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AverageJoesTrades $3,000 Robinhood Journal

Discussion in 'Trade Journals' started by AverageJoesTrades, Sep 14, 2016.

  1. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Alright, I am creating a new log starting over with $3,000 in Robinhood as my prior journal became cluttered with multiple trading strategies. My goal is again to show that you do not need tens of thousands of dollars to make money in the market. My goal is to also use ETFs instead of individual stocks to reduce inherent risk due to earnings/news/etc...

    Follow along with me on this journey. It should be a fun one!:)
     
  2. Alexander Gray

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    It is said that passive management beats active management in a bearish market so your strategy may prove worthwhile in the current market. I would however wait a while before investing in the large cap us stock etfs such as s&p500 etfs as the PE ratio is significantly above the long term average. Have you also considered REITS?
     
  3. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Strategy utilizes S&P ETF and bonds 20+ year to hedge against any bearish movement.
     
  4. Alexander Gray

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    Interesting. I am excited to see your future contributions.
     
  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Hey, sorry for the lack in response. I have been travelling and working on my strategy. I finally went live with the program today.

    Purchased 18 shares of XIV @ 38.93
    Purchased 2 shares of RSP @ 83.41
     
  6. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Purchased 24 shares of XIV @ 38.95
    Purchased 2 shares of RSP @ 82.94
     
  7. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Deposited another $2400 for the baby's college fund, only 1,000 is available currently with the other 1,400 pending 4-5 days per Robinhood.

    Total investment dollars are now $4,000.

    Purchased 25 shares of XIV @ 37.19
    Purchased 2 shares of RSP @ 82.00
     
  8. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Purchased 26 more shares of XIV this morning @ 35.16

    Average costs:
    XIV: 93 shares @ $37.41
    RSP: 4 shares @ $82.78

    Currently -$130 or -3.25%
     
  9. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Sold 93 shares of XIV this morning @ 36.42
    Sold 6 shares of RSP this morning @ 81.67

    Purchased 39 shares of TLT @ 132.29
     
  10. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Still holding TLT until I get a signal to move out of bonds.
     
  11. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Continuing to hold 20+ year bond TLT - collected a $9.74 dividend today.
     
    OldFart likes this.
  12. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    With the $9.75 dividend it raised cash enough to get in 1 additional share of TLT.

    Purchased 1 shares of TLT @ 131.07

    Total shares are now @ 40.
     
  13. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Took some hits after the election and my system finally rolled out of bonds. I sold my 40 shares of TLT for 122.72.

    Total $s in account $4914.64

    down -$485.36
    down -8.99%
     
  14. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Limit Buys issued today for:

    WNC 132 shares @ $12.83 - Not filled yet
    AXL 109 shares @ $15.63 - Not filled yet
    IDT 84 shares @ $20.10 - Not filled yet
     
  15. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    AXL - filled 109 shares @ $15.63
    WNC - filled 132 shares @ $12.83

    still waiting on IDT

    These companies were picked based on a 3 part fundamental analysis.
     
  16. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Looking like I missed the run on IDT today, unfortunately.
     
  17. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    As IDT did not fill yesterday the remaining funds ~1,700 were spread among the three picks:

    AXL - 35 shares @ 16.00 - Filled
    WNC - 44 shares @ 12.73 - Not filled yet
    IDT - 28 shares @ 20.44 - Not filled yet
     
  18. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    WNC - 44 shares filled @ 12.73
     
  19. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    apologies was offline travelling yesterday.

    yesterday I had the following fills to come to full leverage:

    12 shares of AXL @ 15.70
    9 shares of IDT @ 21.05
    15 shares of WNC @ 12.94

    Here are my total holdings

    191 shares of WNC @ average of 12.82
    156 shares of AXL @ average of 15.72
    9 shares of IDT @ 21.05

    All stocks are up on this down/flat market.
     
  20. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Strong day today on a down market.

    Portfolio was + $85.86 / + 1.65% on the day.

    Overall still down - $307.01 / - 5.50%
     

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