Double To A Million - Step 18 - Another Winner
This is the third trade I have made with the DTAMP funds utilizing the DTAMP Mutual Fund technique.
But before going into the specifics of the trade and its outcome I wanted to do a quick update of other funds that came in and were added to the stake since the last update.
Received a gift from a fellow doubler and friend EDO for $5.00. Thank you Edo, I appreciate it.
During August and September found $1.15 in lost change on the ground.
Received a commission from Megastep for a sale ($5.98). Thank you whoever bought the product!
Received Ten cents ($0.10) in interests from DTAMP funds in the Brokerage account.
Also I wanted to mention Loraine, one of the Doublers who is a member over at The Doubler's Den Forum, she has returned to her Doubling Project and her blog can be found at Doubling Again Blog.
OK now I will go over the outcome of this latest completed trade.
Current Status:
Cash - $668.57
Penny Stocks - $51.00
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Total - $719.57
I made a trade using $668.56 of the funds.
Buy:
Date: 09/04/2007
Quantity: 21.770 Shares
Price: $30.71
Amount: $668.56
Sold:
Date: 09/19/2007
Quantity: 21.770 Shares
Price: $32.52
Amount: $707.96
Profit: $39.40 +5.89326%
The day after I got in I had over a 2% gain but hesitated in taking it. The market dropped after that and I sat in at a losing status for the next few weeks. But with Lehman reporting and the Fed lowering the rate 50 basis points it sent the Markets up significantly.
I got out the next day after that with a 5.89% profit.
I was pleased with the outcome. Bringing the individual trades percentage gains up to 15.82634% since July 30th, 2007.
If you consider the percentage gain on the amount I started with on July 30th, in the amount of $597.61 and the profit of $99.30 the gain comes to 16.61619% .
I am hoping to continue on this successful path.
Present Stake: $759.21
Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.
Regards,
Xinfinitum
This Doubling To A Million Blog is based upon the Doubling Plan "How to Double Your Way to a £Million in 28 Steps". It is an attempt to "Double Your Way to a Million" by going from one penny to one million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000. Perhaps by trading Equities this Goal will be obtained!
D.T.A.M.P. - Double To A Million Plan
Labels: Doublers, Mutual Funds