A recap of the positions I took today:
SCSS Long at 6.25/share for 500 shares. + .36/share end of day 1 for $180.00 profit. Will continue to hold until SCSS reaches price target I for first sell and price target II for second sell (see "A Risky Endeavor?")
DUG - UltraShares Pro Short Oil & Gas - Long at $39.34/share for 300 shares. + 1.15/share for $345 profit. Will continue to hold to reach sell off goal by tracking oil price movements and using technical analysis on the charts for DUG
So far off to a jump start because I picked some good entry points for $525 profit the first day of trading. These two trades have grossed me a 3.52% gain on the first day. My general goal is a 3% gain minimum per month on my overall portfolio, so I'm off to a good start.
I will be doing more extensive research on two other positions I'm attracted to as well as writing down some notes on something I call the tug-of-war which deals with general market perspectives.
Thanks to my readers so far. I've already received 2 emails and I 'm very excited to hear from more of you! Have a good evening.