May 2019 Report

Well it’s a new month, and you know what that means. Please tell me!

I’m getting the hang of things at work. One of the unexpected benefits of this job is that time flies by.

I wrote my first computer program! You put in your text, and it fixes your word choice. The next project is to make a website for it so I can share it with the world.

Books

  • Dragonhaven by Robin Mckinley
  • The Shadow of Seth by Tom Llewellyn
  • Living With A SEAL by Jesse Itzler

Movies

  • Edge of Tomorrow
  • Padington Bear
  • Loving Vincent
  • Lego Movie

Song of the month

  • Honey Honey by Larkin Poe

Stock Trading Performance

  • YTD
% losing trades loss on losing trades % winning trades gain on winning trades expected return on $1000 invested
Total Gain Realized
61.90% -$734.26 38.10% $371.55 -$313.00 -362.71

Haha clearly there is a learning curve. The biggest contributor of this poor performance is cleaning up bad trades that I made last year. If a stock is losing money, it’s time to sell it, regarless of what one bought it for. The other contributor is that I had to liquidate some stocks pre-maturely so I could sustain myself while I was unemployed. The nice thing about selling losing stocks, is that it liberates the money to be used on other winning stocks.

  • May
% losing trades loss on losing trades % winning trades gain on winning trades expected return on $1000 invested
Total Gain Realized
100.00% -$311.99 0.00% $0.00 -$311.99 -311.99
Agh! Painful. But I took a break from trading since February. I set up trades before I left, they hit their peak, dropped to a new low, now back in May I have to sell these losing stocks.  Now that I’m back in the driver’s seat, I should see some progress. That being said, I did get overzealous on my return and buy 3 stocks that were at the peak and apparently on the downturn.
Lessons
  • Not all fiber is created equally. Psyllium husk works wonders. Those fiber gummies mostly have inulin which is not as effective.

What do you think? Right? Wrong? Pure poppycock?