake up at 530 to be able to play when the stock market opens at 6:30am!

Email me at freeman@riseandgrind.com if I lost you. Remember I am not a Stock Broker, I am just sharing my angle with you and you can decide if you want to take a shot at it. See I have no loyalty to the game or any one stock I am only playing to make my 1%. So I buy all kinds of stocks even ones I never heard of at all. It’s not about all that it’s about them reporting they beat estimates and me buying in right at that moment!

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