(See the Welcome & Intro and Vision & Rules Pages if you’re new here.)
2020-04-16
At long last, we’re at the next power of two with a balance of $256.78. I could have left my money in TQQQ, but I feel like people are getting too greedy short term. I’ve also decided that with both this experiment as well as my personal accounts, I’m not going to short stocks or buy bear ETFs while this pandemic is going on because it doesn’t feel right.
The next logical move seems to be to wait for the market to drop, then buy in again. That might not happen though. Craigslist seems out of the question because I don’t want to meet other people. Comments and suggestions welcome.
2020-06-19
Bought 233 shares of NOG @ 1.08.
2021-08-21
I’ve been silent for awhile because some of these trades have gone pretty badly and I’ve also been busy with other things. I’ve also been wondering what to do if the current balance dips below the current power of 2. I’ve decided to keep posting on the power of two that I was previously able to attain.
Here are the trades I’ve made since buying the 233 shares of NOG on 2020-06-19:
- Sold 233 shares NOG @ .6103 on 2020-09-08
- Bought 1 share TQQQ @ 134.75 on 2020-09-17
- Sold 1 share TQQQ @ 147.89 on 2020-11-20
- Bought 8 shares YINN @ 17.55 on 2021-03-26
- Sold 8 shares YINN @ 18.35 on 2021-06-09
The total balance in this account is now 166.87. In hindsight, if I had just held TQQQ, I would have gotten the $256 back.
I think I want to go back to buying and selling computers on Craigslist. A year later, I’m less afraid of meeting people now and the stock market isn’t giving me any obvious clues as to its direction.
2021-08-23
Against my better judgment, bought 15 shares of YINN @ 10.615. It’s been pretty beaten down lately, but I also don’t have a warm and fuzzy feeling about this.
2021-12-27
Dumped my 15 shares of YINN @ $8.33. My stock trades have been going horribly lately. Total balance is now $132.59. I’ve been feeling too lazy to do the whole laptop flipping thing but there’s probably no better way.