Wednesday, November 20, 2019

Wednesday 11/20/2019

     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. 

Monthly target of 2% = $2.07 - $1.03 (made) = $1.04 (needed)

     $103.61 (self imposed November trading limit)
   - $ 36.00 invested 2 IVZ ($0.62 payable 12/2)
   - $ 23.80 invested 2 ETRN ($0.90 payable 11/22)
   - $ 34.50 invested 1 SLB (ex-date 12/3 = $0.50)
     $  9.31 to invest

   
7:20am (CST)
     Enter "Limit Ext-day" SELL trades
     2 IVZ @ $18.18
     2 ETRN @ $12.15
     1 SLB @ $35.25

7:45am (CST)
     While I prefer stocks trading above $10, I do not like having almost 9% in cash ($9.31). I will take "small" positions in under $10 stocks to keep my money invested.

8:18am (CST)
     Enter "Limit Ext-day" BUY order
     2 WPG @ $4.24

8:28am (CST)
     Filled 2 WPG @ $4.24

10:01am (CST)
     Filled SELL order 1 SLB @ $35.25 ($0.75 profit)

     $0.75 profit is more than the $0.50 dividend (take the money and run). I will now have cash on Friday to invest. Do not regret "lost opportunity" when the stock price continues to go higher after you have sold. The stock did what you asked it to do, BE HAPPY!
     A perfect example of "being greedy" is our sale of HP @ $41.45, it went higher after our sale but is not $2.50 BELOW our sale price. Do not be greedy!
     By selling when our goal is achieved, we now have money to find another opportunity.

Disclaimer, I am not a professional.

No comments:

 

Free Web Counters
South Beach Diet Food