Smalltime Model Portfolio's First Purchase

With $150 to start I won't be able to get many shares but if I am able to make 35% - 40% in a day or two, I will take the cash and have more to work with. I am going to have to trade too make this $150 grow. The Smalltime Model Portfolio will consist of companies I have chosen based on their long term prospects, but in order to generate more cash to buy the 5 or 6 companies I want to hold, I am going to trade using some of trading knowledge I've gathered over 2 years. The purpose of this account is for the reader to learn along side of me, not for me to instruct anyone. I do feel as though I have learned enough that I can be of some help by showing the readers what NOT to do from the mistakes I've made and learned from. Patients is the name of the game in investing. The trading side is a little different. Both are better undertaken after much study but trading requires on the fly decision making and some basic understanding of stock charts. When you trade you need to know the price history of the stock you are trading and the ranges that the price has been known to fluctuate in. From here you need to be up on all the latest company news including news about the state of the company's finances so you don't get hit by a hidden balance sheet boogeyman. Knowledge is key in the investing realm and Smalltime thinks that the internet gives the home investor an edge that he/she was unable to attain prior to online trading.