“I Just Want to Trade, Not Work on Records and Things” | SHARPE INCOME !!

Posted on May 8 2017 - 3:18pm by Dan

The original Sharpe Income post that explains this project can be found here.

The Sharpe Income category be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.

We continue the discussion from the last entry.


We began this project with only $500. All in an effort to help out the small retail investor who doesn’t have a lot of money, understand the importance of growing an income account, as opposed to a trading account.  Remember that these numbers are computed off of Friday’s close and are updated each week.  It’s live … as it happens …

Total Sharpe Income Balance: $3,832.11
Total Sharpe Income YTD Return: + 3.46 %
Sharpe Income YTD Paid Yield on Cost: + 0.91 %
Total Sharpe Income YTD Maximum Draw-down: – 1.34 %
iShares Barclay’s IEF Return: + 1.70 %
S&P 500 Index YTD Return: + 7.17 %
S&P 500 Index YTD Maximum Draw-down: – 2.61 %


Ok, this week?  We remember that we received our monthly PFF dividend in the income assets.  This has been recorded on the spreadsheet.  We sold all of our assets in the ‘capital gains’ category.  But we still qualified for the TLT and SHY dividends in that category.  These dividends have also been recorded on the spreadsheet.

This week, we are doing something a little different with the capital deposit.  We are placing 100% of this weeks ‘capital deposit’ in the category segmented to the ‘capital gains’ strategy; which if you remember from Friday’s entry, was already taken to straight cash. Thus, the cash is reserved thusly …

Total Cash: $2,108.91
Income Assets Cash: $96.35
Capital Gains Cash: $1,962.56
Reserve Cash: $50.00
Cash for Income Assets: $0.00
Cash for Capital Gains Allocation: $0.00
Cash for Tier Capital: $50.00

I’m going to use the space in the following video entry, to cover an objection that we often hear from new traders 

“I Just Want to Trade, Not Work on Records and Things”

“Record-keeping and ‘logging trades’ is ‘boring'”

(Video Included. If you’re seeing this entry elsewhere and cannot play the video?  Click this link to go to the exact video entry …)

How do we produce such fantastic risk-adjusted performance?
Check out Sharpe Trade’s Short-Term Trading Course !!

The link to the Google Drive Spreadsheet that you can view, that we will edit, build upon and refer to over time can be found at this link.

We continue the Sharpe Income project with this next entry.

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