A lot of people will not trade, because they believe trading involves have their eyes glued to the charts when a trade is in progress. A trader will have to look at the charts all the time if the instrument they are trading is highly leveraged or the position can move against them really quick.
My performance in 2016 morphs my performance of 2017.
If any of the trades I put on with stocks, REITS, or ETFs, the dividend and distribution stay in the account. Currently in 2017, I am in the middle of a trade in PZA.TO. This stock has paid a dividend March 15 and will pay a dividend around April 15.
Why the difference between 2015 and 2016? In 2016, I traded penny stocks a lot whereas this past year I only completed 2 trades and in the middle of the third. Penny stocks are very high risk as the trade can move against you in a hurry. I was not planning on trading penny stocks so much in 2016 due to their really high risk. PZA.TO is Pizza Pizza Royalties Corporation, and trades around $17 per share.
To see all my trades except the last completed one and the one that I have on currently, click here.
DISCLAIMER
I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.
Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.
Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.
That's a very nice performance since 2015. Lets hope you can continue this trend and keep it increasing!
ReplyDeleteBuy, Hold Long
DeleteI hope to replicate last year to some degree. The year is not starting off as good, and this current trade is only the 3rd trade of the year. Lots of time in the year left, so I will give my best shot.