Tuesday, 20 October 2015

This week, my top gainer was short selling gold. Gold was down this week in the market so I watched it fall a bit before making any moves. It dropped a couple bucks and I made most of my money this week from doing this.
Last weeks high for this gold ETF was around $62 and the low reached approximately $45.

Tuesday, 13 October 2015

This week my biggest gains came from a gold ETF called Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG). 


Over the last 5 days gold has gone up a lot so I decided to take part in this money maker. I bought about 20,000 shares at a time of JNUG at around 55$ and I waited for it to spike up a couple bucks and I sold it after I was happy with the profit I had made on it. I don't like staying invested in a stock for too long, once I'm making money I pull out and keep the profit.

Sunday, 4 October 2015

So this week, one of the biggest gains in the stock market came from gold companies. I didn't make a whole lot of money off this but i made a small amount of profit from investing in a gold ETF.
Above is a graph representing Friday's gains in the stock market from the gold companies I invested in. As you can see it went through a dramatic increase this week. Another thing that surprised me was the fact my Velocity Shares company had dropped so much that day, it did the opposite of everything else.
I almost lost a lot of money because I had bought shares of TVIX rather then short selling at first. But my pull out game is way too strong to be losing money, I managed to sell the shares while I was still up still making some profit.

Sunday, 27 September 2015

This week I was extremely successful in the game. I still stuck with the same companies including: TVIX, JNUG, EOG. I gained more confidence this week and invested more shares at a time into each stock. In one of my gold stocks I invested about 30,000 shares and put in a stop-loss order (which I learned this week and came in handy)once the stocked dropped 10 cents and made a lot of money off that. I did that with a few of the other ones to and they were all successful. One of the biggest surprises I had this week was when I short sold RIG, an oil drilling company.
I watched this stock rise and rise for a couple of days when I decided to short sell it thinking it may drop soon because it was so high. Next thing I know, later in the day the company was being investigated for corruption and fraud which dropped the share price drastically and I covered it immediately.


Sunday, 20 September 2015

       So far, I have made a lot of trades, good and bad, that taught me new things. At first i was experimenting with random stocks that were cheap. I made little to no gain on these stocks because they didn't move around a lot. I tried investing in some mainstream companies like Adidas and Google but the rewards didn't get me anywhere or they even lost me money. I started doing some research on stocks that were cheap/high risk to make quick money. I started investing in a shares company, gold company, and a casino company. At first I didn't really know when to buy and sell these stocks but as i watched how they moved throughout the day I began to pick up their patterns. 
          Occasionally Ill find some new stocks and invest in them too but I like to stick to whats working right now as they make me the most money right now. I usually buy at the beginning of the day when they are the cheapest and sell in the afternoon around 11am-12pm as they all reach their daily high. Just recently I learned about short selling a stock and then covering it. When I know my stock is at its peak Ill short sell it and cover it when I see a big drop. It's nail biting sometimes but I'm enjoying the game. I try to remember that patience is key. Obviously investing in high risk stocks can be tricky but as I've learned so far, high risk equals high rewards.