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Budgets Are Sexy (2026)

shieldJ. Money calendar_todayJan 29, 2019 updateUpdated Jun 28, 2026 schedule8 min read verifiedFact-checked
Budgets Are Sexy (2026)

There is a smarter way to approach budgets sexy, and it starts with knowing a few key details. This guide covers them, along with tips you can apply immediately.

Key Takeaways

  • Biggest gain: 231% on a company called AXSM -> after a drug trial achieved its primary endpoint towards FDA approval.
  • I specifically look for news items pre-market, and then have automatic alerts pushed to my phone from an application called Thinkorswim.
  • These alerts will filter any news items or SEC filings for a watchlist I create.
  • I keep emotion out of it.

A Closer Look at Budgets Sexy

Our Financial Confessionals are back! So please enjoy right now, a note from a fellow reader of this blog, “Brandon”, who shares his experience with day trading and why he loves a newer investing app on the scene over Robinhood.

  • Links to previous Confessionals can be found at the bottom of this post… ****** I’ve Been Day Trading For 3 Years So, day trading initially was a rocky begin, meeting each expectation that you’ll hear about them: DANGER DANGER DANGER!
  • When I first started I had a major loss, so I went back to do more research and build my knowledge of how people make money on these aspects.
  • Worth noting: a few books later, and a golden set of rules that I continually abide by, I now average 1-2% gain on my portfolio each day I trade… Biggest loss: 84% of original portfolio ($2,000) after becoming too attached to a company called MoviePass , Large lesson learned here was not to fall in love with these stocks!
  • More importantly, i begin by after stocks that are due for news or have had significant runs in the past, and then once I have that list set up, I’ll get an alert, check the chart to confirm volume is coming in, and then enter that stock… My golden set of rules: #1.

What to Know About Budgets Sexy

You have to avoid becoming attached to a stock, or the concept of a stock based on its business model or possible FDA approvals etc. as I learned early on. #2. I consistently have an exit strategy.

  • Remember that this is where having a cash account that allows day-trading like with the Webull app is king.
  • Applying this strategy you can enter and exit a stock the same day without the risk of being marked a “pattern day trader” and having your account locked, or worse closed per the SEC rules.
  • Plenty of people beginning out will purchase a stock, and if they have a margin account (default for the Robinhood app) they may not have a day trade to exit that stock… So they’ll hold overnight possibly risking further loss or bad news being released the following morning. #3.
  • I set acceptable loss and gain goals.

How Budgets Sexy Really Works

As a rule, i aim to gain 5-7% on any entry to a stock, and  calculate the price it would have to reach to obtain those goals. Once it hits that price I exit - no emotions, no “coulda shoulda”.

  • When it hits, 5-7% gains I exit.
  • This is in my personal opinion where plenty of people go wrong.
  • In short, they hope for that rocket that reaches 60-80% and hold just long enough for it to erase any gains at all… For acceptable losses, I typically mark this between 3-4% depending on the size of the position I enter.
  • Once it hits that mark, I also exit.

Getting the Most From Budgets Sexy

This is extremely key to avoid any massive losses since these stocks will drop FAST. #4. I review trades each day.

  • Worth noting: i’ve developed a habit of going back and looking at all the trades I made that day, and determining if there was something I could have done better in executing those trades… If there was a loss, was there something I didn’t see that I could look for in the future?
  • Did I make a purchase too close to an earnings release? * CONSISTENTLY RISKY WITH PENNY STOCKS * I then take those findings and incorporate them into my planning for future trades. #5.
  • I’m not afraid to take a day off.
  • Just since you have money in an account ready to go to work for you, doesn’t mean you should make a trade… Like on days President Trump puts out a tweet regarding the trade war.

Tips That Make a Difference

More importantly, typically a solid day to take off from the market, as even solid news won’t respond normally! #6. I at no point enter a position with more than 20% of my total portfolio value.

  • You’ve heard the phrase “don’t put all your eggs in the same basket” right?
  • The same goes with day trading.
  • Remember that if you drop the basket, all your Benjamins get crushed, haha… How I fund my portfolio: I take 20% of my after tax paycheck and divide it two methods: 10% into a standard savings account (2.2% interest w/ Ally Bank), and then 10% into my Webull portfolio funds.
  • Half of that portfolio then gets divided into long-term positions, and the other half towards day trading and highly volatile stocks.

Common Mistakes to Avoid

So basically 5% of my after tax money goes into day trading, which accounts for 25% of my overall saving/investing. Resources: I love to read, and I’ve read all of the suggested books you currently have up on Budgets Are Sexy… In addition, I went out and purchased “Penny Stocks for Dummies” which details all the negative and positive catalysts for a movement on these stocks.

  • As a rule, it also touches on fundamental analysis and technical analysis.
  • In addition to that, I read “Candlestick Charting for dummies” which was a MASSIVE assist getting my mind wrapped near which method a stock will go, if it’s reached its max on the current catalyst, or if its oversold and beginning to uptrend.
  • Though, the most beneficial resource I found was a Facebook group called “Penny Stocks w/ Webull & Robinhood for Beginners“.
  • Typically these groups tend to be highly toxic, though this particular group is run by a single admin who runs an alert service (similar to Mad Money Jim Cramer’s alerts) but the group is 100% supportive with a zero tolerance policy towards bullying, stock pumping, and referral link spamming.

Is Budgets Sexy Worth It?

In short, in this group anyone who asks a question is treated like a team member, and actively works to increase each other’s knowledge and strategies. My Cash account strategy: I set myself up to enter no more than 5 positions in a single day.

  • Therefore, I take my total portfolio value and divide that by 5 (# of trading days) that will provide me the amount I am able to trade each day… I then divide that number by the number of day trades I wish to make, giving me the amount of cash I can apply for each position.
  • Of course I can tinker with it and allow 3 small entries and 2 large ones if I wanted for that day, but I keep it straightforward by just dividing by an even 5.
  • Worth noting: all together since I’ve started day trading again I’ve contributed about $5,000 and I’ve turned that into $12,560.
  • At the end of the day, if someone randomly came up to me and asked what I thought of trading penny stocks, I would tell them it’s not for everyone.

Frequently Asked Questions

How can I save money on budgets sexy?

Compare prices across a few retailers, look for active coupon codes, and time bigger buys around sales events. So please enjoy right now, a note from a fellow reader of this blog, “Brandon”, who shares his experience with day trading and why he loves a newer investing app on the scene over Robinhood.

Is it worth shopping around for budgets sexy?

Usually yes. Links to previous Confessionals can be found at the bottom of this post… ****** I’ve Been Day Trading For 3 Years So, day trading initially was a rocky begin, meeting each expectation that you’ll hear about them: DANGER....

What should I check before buying?

Read the terms, confirm any code still works, and factor in shipping or returns. When I first started I had a major loss, so I went back to do more research and build my knowledge of how people make money on these aspects.

Smart Ways to Save More on Budgets Sexy

  • Leave items in your cart for a day; some stores send a follow up discount.
  • Pair cashback with a coupon so you save twice on the same order.
  • Stack a coupon code with an existing sale whenever the store allows it.
  • Sign up for the retailer newsletter to catch first time and seasonal discounts.
  • Compare the final price including shipping, not just the headline number.

Final Thoughts

Put these ideas to work and budgets sexy gets a lot less expensive. Bookmark this page, check back for fresh deals, and let the savings do the talking.

Originally published at budgetsaresexy.com.

J
Written & reviewed by

J. Money

Our editorial team researches and verifies every money-saving guide before publishing. Editorial policy · About us

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