Week 31 Update and Psychology in Money Management

EDIT: At the time this blog entry was posted I had a Youtube video here. That has been removed but I want the rest of my content to be remain. Nothing hidden no past mistakes ignored. All out in the open.

Weekly Activity
$136.09 deposit into Trading
$50 deposit into Savings
$1.62 dividend from ERF


Model Portfolio Totals

Trading Account: $649.33
Estimated Monthly Income: $0 (Not ready to trade until Phase 1 completed)
Max amount in Forex trade (50% of account): $324
Max loss per trade (1% of account): $6
Portfolio stop (3% account): $18

Investing Account: $1,697.00
Estimated Monthly Income: $6.00
Stock
     WMT: $0.53 income/month
Energy
     ERF: $1.70 income/month ($0.019 from DRIP shares)
REITs
     O: $1.07 income/month ($0.009 from DRIP shares)
Bonds
     JNK: $1.61 income/month ($0.020 from DRIP shares)
     PCY: $1.09 income/month ($0.009 from DRIP shares)
Maneuvering Cash: $500

Savings Account: $850
Emergency: $550
Portfolio Protection
     Trading Account: $50
     Investing Account: $250
CDs: $0
Precious Metals: $0

Disclaimer: The investments and trades in my videos and blog entries are not recommendations for others.
I am not a financial planner, financial advisor, accountant, or tax adviser. The financial actions I talk about are for my own portfolio and money and only suited for my own risk tolerance, strategy, and ideas. Copying another person's financial moves can lead to large losses. Each person needs to do their due diligence in researching and planning their own actions in the financial markets.