Trade recap for August 31st

Not much. Just a couple scalps at IB.

BOT    1,000    TGMP    false    Stock    1.0100    USD    ARCAEDGE    08:09:53        5.00        null
+    SLD    1,000    TGMP    false    Stock    1.090    USD    ARCAEDGE    09:26:29        5.00        null
+    SLD    3,400    TPL    false    Stock    30.001    USD    DRCTEDGE    15:15:45        17.00        null
+    BOT    3,400    TPL    false    Stock    29.896    USD    NYSE    15:20:30        17.00        null

Daily profit: $393.50

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

0 thoughts on “Trade recap for August 31st”

    1. There may not be a way to access the premium section. Some of the stuff I do is on low-volume stocks. I can probably make more just trading on the information rather than giving it away. The premium section will exist within a month, but I probably will keep it just to myself or charge some absurd amount for access.

  1. Outstanding, thanks for the follow-up. In my opinion, I don’t think your “absurd” price that you mentioned is unreasonable whatsoever! You might be amazed at how quickly someone would take you up on the offer, even at those levels. I have been to trading seminars where, after the presentation, some stud walks up to the teacher and opens up his checkbook with a “name your price” for a private lesson. I remember one time when some high-roller from Vegas asked the teacher what it would take to get him to come out for a private lesson, and the teacher responded (jokingly) “Oh I don’t know, $100k and a private jet ride and the best suite on the Strip.” Without flinching the guy asked for an address for his limo driver. If you have something of incredible value – which you do – and especially if there isn’t an existing market for it, then you deserve the benefits of scarce competition.

    I don’t mean for this to be an ego trip, and I definitely wouldn’t be able to pay myself, I just wanted to say that I know you have valuable information and you shouldn’t shortchange yourself. Way to go over the past few years learning about this niche market- make it worth your while!

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