As one of my three main objectives at the beginning of the year I told that I want to make money. To do so I started to use two methods. Tim Sykes Method for pennystocking, and Turtle method for Forex. Lets focus on pennystocking for now.
On January 25th I picked two stocks using Sykes method. I picked NVGN and RNN. I shorted 500 shares of each. NVGN at 1.44$ and RNN at 1.52$. Yesterday February 2th, I covered both my positions on them. NVGN at 1.01$ and RNN at 1.45$. This makes me a profit (before trading fees) of 215$ for NVGN and 35$ for RNN, for a grand total of 250$ profit.
Here are the stocks on my watch list now:
SCON
ZANE
BLDP
No comments:
Post a Comment