$100K Paper Trade Journal 6/29/18 - 09/01/18

Double up to catch up!
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Its lookin like another great day. VMC red. CGC green. MGM green. SYMC green.
I hope he's doing well. As someone pointed out, I did state early on that this was a directional stockpicking competition. And as they further pointed out, me vs him is like a roulette table vs a savings account.
Skill in the markets ultimately is knowing what stocks to buy and which stocks to short. Playing those options like he's doing, I have heard from reliable sources that if the competition was longer, he would go bust. Just like he has several times. Anyway.... sunny day here at Z's..... bought a new toy for the estate this weekend. A zero-turn mower. 48" deck. Its a hoot. Makes grass cutting fun.
Ya'll have a good day trading. Z out! :D
 
Hey there's north of $131 on VMC as expected... those Aug $135's are $6.30/$6.60
Is $6.50 fair enough for you if I wanna add?
Either way I'll add 15...
tell me the price.
 
I guess there's no whining about $6.50. Gee, Imagine that.

So 40 VMC at a basis of.... about $7.70.... now I know... I did that in my head... so don't slam me if I'm off by a couple pennies.

CGC hanging tough, SYMC continues up, as does MGM. BAC $0 ... needed that one to give Desperio a chance.
 
I'm gonna close CGC at $4.70 here.
Thats (-$600).
With 3 open positions... balance looks like $99,240
valuing (snapshot):
(30)SYMC @ 2.65
(40)VMC @ $7.75
(20) MGM@$2.75

Cash $54,790
 
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