Saturday, May 09, 2020

MUR trade 05/08/2020

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.

            $457.40 self-imposed May trading limit.
            2% of $457.40 = $9.15 May profit needed.

     On Friday 05/01/2020 I bought 2 MUR @ $10.98 and  on Friday 05/08/2020 I sold 2 MUR @ $11.48.

           $22.96...…….sold 2 MUR @ $11.48
           $21.96.......bought 2 MUR @ $10.98
           $ 1.00 total profit

          $1.00 / 21.96 = 4.55% ROI

     The price of crude oil continues to be depressed but we are taking profits when available. Small profits (although 4.55% ROI is not small) can add up to nice overall gains. 
     I am not opposed to playing MUR again, just wanted to lock in some profits.

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


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