WPG
Sold 55 Shares of Washington Prime Group (NYSE:WPG) at $13.45; Bought 10 shares of KO at $48.26 per share
| 0 viewsOn February 1, 2021, I sold all 55 shares of Washington Prime Group (NYSE:WPG) at $13.45 to purchase 10 shares with KO at $48.26 per share + kept some cash I've been holding WPG shares since late 2018 It seemed like a nice dividend stock, but later turned out one of the most disastrous stocks in my portfolio, falling from ~$7 per share to way below $1. Once this stock fell below $1 I bought some more, idea was to go bust or make out like a bandit. Then WPG stock went stock split 9:1, and…
Recovery Plan Using Naked Puts on Dividend Stocks
| 0 viewsIn the month of November 2019, I kept suffering from my trades on indexes. I took a loss of about EUR 3,000. If there was a lesson learned, then liquidity, stop loss and too many open positions are 3 simple things to follow in the future. Anyhow, I decided to stop trading instruments without underlying (no more futures or indexes until further notice) The further written is copy/paste from my e-mail to a friend/ coach/ mentor (little editing added to make it blog readable) As I had a negative…