As of July 2016 | Jul 2016 | Total |
Beginning Capital | $0 | $0 |
Additional Capital | $150 | $150 |
Total | $150 | $150 |
Profit | -$5 | -$5 |
Ending Capital | $145 | $145 |
Trading Days | 2 | 2 |
Monthly Profit Goal [at 0.002% per day] | $1 | $1 |
ROI | -3.33% | -3.33% |
Capital
For the month of July 2016, I invested a total of $150 as my starting capital to learn day trading or swing trading using an phone app called Robinhood. By the way, Robinhood charges no fees so it is awesome! Ending capital after losses on day trading activities amounts to $145.
Profit
I day traded for two days in July [July 29 and July 30] and lost a total of $5 which is about 3.33% loss. With this loss, I missed by monthly day trading profit goal of $1.Day Trading summary
For the to days I day traded, as I only have $150 to play with, I traded mostly penny stocks.
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