Thursday, April 16, 2020

MUR trade 04/16/2020

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 (04/16/2020) I bought and sold 5 MUR shares, bought @ $7.00 and sold @ $7.25.

     $36.25.............sold 5 MUR @ $7.25
     $35.00........bought 5 MUR @ $7.00
     $  1.25 total profit

      $1.25 / $35.00 = 3.57% ROI

     This market (and oil) continues to worry me and I will take profits when available. Last week MUR was bought and sold  for slightly lower prices and I hope to trade MUR again as it heads higher. 

     A 3.57% ROI in 1 day is a VERY nice return and remember the $35.00 used to buy and sell today on MUR will again turn to cash on Monday to be invested again.

Disclaimer, I am not a professional
your comments are welcome and appreciated or

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