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March 2016 trading, investing, and dividends results

It is difficult to admit that you were wrong when you are the king of the world. But at some point the reality will catch up with you and you will be forced to admit you were wrong. If your trading pattern looks like a roller coaster or constant losing it is time to stop Continue reading →

Posted by Martin March 06, 2016

Confessing My Money Mistakes

When Martin asked me to guest blog for the site, I had no idea what to write about. Having read quite a few personal finance blogs of his and on other sites, I said ‘I don’t have anything to say!’. What I failed to recognize at the time was that I do have something to Continue reading →

Posted by Martin March 02, 2016

My Strategy update

Time to update my strategy. Again. I know it sounds weird but yes, I need to update my strategy, because the one I wanted to use showed up to be a dead end. I was trading naked puts at some point against dividend stocks but later I turned into spreads. When analyzing why I found Continue reading →

February 2016 trading, investing, and dividends results

February 2016 is over. To me it marks a new milestone in my trading career. In my past posts I mentioned that if I will not be able to make profit trading options against SPX, I stop trading this strategy. This time has arrived. I tried hard. I tried everything I could to make my Continue reading →

Posted by Martin February 29, 2016

Put selling against dividend paying stocks strategy: sold (ESV) April puts

Taking on the damage control from trading SPX spreads. I tried hard to get into SPX trading but I wasn’t able to make any profit. I actually lost everything I ever made selling puts against dividend stocks. I am not saying that I will never trade SPX again. Never say never. I might go back Continue reading →

Posted by Martin February 24, 2016

New dividend stock purchase – Valero (VLO)

I was trailing this stock down since I put it on my radar to purchase. In this post you can review the entire process of using this trailing strategy. And on February 22nd I purchased 17 shares of Valero (VLO) stock. I like the stock and its data.     Two days ago, my price Continue reading →

Posted by Martin February 18, 2016

Going back to selling puts against dividend paying stocks strategy: sold (PSEC) Aug put

Going back to selling puts against dividend paying stocks strategy: sold (PSEC) Aug put

Correction: I collected $89 dollars and not $75 premium as mistakenly shown in this post.     I must admit that I am getting frustrated trading spreads against SPX (S&P500). It is extremely hard trading that damn index. The market is volatile and whenever I sell calls, the market follows for a few days, then Continue reading →

Posted by Martin February 16, 2016

Dividend Investor: Buying Valero (VLO) using OTO order in ROTH IRA account

UPDATE 02/19/2016 Today, the stock went up +2.68%. Our new OCO limit order price increased as is shownb in our spreadsheet calculating our entry price:   (Click to enlarge)   Since our previous limit price is lower than today’s one ($57.84 previous day limit) we will keep our previous limit in place. We will not Continue reading →

Posted by Martin February 11, 2016

Markets still flashing a recession

CNBC has it sometimes right, be it Rick Santelli or Carter Worth. Although many technical analysts saw this way before Carter, it holds water. Watch and judge for yourself:    

Posted by Martin February 09, 2016

Is Yellen going to sway the markets tomorrow? Probably not.

But some of those FED addicts may hope for it. All of us others let’s be prepared for any outcome and make our trades accordingly. Those who hope for Yellen saving the trend will be probably disappointed tomorrow and even if the market shows us some push, I believe, we are way beyond any trend Continue reading →