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)
2020: August
2020: August

I knew having a baby would change things, and one of the most obvious things to change is the amount of time I have to write blog posts. As much as I love producing content for Dividend Brothers, it f…

2020: Week 27 & 28
2020: Week 27 & 28

My wife gave birth to our son on July 4th! Since then I’ve been overwhelmed by happiness, diapers, and sleep deprivation. My weekly updates will probably be a little more sporadic in the coming months…

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.…

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…

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…

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…

2020: Week 17
2020: Week 17

I had high hopes that this week would provide me with a few opportunities to take off several of my trades. Unfortunately, that did not happen. On the bright side, I got to work with my friend’s tree …

2020: Week 16
2020: Week 16

With a risk balanced portfolio, and a relatively calm week in the markets, my update this week will be short and sweet. New Positions F $4 Long Put Exp: 5/15 I added to my Ford short positio…

2020: Week 15
2020: Week 15

After my second week at home, I think I’m starting to find a rhythm. I start by checking headlines on Finviz.com. It’s good way to get a quick idea of what has happened, what is happening, and maybe a…

2020: Week 14
2020: Week 14

This week was very different for me. I was home all week. My day job as a leather craftsman is non-essential to public health and safety. So, the owners of the company I work for followed the Minnesot…

2020: Week 13
2020: Week 13

A couple things became very clear to me this week. First, I have to modify my trading strategy and style slightly due to the pandemic crisis and due to my microscopic funds. Second, for the same reaso…