June resultsThe last two months have proven to be very volatile.
Good opportunities to buy and sell as quickly as possible. Flip, Flip, Flip.
I say follow what the institutional traders do!
Keep in mind its all speculative plays, so its money at risk. June 1/10 My TFSA bal was $14,771.50 - July 1/10 its $16,268.25 - up $1,496.75
June 1/10 My RSP bal was $69,685.21 - July 1/10 its 69,112.06 -down $573.15
My combined total last year July 01/09 was $31,666.78 - July 01/10 its 85,380.31 - up $53,713.53
_____________
My balances piqued on June 18/10 to $90,093.31
The first half of June I sold what I picked up in the last two weeks of May.
The last two weeks of June I have been picking up stock again.
I hope July repeats what May and June have done for me. Buy low and sell as quickly as possible.
As of July 1st my combined cash position is sitting at 28% - 29%.
Now I need to bring it back up to 40% - 60%.
_________________
My gross sales for June were $7,228.95
Net = $6,527.00
101 trades @ 6.95
June has been my highest net sales month this year.
Strong enough to overcome the slide in the marketplace on my non-sold holdings.
__________________
To make money everyday you need to have stocks on hand to sell - its the nature of the beast.
Its the biggest reason to always keep a strong cash position to pick up the dips.
_________________
I've included a screenshot of my Daily Trades,
plus screenshots of my RSP and TFSA Balance pages.
___________________________
___________________________
___________________________
____________________________________________________________________
Thanks for checking out my page. Red MarsMy current short term combined account goal (RSP & TFSA) is $91,000.00
Why I Trade Penny Stocks - Part 17Why I trade Penny Stocks - Part 18Why I trade Penny Stocks - Part 20Why I trade Penny Stocks - Part 21
http://hypem.com/RedMars______________________________“Ideologies separate us. Dreams and anguish bring us together.”
Eugene Lonesco quote