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.

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