Friday, October 18, 2019

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.  

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