I need to come up with a consistent format for these reports I publish every time a stock actually sells.
I try to deposit cash into my account every week. I don't think it's particularly meaningful - saving money is admirable but not particularly noteworthy.
I bought 50 shares of GCO on 11/18/2004 at 29.20. These 50 shares sold today at 30.23.
I paid $22 in commissions. Doing the math:
50 @ 30.23 = 1511.50
50 @ 29.20 = 1460.00
That's $51.50. Subtract $22 for commissions and I made $29.50 profit. It took 10 days for my price to hit and the trade to execute.
The noteworthy part is that this was a solid 2% profit in ten days. It would have been a 2% profit whether or not I had invested almost $1,500 or $15,000. I just can't say it enough.
This was the 5th time I've sold a stock for a 2% profit this month. By God's grace, there were no losing trades this month. (But be prepared - statistically speaking, it will happen!)
I'm going to try to do the scorecards in this same format. Is this helpful to you? Does it help you see what you could do? If you have any other suggestions, please let me know.
I started to cut and paste the courtesy email notifications I got today but they contain a lot of personal information! Maybe I could print them, black out the account numbers and full names (I don't want my boss to find me here - not yet anyway!) and scan them.
If I had found this blog five years ago, I think I would have been skeptical. Even if there isn't a stock report for sale!