Thursday, October 31, 2019

October Monthly Update

     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. 

OCTOBER, 2019  None of this would be possible without the free trades NOW being offered.
( This is a short month as I only started on Oct 14 )

 $50.00 cash balance = this is my trading balance for the month
Our goal is 2% profit for the month (2% 0f $50 = $1)

Yearly goal of (2% x 12 months) 24% - 7.22% = 16.88%

Red date = day-trade
14.
15.
$50.00 + $1.00  APA profit = $51.00      
16.
17. $51.00 + $1.00  APA profit = $52.00      
18.

21,
22. $52.00 +  $0.79  TRGP profit = $52.79      
23.
24.
25. $52.79 + $0.82  HP profit = $53.61

28.
29.
30.
31.                                                        
                $3.61 profit (7.22% gain on my starting $50 balance)


Market October 14 (my start date) - Oct 31.  DOW- up .05%, S&P- up 2.5%

 $50.00 starting balance
 $  3.61 profit
 $53.61 ending of October
 $50.00 November contribution
$103.61 investable in November
- $39.05 invested in HP
- $ 9.69 invested in AROC
$54.87 cash on November 1

With $103.61 to invest in November, my 2% goal is $2.07 profit.

Disclaimer, I am not a professional. 

Thursday 10/31/2019

     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. 

8:00am (CDT)
     I will enter a
"Limit Order" to sell 1 share HP @ $39.85
"Limit Order" to sell 1 share AROC @ $9.89

     I can adjust if needed but I like to have the orders in place in care I have to leave, I loose internet connection, laptop dies or any number of reasons I can not place an order.

     No trade today, I will simply carry these over into November. My next post will be my October recap and explain the process.

     Remember any stock still in my account is paper loses or gains and is neither a lose or a gain.

     Per my $50 a month challenge I will add $50 to my account and the new account amount will be my balance for trading the entire month.

Disclaimer, I am not a professional.
   

Wednesday, October 30, 2019

Wednesday 10/30/2019

     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. 

7:30am (CDT)
     Entered a "Limit Order" for 1 share of HP @ $39.05. It costs nothing to enter , change or cancel an order. 
   
     Blogger is being an ass, I will recap my day.

     $50.00 in invest
   -$39.05   1 share HP @ $39.05
  - $  9.69   1 share AROC @ $9.69
     $ 1.26  balance

5:45pm (CDT)
     My HP trade closed down nearly $1 from my purchase price. This is just a paper loss and nothing that will not happen from time to time.
      I don't like it but it will show how I deal with my account when this happens (yes, it will happen to you too). Stay calm and remember if it does not recover before 11/7, I will receive a dividend of $0.71.
     



     

Tuesday, October 29, 2019

Tuesday 10/29/2019

     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. 

7:30am (CDT)
     It's Tuesday and life again gets in the way, I will leave about the time the market opens and will not return until after the afternoon (hopefully a couple hours before the market closes).

     Trades can be made on the "smart phone app" from your broker, but I am a Neanderthal and still prefer my "flip phone". I could take my laptop buy I really will not have much time to use it.

     Watching
CVI (ex-date 11/1) needs a substantial pullback and a limited number of days to recover before 11/1, but a dividend payout of $.80 is close to my 2% (if it gets a large pull-back today).

HP (ex-date 11/7) had a pull-back yesterday and an another might come today (the futures point to a lower opening at this time).

8:02am (CDT)

AROC (ex-date 11/6) not a big % mover (not always a bad thing) but might be a small be safe (relative speaking) play.

We are only buying on a pull-back (price drop) today!


8:31am (CDT)
   Entered "limit order" 1 share HP @ $38.80.

3:15pm (CDT)
     Another day without a trade (No trade is better than a bad trade). When entering a trade that I know I can not watch, I always enter an extra advantageous price.

Disclaimer, I am not a professional.

Monday, October 28, 2019

Limit Order vs. Market Order

        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. 

     For now we will just be "BUY" or "SELL" orders. Pretty self-explanatory. Either order can be placed as "MARKET" orders or "LIMIT" orders.

     MARKET order are just what the name implies. Buy or sell at the market price.

    For you order, Market price is "NOT" the LAST traded price, but the NEXT traded price !
       Please the the "RED" statement AGAIN.


      The stock market is an auction and the same rules apply.
  This is an "after hours" chart and the price differences are larger but it REALLY explains
 what can happen using "MARKET ORDERS".

     You see the last price is $39.64 and think I will" buy" at that price but none are now selling at that price. The 1st sellers wants (ASK) $42.00 and a "market order" will pay $42.00, UNLESS by the time your "market order" gets routed, all those at $42.00 have been sold. NOW the next "ASK" is $46.00 and you will pay THAT!

     Own it but want to "sell" it. It works in reverse. You will not get $36.64 but $38.12 UNLESS the buyer has now purchased, then the next "buyer" is only willing to pay $36.00 and your "market order" will be filled because that is "the market".
   
     The ONLY good thing about a "marker order" is that it will be filled at "some" price.

     LIMIT BUY ORDER, with a "limit order" you dictate the price you want your order filled.
"Limit Buy Order" is the highest price you will pay for a stock (but you would pay less if any are available.
     LIMIT SELL ORDER, least about you will take ( but you would take more).

     GOOD, you name your price, BAD, that price might not be achieved.

     I only use "limit orders"!! Remember a "limit order" can be ANY price. You can put the price at "BID" or "ASK" if you want to. 

Disclaimer, I am not a professional.

Monday 10/28/2019

     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. 

8:20am (CDT)
     $50 to invest today but the market looks like it will open higher.

9:00am (CDT)
     Not trading is the hardest discipline to master. Just remember every time you enter a trade, you take investable money out of your account. Even making a small (remember 2% a month is only about 1/2% a week) profit puts your money out of play for 2 days.
     We need to choose our trades wisely and try to keep the hype of the market out of it.

11:00am (CDT)
     I entered a "limit order" on 1 share HP @ $39.28. I have to leave town for the day. You do not have to watch the market with "limit orders".


 4:00pm (CDT)
    Just got home and see my limit order did not get filled. HP dipped below $39.40 but not all the way to my price point of $39.28.

Disclaimer, I am not a professional.

Sunday, October 27, 2019

Paper Gains and Loses

        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. 

     A "paper gain or lose" in your stock brokerage account is referred to as "unrealized gain or lose". It does not matter how far the stock goes up or down, you have a paper gain or lose (unrealized) until you sell the stock.

     I try not to pay attention to that and only focus on my account "real balance". The real balance is cash on hand and what I actually paid for any stock I am still holding.

     I was asked, "Why don't you invest your profits made during the month?"

     Very good question.
     1. It simplifies my bookkeeping. ( I strive for 2% a month and any profit or lose would askew that number).
     2. It makes sure I have fresh money to invest next month should I still be holding all my purchases.
(all my trades are not winners and I need new money to invest until I choose to liquidate any holdings).
     3. It is just my style of trading and bookkeeping (everyone would adapt what works for them).

Disclaimer, I am not a professional.

Saturday, October 26, 2019

Weekly Recap Oct 21-25, 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. 

    We had another solid week, beating our expectations and the market.

     On Tuesday we made a  $0.79 profit on our 1 share of TRGP held overnight. On Thursday we made a $0.82 on our "day-trade" on 1 share of HP.

$0.79
$0.82
$1.61 profit for the week.

     $1.61 profits represents 3.22% weekly gain on our opening monthly balance of $50.



     For the week the Dow Jones (in red) gained .62% and the S&P 500 (in blue) gained .75%.

Dow... .......…+  . 62%
S&P.. ...….....+  . 75%
My profits.....+ 3.22%


Disclaimer, I am not a professional.

Friday, October 25, 2019

Friday 10/25/2019

     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. 

8:00am (CDT)
     Yesterdays trade is now $39.22 unsettled (not tradable) funds in my account and with no open trades, I zero dollars invested but have $11.60 settled funds (after spending $38.40) from my self imposed $50 (October starting balance).

     However yesterday my account balance (settled) was $52.79, so in reality I have I could use $14.39 ($52.79-$38.40) today because I have no money currently invested.

     A purchase today would be subtracted from $50 (self imposed) on Monday when yesterdays sale proceeds are settled. If I use $14 today that would leave $36 on Monday.

5:10am (CDT)
     I didn't make a trade early and I as not buying into a rising market to hold over the weekend. I wil start Monday with settled funds.
   

Disclaimer, I am not a professional. 
   

Anatomy of my HP trade

         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. 

      HP has a dividend ex-date 11/07 and will pay $0.71. As a general rule the stock price will increase in anticipation of the dividend payout.



    As you can see I bought for $38.40 and sold for $39.22 = $0.82 profit. $0.82 is more that the dividend. $0.82 on a $38.40 investment =  2.13% ROI (Return on Investment).

 
    The green shows HP down about 2% at the time I bought the stock. 
    
    The blue shows:
Support = $36.65 (a level where it does not like to go lower)
Resistance = $64.54 (a level where it does not like to go higher)

     I nice wide range and the stock price is toward the support WITH a $0.71 dividend on the horizon. 

     When buying a dividend stock, you always have the dividend payout while you wait for the price to recover should the price drop lower that your purchase price.
     

Disclaimer, I am not a professional. 
     


Thursday, October 24, 2019

Thursday 10/24/2019

     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. 

8:28am (CDT)
     The proceeds from my trade on Tuesday turned to cash overnight and I start with:

     $52.79 cash

     $50 dollar (monthly starting balance) is what I will try to invest. I prefer to keep my profits until the first of next month and add them and my $50 monthly contribution to form next months starting trade balance.

     I have my eye on trading TRGP, HP or MET if they pull back a little.

9:18am(CDT)
     Entered "Limit Order", 1 share HP @ $38.40.

9:20am (CDT
    Order filled.
     $50.00
    -$38.40
      $11.60 available to trade.

    HP (Helmerick & Payne)
 
   
     is down 2% for the day.
     
     I entered a  "Good Till Canceled (GTC)" order for $39.22 (yesterdays close). I will be leaving in a few minutes and do not want to miss a 2% profit should it happen.

6:30pm (CDT)
     Returned home to find my HP @ $39.22 "limit order" was filled at 12:49 (CDT).
this is from my "Sink or Swim" trading platform.


$39.22 sold 1 HP @ $39.22
$38.40 bought 1 HP @ $38.40
$    .82 (2.13 % ROI), 1.64% on $50 October balance.

     This was a "day-trade" but my last was on the 17th (and has fallen off the list) so this is just (1) of (3) that is allowed in the 5 day rolling window.

Disclaimer, I am not a professional.

Wednesday, October 23, 2019

Building Wealth in a Small Account

         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. 

    This blog is not a way to risk everything and GET RICH , I will  BUILD WEALTH  using stocks with an established history.

     Playing "Penny Stocks" offer large gains but they are a "double edged sword". Through the use of small but consistent gains lets me sleep at night while crushing a "buy and hold" strategy.

     My gains will be small because I am using a VERY small account but do not dismiss this because the percentage (%) gains will build this account into one any small investor would be proud to own and continue to trade.

     No, I will not grow $600 ($50 a month) into $10,000 in a year but that is not what I am trying to do.  A 2% monthly gain (24% yearly) will be great.

     If this is something that interests you, please follow my journey and I will try to explain each trade.

     Your respectful comments (good and bad) and questions are welcome. All comments are on moderation and I will read all and post (unless you request your comment or question not be posted).

     Ask a question (posted or not) and I will try to answer it in a blog post.

Disclaimer, I am not a professional.

Wednesday 10/23/2019

     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. 

8:30am (CDT)
     After yesterdays profit of $.79 I start the day with $52.79 but only $10.72 settled (tradable) cash.

10:30am (CDT)
     With the market up about 75 points (about .28%), it appears I will not be trading today.

7:45pm (CDT)
     No trades today buy my unsettled funds well settle overnight. Tomorrow will be a short market day for me as I have to go out of town about noon (CDT).


Disclaimer, I am not a professional. 

Screen shots of TRGP trade

        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. 

  One complaint I have with Sink or Swim by TD Ameritrade is that even though Sink or Swim trading platform updates immediately, their TD Ameritrade website only updates nightly.
     The accrual trades do not show until the next morning.
This shows the trade. You will notice commission ($0),regulation fee ($0) that will not always be the case. 
This shows profit and lose and percentage of ROI.



Tuesday, October 22, 2019

Tuesday 10/22/2019

     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. 

 7:00am (CDT)
     We start the day with 1 share of TRGP @ $39.28 and $10.72 settle cash .
     Letting the trade matureis fine and I know I will be earn $.91 per if I keep TRGP until 10/31 (dividend ex-date).
     Because it was held overnight, it will not be a day-trade even if I sold it today. That frees up a the $10.72 to buy with today. I prefer to never be in the position to not be able to sell at my discretion.

     As always, I start by checking my stock dividend calendar . Dividend paying stocks are not the only stocks I play but at least the dividend gives you some "down-side protection" when your stock selection goes down (yes it will happen). If that happen, check for any news that might have effected it and then I always compare my stock to how the general market is performing.

8:30am (CDT)
     I have to step away from the market for a few hours but my "Limit GTC" order, 1 share TRGP @ $40.07 is still in place.

1:pm (CDT)
     Well I see my order was filled 9:15 (CDT)

     $40.07 sold
    -$39.28  bought
      $   .79 profit (2.01% (ROI) 1.38% on portfolio
   
     I know you are laughing at a $.79 profit but a 1.58% portfolio increase overnight is not bad.
   


Disclaimer, I am not a professional.

Monday, October 21, 2019

Monday 10/21/ 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. 

6:45am (CDT)
     We have $52.00 cash (settled cash), of that only $50 (my monthly starting balance) will be invested at any time.
     We made 4% on your $50 so far this month (only started on the 14th).

Examples:
     $1000 x 4% = $40
     $2500 x 4% = $100
     $5000 x 4% = $200
     Do not underestimate the power of a small account. We all have to start some where.

7:45am (CDT)
     I start my day with my divided calendar , searching dividend ex-dates starting tomorrow and for a week or so. Todays ex-date is to late (ex= means without) to collect the current dividend. I search for 4% or higher annual yields and paying quarterly (4 times a year). That gives a payout of 1% or more per quarter.

8:20am (CDT)
     Looking for possible entry
     OPI  (ex-date 10/25 = 7.1% annual)
     ILPT ( ex-date 10/25 = 6.2% annual)
 
9:55am (CDT)
     Entered "Limit Order" for 1 share TRGP @ $39.28

10:35am (CDT)
    Bought 1 share TRGP @ $39.28
    Entered GTC (good till cancel) @ $40.07





The charts are EDT and I am CDT, hence the hour difference.

    TRGP ex-date is 10/31 with a $.91 per share payout. I would prefer to take less in profits and move on but I have that $.91 to count on if needed.

    $50.00
   -$39.28
    $10.72 available to trade

Disclaimer, I am not a professional.

Sunday, October 20, 2019

Trade Book & Calendar

     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. 

1:50pm (CDT)
     I know your trades are on your brokerage account but please keep a "trade book". A simple spiral notebook works great. I record= day, time, stock symbol, number of shares, price. I just check my "trade book" without having to open my account. A closed trade is drawn thru with a highlighter, red for losing trade and green for profitable trade.
     If you have one or more open trades that are days old this really comes in handy.

     I also use a regular calendar to record my "day-trades". A simple "X" for each day-trade and I can till at a glance how many of the 3 day-trade allowed in a 5 day rolling window are still available to me. Violate that rule and your account will be restricted (cash only trades that you should be using anyway) for 90 days.

     I use "Limit Orders" and never know "if or when" they will be filled. I keep them on a small (3x5 spiral notebook) scratch pad until they are filled (or I choose to change them) and I can transfer them to my "trade book". The scratch pads is also used to record any future trade ideas.

     These are not rules, just suggestions and your record keeping will evolve with experience.

Disclaimer, I am not a professional.
   
   
   
   

Comparing Apples to Apples

     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. 

8:40am (CDT)
      The old saying, "apples to apples" means comparing "things that are alike" and "apples to oranges" means comparing "different things" and different things are not really comparable.
     Comparing your stock market account to mine is comparing "apples to oranges". Even comparing my account one month to the next is comparing "apples to oranges".
     The "apples to oranges" simply means the amount of our accounts have different balances.
     I have a millionaire friend (I am FAR from that) and when we talk about our account loses and gains, we compare that "apples to apples" by using percentages.
     Making $25 with a  $50 account would be difficult as it represents a 50% increase but making $25 with a $1000 account is just 2.5%.
     That is why using percentages is a true indicator of how you are doing. There are two percentages to consider. Invested money percentages (uninvested money makes no money) and account percentages.

     1. Invested money, ROI (Return on Investment) is profit divided by investment.
         This is how each stock trade performed for you.
     2. Account percentages is profits divided by total account balance (both invested money and uninvested money). This is the true measure of your account performance.

     In my $50 a month challenge , I hope to make 2% a month on average for a VERY respectable 24% yearly return. Since each month will start with a different amount (adding $50+profits from previous month), it is that amount I need the 2% monthly gain.
     I am not talking about paper money profits or unrealized gains, there is not real profit or loss on any stock you own until it is sold.
   

 
   

Saturday, October 19, 2019

Weekly Recap Oct 14-18, 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. 

6;45am (CDT)
     I will recap my week and compare it with the market. The benchmark averages are the DOW and the S&P 500.  The S&P 500 is a broader indicator because it averages 500 stocks compared to the DOW only having 30 stocks to average.
     That being said, the DOW is the most quoted by the news media.

 

     The five day chart shows the DOW in red and the S&P in blue.
                        The Dow was down nearly   1/2% (.48%)
                        The S&P up about                1/4% (.26%)
                        Our profits for the week       4%

Disclaimer, I am not a professional.   

Friday, October 18, 2019

Friday 10/18/2019

     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. 

8:30am (CDT)
     With only $7.90 cash to invest I may or may not make a trade today. My "unsettled funds" will turn to cash Monday.
      As always, I will update when I make a trade.

9:00 am (CDT)
     I entered a "limit order" (meaning I will only pay that amount or less) for 2 shares of WPG @ $3.95, it is currently trading for $4.03.
    I can place a "limit order" and walk away from the market. I do not have to babysit on order.

2:45pm (CDT)
     Well WPG moved away from my "limit order". Monday when my unsettled funds turn to cash I will have $52.00 to invest. I will not invest my profits, I will only have $50 invested at any one time. When I sell an investment, those proceeds are no longer invested and I can now invest all of the remaining money from the $52 as I know "unsettled funds" are the same as cash (in two days).

     I had a very solid 4% profit for the week on my $50 account.
   

Disclaimer, I am not a professional.

Dividend Strategy

         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. 

    We are thru with APA for now. Today is the last day to buy the stock to receive the $.25 dividend. The ex-date is 10/21 (Monday), ex-date mean WITHOUT dividend.
     In a perfect world (yea, sure), Monday the stock should open $.25 less than the closing price today.
     Monday opening price will of course be dictated by market conditions but will always reflect that $.25 reduction. Remember to receive the dividend you have to still own the stock at the end of the day before the ex-date.
     On the ex-date is you still own the stock you will receive the dividend of $.25, but not on 10/21. Monday 10/21 is the ex-date, the "pay-date" determined by the company is when you will receive the dividend.
   
 Disclaimer, I am not a professional.
   

   

Day Trading Update

     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. 

7:00(CDT)

     I have now used 2 of my 3 day-trades that I am allotted in a "rolling 5 day period". When I add Monday 21, Monday 14 will fall of the list. My intentions are not to "Day Trade" but take the profits when they accrue.
     I have $7.90 cash to invest ($44.10 unsettled funds), I would only invest this money if I find something to hold overnight or longer (Friday until Monday) as I do not want to use a day trade for the very small profit that can be generated on such a small investment.
     I started the month with $50 and for the whole month that will be the total amount invested at any one time. I do not want to invest my monthly profits. Unsettled funds are like waiting for your paycheck.

Mon   Tues   Wed   Thurs   Fri
14       15      16       17      18
           X                  X

    

Disclaimer, I am not a professional.  

Thursday, October 17, 2019

Thursday 10/17/2019 $50 a Month Challenge

     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. 

7:15am (CDT)
       I start the day with  $51.00 cash (settled funds) and the Dow and S&P Futures point to the market opening higher.

836am (CDT)
     Bought 2 shares APA @ $21.55 entered GTC sell order $22.05. I can always modify it.

     $51.00
    -$43.10  (2 APA @ $21.55)
     $  7.90 cash to invest.

9:15am (CDT)
     Sold 2 shares APA @ $22.05 (again it is not always this quick and easy).

     $44.10 proceeds from APA sale
     $  7.90 cash
     $52.00 account total

10:27am (CDT)
     I made $1 profit on my $43.10 investment (2.32% ROI) and a 2% gain on my $50 starting monthly portfolio balance.
     My total monthly profit of $2 is a 4% gain on my $50.
     Again, do not focus on the $2 profit but focus on the 4% gain and apply that to your portfolio size.


Disclaimer, I am not a professional. 

Wednesday, October 16, 2019

Wednesday 10/16/2019

     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. 

6:30am (CDT)
      I will be away from the market until this afternoon. I had no plans to trade today because I only have $6.90 cash in my account.  The $44.10 proceeds from my APA sale in considered "unsettled funds".
     When you a stock the money is immediately taken out of your account but when you sale a stock there is a 2 day settlement delay. The wording will be a little different with brokers but it will be "cash buying power, unsettled funds buying power" of similar.
     You can use "unsettled funds buying power" to purchase stocks buy you have to wait until your "settlement date" to sell the stock.
     I only use settled funds because I want the ability to sell at my digression.

Disclaimer, I am not a professional.  

Tuesday, October 15, 2019

APA Purchase and Sale.

        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. 

  A little insight to my thought process, yesterday after I entered  an order for another stock and continued  to search for opportunities  I came across APA but it had already made an upward move and the overall market was getting stronger.

     It tapered off a little right at the end of the day. Today right out of the gate it fell well behind the Dow Jones and I bought it, as the chart below shows, as it started to recover toward the Dow, I was able to sell.


      Click to enlarge and remember that the times on the chart are 1 hour earlier as I am in the Central Time Zone.
     Yahoo Finance is just one of the free tools I use. A dividend calendar also helps. Dividend paying stocks are not the only stocks that I trade but at least when a stock goes the wrong way on you (and it will happen) you get paid while you wait for it to recover or at least help with the loss when you sale.

     The journey is not straight up but an upward trend.

     Disclaimer, I am not a professional.

Tuesday 10/15/2019

     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. 

8:55am (CDT)
     Bought 2 shares of APA @ $21.55
Immediately enter a GTC (Good till Canceled) "Limit" order for $22.05. I can modify the order at any time but in case I am away from market, I do not want to miss it.

     $21.55 x 2 shares = $43.10

     $50.00
    -$43.10
     $  6.90 available to trade.

     APA (Apache Corp) had a large gain yesterday  before their 10/20 dividend ex-date and pulled back over 3% from yesterdays high.

9:34am (CDT)

     Sold 2 shares of APA @ $22.05 = $44.10 (it is not always this quick and easy)
     $44.10
   -$43.10
    $ 1.00 profit (ROI= 2.32%) return on account total is 2%.

3:15pm (CDT)

     I hope every one had a profitable day, I know I am happy with mine. While it was only $1, it was a very solid 2.32% ROI (Return On Investment). I reached by desired monthly profit of 2% in one day.

    I did use one of mine three day-trades I have available in any rolling five trading day period.
   




Disclaimer, I am not a professional.

Monday, October 14, 2019

Monday 10/14/2019

 8:34 am

      Entered "Limit " order for F (Ford Motor Company) @ $8.75, presently @ $8.78 and hoping  for a little more of a pullback.

      F  ex-dividend date (you must own a stock before the ex-dividend date in order to receive the  scheduled dividend) on 10/21/2019 with a dividend of $.15. Stocks often increase in value just ahead of there ex date. I will let  order ride and continue to look for something better.

      The market is down 60 points down at the open(buy in down market).

3:05pm

      Well no trading today as the market turning positive after I entered my "limit" order. There are worse things than not trading. Tomorrow we start with our $50 still in play. 

Disclaimer, I am not a professional.
 

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