Day 16:
After a week on the road, I am finally back home today. Even with me spending the whole day traveling and taking the long flight back home, I was still able to hop on one trade today.
If anything, this week long trip has proven that the trading strategy I am using can be easily implemented while traveling, on vacation, and enjoying life.
Anyways, so here is the trade that I made today:
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This is a 1 day trade with the potential of 13% ROI. There is a chance that I will close the position early tomorrow as well if the market volatility continues.
It is good to be back home, and I am ready to be more active and continue on the journey to turn 5K into 1 Million dollars.
Model Portfolio (Starting Amount = $5000): Day 16
Model Portfolio total (all calculated AFTER commissions): $5716 + $127 = 5843
Current Options Position: 3
- SPX expires Oct 9 (2 positions)
- VXX expires Oct 25
- UNG Call expires Nov 15
- RUT expires Oct 11
Position Remaining: 0
Cash Position Remaining: 1
Crypto Position (I won't keep track on the Dollar value until I sell, as that fluctuate too much)
- GTO (3649) starting value = $50
- FTM (3649) starting value = $50
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Disclaimer:
All contents that I produce are for entertainment purposes ONLY and should NOT be construed in any way as financial or trading advice. All trades that I will be writing about are purely theoretical and should NOT be construed as a real trade.