Trade #1 went off without a hitch. I was able to turn $436 into $513 in just a couple of days! WOO HOO!!
Ok, maybe its not exactly WOO HOO worthy, but it is a positive return on my investment in just a short amount of time. 20% return is the goal for each trade from $400 to $1,000,000 and this was the first step of many.
Today the cash settlement for my trade was completed and is ready for reinvestment, so I am searching diligently for my next investment. As soon as I find it I will post it here the night before I make the trade, or at the very least, before the market opens on the day I make the trade.
I will post my purchase price, and when I sell it, I will post the price it sells. Remember, the goal is 20% per trade.
Thanks for following my progress:)
God Bless!
PS I did not pick this stock myself, I used a newsletter that you can sign up to receive for free at www.signupstocks.com .
DISCLAIMER: Keep in mind that I am not a securities advisor nor am I suggesting that you purchase any stocks that I post on this blog. If you do invest in any stocks mentioned in this blog, you do so with the understanding that you could lose every penny of your investment. The purpose of this blog is to give would be investors encouragement and hope, and help them realize that you can make money in the stock market, even in a bad economy. I have not been paid to promote any stocks that I have written about in this blog. Please invest in stocks based on your own research. I'm a truck driver, not a financial advisor.
Please feel free to email me with stocks that you feel are a good play. Email me at investmentstratagies@yahoo.com
Thursday, June 25, 2009
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