A little thinking, shared.
The Sunday Club
Three mates. Three positions. A reason to catch up.
Record what you’re following, share why you’re interested, and come back to see what changed.
Follow the thinking
Positions & notes
Open a position to see an example of the conversation it could start.
NTHNorthstar ToolsAlex · Buy / long · 10 units+40.00 USDUnrealised · +4.0%
- Entry price
- 100.00 USD
- Example price
- 104.00 USD
- Entry value
- 1,000.00 USD
Alex’s entry note“I’m following their new product range. I want to revisit this after the next company update, rather than react to each day’s price.”
Example conversation
Jamie What would make you change your view?
Alex If the new range doesn’t bring repeat customers. That’s what I’ll look for in the update.
WLDWildwood FoodsJamie · Buy / long · 20 units−24.00 USDUnrealised · −3.0%
- Entry price
- 40.00 USD
- Example price
- 38.80 USD
- Entry value
- 800.00 USD
Jamie’s entry note“Interested in the expansion, but I’m keeping an eye on costs. Saving my reasoning here so I can review it honestly later.”
Example conversation
Sam Has the business changed, or just the price?
Jamie I haven’t seen an update yet. I’ll check the next report against my original note.
HBRHarbour SystemsSam · Buy / long · 5 units+12.00 USDUnrealised · +2.0%
- Entry price
- 120.00 USD
- Example price
- 122.40 USD
- Entry value
- 600.00 USD
Sam’s entry note“Testing whether I can keep a useful record of my decisions. I’ll review the reasoning with the group on Sunday.”
Example conversation
Alex Good idea. Let’s each bring one thing we learned this week.
Following a trade through
What if Alex sells part of the position?
If Alex records a sale of 2 Northstar Tools units at 104.00 USD, the realised gain is 8.00 USD: 2 × (104.00 − 100.00). The other 8 units remain open, with an unrealised gain of 32.00 USD at that example price.
A closing note can explain why Alex sold. The group can review that decision alongside the original reasoning.
This is a separate illustration of a partial close; the overview above still shows all three positions open. Figures exclude fees.
All amounts are illustrative, in USD, and exclude fees. These are fictional examples, not investment recommendations.