Covered 2,200 BIDU @ $235, profit $26,026

The bottom isn’t in yet, but I’ve made enough on this deal to be quite content and will just pull back and enjoy the victories as they come. I thought about covering a percentage of the position and then covering more later, but that never seems to work out for me. Besides, I just made $26,026 and need to get back to my full-time job…

This is pretty sad actually. I could easily do this sort of trading for a living. No stresses really, this is just relaxing and taking a position, then sitting back and waiting for things to turn out correctly.

I’m not a successful person, so I’m not sure if I’m acting appropriately. I’m not flaunting anything and still have a credit card bill that I hate and want to pay off… and today’s profit would easily pay for that card and buy me a nice plasma TV and new computer and a pool table to call my own!

Maybe I should be doing something more.

BIDU = 2,200 shares x ($247.33 - $235.48 = $11.85) = $26,070
$26,070 minus $44.00 (trading fees) = $26,026

Comment AddThis Social Bookmark Button AddThis Feed Button

Posted By: Michael

News Category: -Michael, BIDU

 

 

One Response to “Covered 2,200 BIDU @ $235, profit $26,026”

  1. its official..u won!

    now that you’ve beat lindsay, how about a retard attack?

    john on 06 Oct 2008 at 10:16 pm
comment
Comment