Replies to post #46069 on lowtrade

[lowtrade]

CBL chart and a little about trading with a business plan.

Dividend basis chart;



Purple is the swing trade I made and basis I gave up, doing so. Have until June 29 to get back in and will see how far the retrace reduces my basis loss.


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But overall, my divvy hold goals have been 15% per year. So this one should fit well into my 2018 overall business plan for 30% of portfolio in (2) 15% dividend stocks. Presently hold ORC @ 14.5% basis.

This years business plan is 30% dividends with 30% return, 10% in OTC parabolic trades, wanting 4 doubles for the year and 60% in 2 week swing trades with small cap stocks under $5.00, making 5 to 10% per cycle.

Want goal
This calculates out to
30% on 30% of cash
400% on 10% of cash
180% 0n 60% of cash

Need goal
a cash double

Expect goal
150% of cash


Every trader should have a basic yearly, monthly, and weekly business plan with Want, Need, and expected gain goals.