Wednesday, April 08, 2020

MUR 04/08/2020 Trade

This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.

            $381.94 self-imposed April trading limit.
            2% of $381.94 = $7.64 April profit needed

     Today (04/08/2020 1 bought 6 MUR @ $6.60 and an hour later I sold the 6 MUR shares @$6.94.

     $41.64.........sold 6 MUR @ $6.94
     $39.60...…..bought 6 MUR @ $6.60   
     $ 2.04  total profit

     $2.04 / $39.60 = 5.15% ROI

     How I determined my "buy & sell price", MUR spent the morning in positive territory (meaning above yesterdays close of $6.61).
     I bought it $0.01 below yesterdays close and for the sell price I picked $6.94 because an even dollar amount is often a resistance level.  



Disclaimer, I am not a professional.
your comments are welcome and appreciated or
 e-mail...…..   1948modelblog@gmail.com


     

      


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