I can’t believe it! My first positive day!
Today’s Positions
- Canopy Growth Corp. (CGC): 40 shares @ $28.10 (2.78%)
- YETI Holdings, Inc. (YETI): 10 shares @ $27.69 (2.56%)
- Baytex Energy Corporation (BTE): 200 shares @ $1.315 (3.54%)
- Microsoft Corp. (MSFT): 1 share @ $136.13 (1.83%)
Robinhood account value is now sitting at $1,850.
Now I’m sitting here after hours wondering if I should sell before the market opens on Monday. What will sentiment be through the weekend? What will the trade/tariff updates be over the weekend? If I sell, will I miss out on a big run up on Monday? Or will I prevent any further losses if Monday is bloody red?
As I mentioned in prior posts, I have been investing time into studying materials on OptionAlpha.com. Last evening, I completed their Beginner’s Course, which I enjoyed a lot and I felt really helped me grow in my understanding of options, volatility, probability, technical analysis, and much more.
There is just about nothing that I hate more than not being good at something. And my prior losses in gambling with options have really challenged me to spend the time studying, taking copious amounts of notes, and better preparing myself for this challenge of actively investing my fun money.
I am planning to move my account balance over to TD Ameritrade, and have been spending my time throughout the course setting up charts and screeners in ThinkorSwim to implement the OptionAlpha strategies. But, I feel like I still have a bit more learning to do before being confident in pulling the trigger with options again. And specifically, with the multi-leg strategies they employ.
So for now, I’ll let my current stocks ride. And we’ll see if my initial deposit can grow on its own back up towards $2,000. Time to start the Intermediate course!
FNMNY 