Double To A Million - Step 18 - A Good Trade
As I mentioned earlier a large portion of the DTAMP stake is tied up in a trade. It was down (-14.57%) the other day but has turned and is now sitting at (-7.68%) so the loss was nearly cut in half. Hopefully it will continue to rise but there may still be a little while to go on this trade.
I made a second trade with the funds I collected since getting into the last trade on 10/25/2007.
This is how that trade went.
Cash Available - $279.57
I made the trade utilizing $279.55 by purchasing a DTAMP Mutual Fund2 which is based upon the Russell 2000.
Buy:
Date: 12/19/2007
Quantity: 11.962
SharesPrice: $23.37
Cost: $279.55
Sold:
Date: 12/21/2007
Quantity: 11.962
SharesPrice: $25.19
Cost: $301.32
Profit: $21.77
Percentage Gain(Loss) : +7.78783%
I went food shopping with my wife after I took her out to eat to celebrate the winning trades. I had made another trade in our Traditional 401K with another mutual fund based on the Russell 2000, only it it is leverages at 2.5 times. That trade made +9.67456%.
At the supermarket I saw Sherry, an employee at the store and she found ($0.23) in change on the floor while I was there and gave it to me to help with DTAMP. I appreciate her help. It is great to have support from others when doing a project like Doubling.
Present Stake: $1040.10
Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.
Regards,
Xinfinitum
This Doubling 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.
D.T.A.M.P. - Double To A Million Plan
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