Joseph

Trade Journal

I believe openly sharing my successes and mistakes will make me a better trader. In my weekly trade journal entries I will be transparent about my decisions and positions. Check for regular updates every Saturday on the progress of my current trades as well as any new trades I enter. I’d love to discuss any questions you have as I go; just leave them in the Comments Section of each post.

Currently, I’m excavating myself out of the hole I dug during the first two years of my apprenticeship to the markets. This is where I’m starting from:

My Trading Strategies
My Account
DateTrading CapitalRealized P/L
Jan 1, 2020150(1999.53)
April 1, 2020700(2178.90)
Dividend Builder – June 2020
Dividend Builder – June 2020

June is through. Time to share some dividend results with you. 2020 has given us a wild and memorable first half. Here’s to the second half. Here’s to all that is new, to lessons learned, to seizing t…

2020: Week 26
2020: Week 26

As of this writing, the baby my wife and I are expecting to pop its head out any minute now still has not arrived. The arrival of this little person has been the primary preoccupation of my thoughts t…

2020: Week 25
2020: Week 25

Go figure the week I decide to put a pause on selling options and focus on my other option strategy the market goes on a sideways grind. This would have been a perfect week for selling an Iron Condor.…

Dividend Builder – May 2020
Dividend Builder – May 2020

My Dividend Brother Joe and I put a pause on our posts as our neighborhood and world erupted after the killing of George Floyd. Joe and I live in a duplex in the 3rd Precinct of Minneapolis. We are bl…

2020: Weeks 21, 22, 23, & 24
2020: Weeks 21, 22, 23, & 24

It’s been a month since my last journal update, and what a month! It feels more like a year in a lot of ways. So many events have been packed into these past weeks and months, and the year is only hal…

Swing Trading with $300 – Week Four – Stop Losses
Swing Trading with $300 – Week Four – Stop Losses

A week with no swing trades being executed makes for an introspective weekly post on swing trading. Yep, no action this week. I watched and waited as my two holdings sat below my entry. No profit to b…

Swing Trading with $300 – Week Three
Swing Trading with $300 – Week Three

This week I ran right into my old nemesis. My unwillingness to cut losses when a swing trade goes against me. Hope, fear, and pride all play a part. I am hopeful the share price will recover and move …

2020: Week 20
2020: Week 20

My work life has been as volatile as the markets lately. Turns out, I’m not cut out to work for huge retail corporations. After only a few days on the job of driving a forklift and unloading trucks, I…

Swing Trading with $300 – Week Two
Swing Trading with $300 – Week Two

Time for a recap of my second week at playing around with swing trading. As you may recall from Swing Trading with $300, I am giving myself three hundred dollars to let it rip, play some swing trades,…

2020: Week 18 & 19
2020: Week 18 & 19

And just like that, April is over. This month flew by for me, as did the past two weeks. I was called back into work the week before last, and I also interviewed and took a job at a major home improve…

Dividend Builder – April 2020
Dividend Builder – April 2020

The initial shock of the market crash is over. Life is settling into a routine of political and economic volatility. I am trying to stay aware of these moods, but mostly staying apart from them. A lux…

Swing Trading with $300
Swing Trading with $300

I have not given up on my Dividend Builder strategy. The quarterly churn of dividends mixed with a dash of position trades is still my low risk approach to investing. But what do I do with that itch t…