Author: Dan P

Product Review: McCafe Breakfast Blend Coffee

Posted on by Dan P
McCafe Breakfast Blend Coffee

Product Review: McCafe Breakfast Blend Coffee

For the last several years, I have been drinking Publix Brand Breakfast Blend coffee, but about 10 days ago, I ran out, so I went to Publix to buy some more. I generally buy the 30 oz. can, but I was surprised that the $7-8 can I was used to buying, was now going to cost me about $14!  Yes, it had been a while since I had last purchased coffee, and I am of course aware of this inflation thing going on currently but this caused me to start looking at other Breakfast blend choices. I ended up locating a 30oz. can of McCafe Breakfast blend coffee, for about $2.50 less per 30 oz. can, so I decided to try it (knowing that I have often like drinking McDonald’s coffee on multiple occasions in the last several years).  I have to admit, I am not one of those who like the Starbucks experience, and actually get confused in trying to just order a coffee there.  I just like coffee in the morning, and only drink at most two cups.  Not every day, but several times a week.  When I purchase coffee outside the home, generally like to purchase McDonalds, or at donut places like Duncans, although I have to admit that when I worked temporarily in northern California several years ago, I did enjoy buying coffee at Dutch Bros very much.

So I purchased the McCafe breakfast Blend Coffee, and after brewing several morning pots of coffee since then, I am happy to report it tasted very smooth, and I am enjoying the McCafe Breakfast blend very much. I may even stay with it versus the Publix Breakfast Blend, for future purchases over the Publix brand I had been purchasing over the last several years.

McCafe Breakfast Blend Coffee is available at many grocery stores nationwide, or via Amazon at a similar price.

CryptoCurrency Day Trading Test – Trades 7-8

Posted on by Dan P

CryptoCurrency Day Trading Test – Trades 7-8

Well trade# 7 is not so lucky.  As previously mentioned in a previous post, trade #7 was my first venture into the Bitcoin trading world of Crypto.  I purchased $57.25 worth of Bitcoin (BTC/USD) which was worth at the time 50,313 per bitcoin.  Good thing I only purchased 0.00113787 of a bitcoin, or $57.25 worth.  Basically it has been in a multi-week downtrend since that point, with its usual volitivity.  As I am writing this on 5/31/21, 1 Bitcoin is worth 37039, a drop of 0ver 26%.  During that time it has traded in a range from about 51000 down to just below 30,000.  What I should have done is sell when I had a loss of 5% or so, which would have meant, a max loss of $2.50 or so.  I was still holding the trade when it dipped below 30,000 per bitcoin. But I did sell when the price recovered on May 26th when Bitcoin was over 40,000.  So my $57.25 investment decreased in value to $45.67 on 5/26/21, the completion of trade #7, a loss of 20.2%. Ouch!  And besides the loss, I violated several of my trading rules:  1. Don’t hold trades too long (more than 10 days versus goal of several hours)!   2. Sell at a loss, generally at twice the anticipated profit!   Since my goal with these Crypto trades is generally to make 2.5% per trade, at 5% loss is when I should have sold.  Now in my defense, my broker does not appear to offer stop loss trade options for Crypto, and there is no way to watch the charts 24×7, but still I need to watch it better.

So, now I need to move on.  Trade #8 was also in Bitcoin, and a much better result!  This was entered on 5/29 a little before midnight, and the sale back into USD happened (via my limit price) at about 2:30am, giving me a profit of $2.00 (or 4.4%), with a new net of $47.67.  

I have decided that in future test trades of Crypto, I will not put the full amount on each trade, I will break it into smaller amounts, so as not to risk the entire trading account, in one trade.  This is more closely related to how I regularly trade Index options, which I generally trade 20-25% (of my available trading funds) in the market at any one time.  For purposes of this Crypto Currency test, I plan to only trade 50% at one time for the next few trades.  This will make my progress a little slower, but will reduce risk.

 

CryptoCurrency Day Trading Test – Trades 3-6

Posted on by Dan P

Crypto Currency Day Trading Test – Trades 3-6

Ok here is my update on this little Crypto Currency trading test.  Basically my objective with this test is to either lose this $50 in Crypto Currency, OR double it.  So far nothing but gains, but I still am not a long term believer in Crypto currency, but OK to trade it with short term trades so I am willing to be proved wrong…

So with trade#3, I purchased $52.32 worth of Ethereum (ETH) currency when the charts looked like it may go up, and as you can see from my table below, I was able to sell it for a profit of 2.9% so the new USD$ equivalent was $53.83.   This trade took only a little less than 2 hours, which is what i am trying to do.

My next two trades I went back to LiteCoin (LTC), and was rewarded with gains of 1.9% and 1.6%, although was disappointed that trade 4 took about 1.5 days which is way beyond what I was hoping for, while trade 5 took about 8 hours.   So for trade 6, I went back to Ethereum (ETH) on 5/14 and had a gain of of 1.53% for a 3 hour trade.  All in all, my net test to date gain after trade 6, was a gain of 13.4% gain, which is not too bad for about 10 days.

Later that day on 5/14 I decided I had neglected Bitcoin(BTC) for long enough, and invested my $57.25 in BTC.  I think my timing was a bit off as Bitcoin has not cooperated yet with a gain.  As we speak, I have a “paper” loss of around $2.00 but I have hope to at least escape with a small gain in the next day or so.  We shall see, I will post it in a future update.