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 care company. We removed seven trees in three days. I am sunburned, sore muscled, and feeling better and more clear headed than I have in the several weeks since my regular job was shut down. Thankfully, I also get to go back to work tomorrow.Continue reading “2020: Week 17”
With a risk balanced portfolio, and a relatively calm week in the markets, my update this week will be short and sweet.
- F $4 Long Put Exp: 5/15
I added to my Ford short position as the price dipped and I have a pretty strong feeling that Ford’s earning report at the end of the month is not going to be great.Continue reading “2020: Week 16”
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 clue as to why the markets are moving the way they are. Next, I open Robinhood and see what the pre-market is doing. This past week it’s been steadily opening higher every day. That’s been a nice change of pace. My long Ford positions have been moving in the right direction.Continue reading “2020: Week 15”
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 Minnesota Governor’s order to shelter-in-place. It feels weird that staying at home is the best thing I can do right now, but that is the truth of the situation. And I am happy to do my part. Now, on to trading!Continue reading “2020: Week 14”
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 reasons I need to stick with trading one ticker for the time being. I bet if I let you all take a guess, those of you who have read my previous journal entries would be able to guess which ticker symbol that will be.Continue reading “2020: Week 13”