An exercise to answer the question: Can an average guy with an interest in the stock market make a living as a trader.
500 NFLX @ 73.60
$ 36,807.00 is the cost of the NetFlix trade. Cash balance is $ 16,454
Sell NFLX @ 74.63 for a gain of $ 501.00
Cash balance $ 53,762.00
Buy 13,000 C @ 4.095
Sell @ 4.11
$ 181.00 profit after commissions.Cash balance $ 53,943.00.7.88% gain thus far in a little over 6 weeks.
500 NFLX @ 73.60
ReplyDelete$ 36,807.00 is the cost of the NetFlix trade. Cash balance is $ 16,454
ReplyDeleteSell NFLX @ 74.63 for a gain of $ 501.00
ReplyDeleteCash balance $ 53,762.00
ReplyDeleteBuy 13,000 C @ 4.095
ReplyDeleteSell @ 4.11
ReplyDelete$ 181.00 profit after commissions.
ReplyDeleteCash balance $ 53,943.00.
7.88% gain thus far in a little over 6 weeks.