Outside SHS - Vincent Damato, Day Trading Expert

posted by Jeffrey Wolf   [ updated ]




By: Korey Alder, Co Editor-in-Chief

Posted October 17th, 2017


For this installment of Outside SHS, I spoke with Vincent Damato about his hobby: day trading. Day trading is a type of market strategy in which an investor buys and sells securities within one day (rather than over the long term), hoping to make a profit off of short term market changes. Vincent described his experiences to me, providing insight into this interesting hobby and profession.


What’s your activity?


Day Trading


When did you start day trading?


I first got into day trading at the beginning of middle school with a paper trading account. Once I started noticing consistent gains and developed a strategy, my father gave me the privilege of investing real money.


How did you learn about this activity?


One day I noticed my father watching “Mad Money” by Jim Cramer.  I was so amused by this market and the liquidity to it, I had to dip my toes in the water. I decided to purchase a book Day Trading by Justin Kuepper to get a grip of knowledge. This book gave me a good understanding, and was followed by my second book Technical Analysis for Dummies.


Do you feel you’ve learned any valuable lessons?


One thing I’ve definitely learned is to trade with your strategy and not your emotions. The market can fluctuate depending on the type of equity you decide to invest in, and it can often be stressful. If you stick to your initial game plan, having a goal for each position, things are much easier.


Does this activity have something connected to what you would like to do after HS?


Most definitely, I would love to pursue career among a proprietary firm.


Do you find this activity satisfying?


It’s always nice when you can end the day with some return. However, I wouldn't say it’s necessarily satisfying. I’d have to say the best feeling is watching a setup you use repeat itself, being consistent.


What is the greatest misconception about trading?


The greatest misconception about the stock market has to be “Get rich quick!”. The market holds incredible opportunities, but no one gets rich overnight. It took me about three years until I actually starting seeing consistency in profits. Many people will try out the market and give up because they start losing money. Losing money is all a part of the game and shows the importance of having a trader's’ checklist!


Why should other people take up day trading?


Trading is a great opportunity for others to invest their money based off their own knowledge. I feel that trading isn’t for everyone but once you get the hang of things, you will enjoy it.


What would you suggest to other students interested in the stock market and trading?


I’d suggest to give it a try! There are multiple websites out here as well as brokerages that offer a paper trading simulator. You’ll basically start with $100,000, seeing what it’s actually like to place live trades and watch the market. One thing I have to say about paper trading, though, is that there’s nothing to lose. If you ever want to invest your real money, always start with a small amount and get a feel for what it’s like losing your hard earned money. You’ll notice quite the difference when it comes to holding a position through a rough patch.


Many people see the stock market essentially as gambling. Do you think this connotation is undeserved and why?


I’d have to say the stock market is an exception from pure gambling. Yes, nothing is certain in the market but if you put your mind to it you can become successful. As to every single investment out there, there’s a risk/reward. It’s up to you what you want that ratio to be with the capital you use.


Is trading profitable for you (omitting specific numbers) and do you think it is worth the time and effort that it takes to learn how to trade effectively?


Like mentioned previously, it took me a little bit to get going. I think that trading is a great hobby/profession that teaches you how to manage your money, as well as keeping you informed on our current economy. Everybody has their turning points and are notorious for opening crashes. If there is one thing to take away from all of this is discipline, and just sticking to your game plan.


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Outside SHS is a series of articles by the Nite Crier showcasing student activities outside of school. If you are interested in being a part of one of these articles (don’t worry, a formal interview isn’t required!), please follow the link below:

https://goo.gl/forms/hDBvKpzgawE04oUg1


A Unique Adventure: The Kenosha Civil War Museum Field Trip

posted Oct 16, 2017, 12:42 PM by Jeffrey Wolf


By: Elizabeth Briggs, Entertainment Editor

Posted October 16th, 2017


On October 3rd and 4th, sophomores in the American Studies I class boarded buses to Kenosha in order to spend the day at the Kenosha Civil War Museum. They started off the trip with exploring the museum for some information on their assigned projects. The students later split up into groups and looked at all the different exhibits. After they had some time to look through the exhibits, they all met up to watch the screening of a 360 degree movie on the Civil War. The movie was about 10 minutes long and included very personal perspectives on how the Civil War influenced people at the time. It made history seem much more real and made the stories you read connect to actual people. After viewing the movie, students were given more time to look at the exhibits, and then joined together for one last part of the trip. This part was a presentation made by Mr. Acker on the many conditions soldiers had to experience during the war. He brought along many props that he uses for reenactments that made the whole time very interesting. Students were given the chance to try and assemble themselves into lines similar to what those in the war might have done. This turned out to be quite difficult because we were inexperienced and had never done anything like it before, which we were told was also a problem during the war. Lastly, students came together again to eat lunches and boarded the buses again to head back to school.


This trip was a unique experience compared to other museums because it was very hands-on and told history from a different perspective. Students enjoyed it because it was much more real than other museums they had been to in the past. Overall, the field trip was a success.


German Club destroys Spanish Club in their Annual Soccer Game

posted Oct 12, 2017, 4:42 AM by Jeffrey Wolf

By: Abbie Schmidt, Co-Editor-in-Chief

Posted October 12th, 2017


Thursday, October 5th, 2017, marks the most recent time Spanish Club has lost to German Club for at least 4 years in a row. Spanish Club was crushed, scoring only one goal compared to German Club’s nine. Spanish Club’s one goal was scored by freshman, John Melville. Hopefully, they can score more next year and claim a win.


Saving Lives with the Bloodcenter of Wisconsin

posted Oct 10, 2017, 11:42 AM by Jeffrey Wolf

By: Chloe Schmidt, Staff Writer

Posted October 10th, 2017


On Tuesday night, my dad texted me asking if I wanted to donate blood with him the next day at Northbrook Church. I was a little hesitant (mostly because it was a school night) but nonetheless, I accepted. I always wanted to donate blood- somewhat because I wanted to save lives, but mostly because I wanted to know my blood type.


I’ve wanted to know my blood type for a while now, mainly because I’m afraid of an emergency happening and I want to be prepared. The doctors office told me that I need to have a test to know my blood type and that test costs money. When we transferred our files to a new doctor, they told us the same thing, adding that the best way for me to find out my blood type would be to donate blood.


My dad and I made Bloodcenter of Wisconsin accounts that night and signed up to donate blood the next day. The next night we arrived at the church to donate blood. Even though my birth year was one the choices when I signed up (even having a 2002 option) one of the nurses told me I couldn’t donate. She said that I don’t weigh enough for my height-which I found unusual, because according to the school chart when the blood drive comes around, I did weigh just enough to be able to donate. After a lot of researching on the Bloodcenter of Wisconsin’s website, I discovered I was just three pounds less of being eligible to donate. She then said that I could donate when I’m nineteen- I’m unsure about that, because it’s not like I’m going to weigh a lot more then than I do now.


Although I couldn’t donate blood, other people should. Blood is used for several types of medical procedures, each one just as important as the last. The Bloodcenter of Wisconsin’s blood goes to over 50 different Wisconsin hospitals- who knows, the blood you donate could go to someone near you. On a lighter note, they give out stickers.


Trump Speaks at the United Nations Assembly

posted Oct 9, 2017, 10:40 AM by Jeffrey Wolf

By: Elizabeth Briggs, Entertainment Editor

Posted October 9th, 2017


On September 18th, Donald Trump addressed the threat of North Korea among a couple other things at the United Nations Assembly. He explains how North Korea has become quite reckless and cruel to its citizens along with the world as a whole. Trump refers to Kim Jung-un as “rocket man” in light of the many threats he has made towards the US. He also includes that the United States is willing to wipe out North Korea if it comes to it and that other countries such as China and Russia have decided they must do more than what they are already doing to stop North Korea from causing damage. Trump says they must “isolate the Kim regime until it ceases its hostile behavior.”


Additionally, Trump spoke on Iran using its profits to hurt their own innocent people and that they have little to no power to stop it. The Iranian people are not being given anything by their government and expected to survive on their own without their earned money. Trump said, “Will they continue down the path of poverty, bloodshed, and terror, or will the Iranian people return to the nation's proud roots as a center of civilization, culture, and wealth, where their people can be happy and prosperous once again?”.


Overall, the speech shows Trump’s thoughts on some major problems in the world today and shows his ideas for solutions. He asks for help and support from other countries in fixing these issues and improving them. After speaking of Iran, he does include a part on terrorism in the Middle East along with migration and immigration, which is something very real and relevant at this time. The whole goal of the assembly is to bring the world together in a time of crisis to overcome issues.


Celebrate National Hispanic Heritage Month

posted Oct 4, 2017, 4:41 AM by Jeffrey Wolf

By:  Britney Prada, Staff Writer

Posted October 4th, 2017


National Hispanic Heritage Month, also known as “Mes de la Herencia Hispana” in Spanish, is the month where all Hispanic and Latino Americans in the United States celebrate and praise their culture and heritage. This celebration starts September 15 to October 15th. These Latin Americans from South or Central America including Puerto Rico and any other Latino or Spanish origin, help shape the North American society and what it is today. This month is about learning the traditions and the ways Latinos contributed to our nation. The Hispanic Heritage Month falls on the day September 15th because it is the anniversary of independence for Latin American countries Guatemala, El Salvador, Costa Rica, Nicaragua, and Honduras. Another reason is, the days September 16th and 18th are the independence days of Mexico and Chile. Also, Dia de la Raza (Columbus Day) which is on October 12th falls within the 30 day period perfect for the celebration month.


Nite Crier Word of the Day Contest Winner

posted Oct 2, 2017, 5:02 AM by Jeffrey Wolf

Congratulations to Josh Keagle.  Josh wins a $25 gift card from the Rookery.  Stay tuned for more Nite Crier contests throughout the year and thank you to everyone who participated in this last contest.

Go Owls!

Homecoming 2017 - Day 4 Dress Ups: Scrabble Day (Photo Essay)

posted Sep 29, 2017, 5:01 AM by Jeffrey Wolf


Multiple students think that Math rocks!

The SHS English Department supports the Word Nerd in us all.

The Foreign Language Department gets in the act.

The Social Studies Department makes History.


Photos courtesy of Amy Keliher

Homecoming 1/2 minute update: It's Friday and time for some Slinger pride.

posted Sep 29, 2017, 4:31 AM by Jeffrey Wolf


By: Hannah Ritger, Staff Writer

Posted September 29th, 2017


Today’s the day we’ve all been waiting for! I hope everyone is flaunting their Slinger Pride today at the pep rally, at the parade, and most of all, at the game! Here’s an interview with Mac Stoffel to wrap up the week.


Name: Mac Stoffel

Grade: Senior

Jersey Number: 88

Favorite Color: Blue

Favorite School Lunch: Tacos

Favorite Class: Global & Domestic Issues

Favorite Song: All I Do is Win by DJ Khalid


Q: What is the key to winning Friday’s game?

A: The key to winning Friday's game is having that confidence to make no mistakes. Always be prepared to make a play.   


Homecoming 1/2 minute update: Thursday for a double word score.

posted Sep 29, 2017, 4:29 AM by Jeffrey Wolf   [ updated Sep 29, 2017, 9:30 AM ]


By: Hannah Ritger, Staff Writer

Posted September 29th, 2017


Happy Scrabble Day! I hope everyone participated in today’s fun dress up day inspired by my favorite board game! Speaking of board games, today I have some double trouble for you! Not one, but TWO interviews!


Name: Ben Hoitink                       

Grade: Junior

Jersey Number: 66

Favorite Color: Blue

Favorite School Lunch: Calzone

Favorite Class: Global & Domestic Issues

Favorite Song: Alive by Pearl Jam


Q: What is the key to winning Friday’s game?

A: The key to winning Friday's game is playing together as a team.


Name: Jeraed Lighthizer

Grade: Junior

Jersey Number: 5

Favorite Color: Blue

Favorite School Lunch: Chicken Tenders

Favorite Class: Woods

Favorite Song:  Get Right Witcha


Q: What is the key to winning Friday’s game?

A: Defense.


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