Escher's Money #05: Re-cap week of June 22, 2020

June 27th, 2020.  We didn't make many actions in the recent trading sessions.  The most recent trade was a purchase at 17.80$ on the 24th of June, 2020.  The balance sheet transformed as follows:

Cash    :  537.66 $    ===>>>    519.86 $

Equity  :  495.00 $    ===>>>    462.80 $

          [25shr @ 19.80$/shr]  [26shr @ 17.80$/shr]



Though we should have postponed our sell @ 19.80$ to sell @ above 20.00$, we still managed to profit from the price fluctuation.  We should have also re-purchased at closer to 17.50$ or even a touch below, but again, our re-entry point was not bad, especially when put into perspective on the chart.  Hopefully we can continue to make some good trades.

Index Performance:    Fund Performance:
  17.80/18.54           (462.80+519.86)/1000
= 0.960               = 0.983

Comments

Popular posts from this blog

Chi Gas falls as supply contracts

The first exchange

Escher's Active Investment #01: Positive move, first sell too soon?