Tuesday, December 31, 2019

Tuesday 12/31/2019

    This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.



2% Monthly profit needed to stay track for 24% yearly has been exceeded.

      $156.94 self imposed December trading limit.
     -$   8.48 invested 2 WPG @ $4.24 
     -$ 61.60 invested 1 VZ @ $61.60 (ex-date 1/09)
     -$ 35.10 invested 2 CXW @ $17.55 (ex-date 1/03)
      $ 51.76 balance to invest

      
7:20am (CST)
Entered "GTC-EXT" SELL orders
     2 WPG @  $ 4.40
     1 VZ @ $62.15
     2 CXW @ $18.22


     The last trading day of the year and as usual on a Tuesday, I will be away until noon. I could sell WPG at a lose (for tax reasons) and charge it off against my profits but it represents such a small percentage of my portfolio and this years gains (in $ amounts not % gains) are small.


Disclaimer, I am not a professional.

Monday, December 30, 2019

Monday 12/30/2019

       This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.


2% Monthly profit needed to stay track for 24% yearly has been exceeded.

      $156.94 self imposed December trading limit.
     -$   8.48 invested 2 WPG @ $4.24 
     -$ 61.60 invested 1 VZ @ $61.60 (ex-date 1/09)
     -$ 35.10 invested 2 CXW @ $17.55 (ex-date 1/03)
      $ 51.76 balance to invest

      
7:15am (CST)
Entered "GTC-EXT" SELL orders
     2 WPG @  $ 4.40
     1 VZ @ $62.15
     2 CXW @ $18.22



Disclaimer, I am not a professional.

Saturday, December 28, 2019

My #1 Way To Beat the Market

      This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start. 


     YOU DO NOT HAVE TO BE A GREAT STOCK PICKER, JUST DO NOT BE A BAD ONE.

      I beat the market averages because I use my money more that once in any given month. I will show you how that works.
 
     $100 invested all month can only return profits (or loses) 1 time in that month.

     Even if I only invest $75 of my $100 twice (buy $75 in stocks, sell at profit - repeat), I now have the opportunity to make a profit on $150 (1&1/2 times my $100) If I do that 3 times, I have the profit potential from $225 (2&1/4 times my $100).

     The $100 invested all month will see daily ups and downs (unrealized on paper) and may or not end the month higher.
      By taking profits and just reinvesting the principle (not the profits), I am assured of some profit from the month even if the market is flat (closes where it opened with no gain). I have make some profit even if the market closed lower.

     I never give back my profits in any given month. Each month is independent of another. Even if I just mimic the market returns, I have beaten the market profits because of the leverage created by my trading.

     Please read and re-read this until you fully understand it.



Disclaimer, I am not a professional.

   

   

Friday, December 27, 2019

Friday 12/27/2019

  This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start. 

2% Monthly profit needed to stay track for 24% yearly has been exceeded.

      $156.94 self imposed December trading limit.
     -$   8.48 invested 2 WPG @ $4.24 
     -$ 61.60 invest VZ @ $61.60 (ex-date 1/9 $0.615)
     -$ 35.80 unsettled fund
      $ 51.06 balance to invest

      
7:15am (CST)
Entered "GTC-EXT" SELL orders
     2 WPG @  $ 4.40
     1 VZ @ $62.15

     RAD is still going higher but as always, do I want to risk buying it at these levels. I will not buy pre-market but will see how it acts after the market opens. 
     
     From my experience, a stock is "over-bought" (the price goes higher, meaning more buyers than sellers) after good news but sooner or later buyers will decide the price is getting too high and the number of sellers will out number the buyer (driving the price down).

     Remember the stock market is an AUCTION.  The price someone is willing to pay determines stock prices. 

9:20am (CST)
Enter "Limit-Day" BUY order
2 CXW @ $17.55 (11:02 FILLED)

Disclaimer, I am not a professional.

     

Thursday, December 26, 2019

RAD trade 12/26/2019

      This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start. 

     The market is doing its usual December climb and I could not find a dividend stock that I was comfortable buying at the current prices.

      RAD (Rite Aid Drug Stores) have been up every day since their "earning announcement" on 12/19/2019.

 
     $36.70 sold 2 RAD @ $18.35
    -$35.80 buy 2 RAD @ $17.90
     $ 0.90 profit (2.5% ROI)

     A nice little "day-trade" profit. It flirted $17.70 or so to just above $18 a few times before heading up again and taking me out at my "limit-day" order of $18.35.

     With no dividend to fall back on, it was purely a rise on "earnings" play.

Disclaimer, I am not a professional.


Thursday 12/26/2019

  This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start. 

2% Monthly profit needed to stay track for 24% yearly has been exceeded.

      $156.94 self imposed December trading limit.
     -$   8.48 invested 2 WPG @ $4.24 
     -$ 61.60 invest VZ @ $61.60 (ex-date 1/9 $0.615)
      $ 86.86 balance to invest

      
7:05am (CST)
Entered "GTC-EXT" SELL orders
     2 WPG @  $ 4.40
     1 VZ @ $62.15

I consider the market vastly over-bought (high) and need at least a 2% pullback of any stock on my watch list.

     BGS 
     CXW 
     TNA 
     MUR 
     GPS
     VTR 

9:50am (CST)
Enter "Limit-Day" BUY trade
2 RAD @ $17.90 (9:59am FILLED)

10:05am (CST)
Enter "Limit-Day" SELL order
2 RAD @ $18.35 (1:37pm FILLED)

  
Disclaimer, I am not a professional.

 

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