First March Trade

The following information is for educational and entertainment purposes only. Rio Verde Trading and the author make no claim that anyone can or will achieve similar results in their trading.

March 8: Yesterdays setup in IGV was confirmed today. Bought to open 50 IGV at 95.3195.

March 9: A sell signal has me selling to close 50 IGV at 96.02.

Net Profit $31.02, ROI  0.756%

Circumstances at work had me closing this trade twenty minutes before the close instead of at the close, which is the strategy norm. The closing price of 96.26 had the potential of another ten or twelve dollars profit. Win some lose some, that’s life.

Anyone interested in gold and silver investments, it is still not too late to get in on this precious metals bull market. At these prices I am still adding to my silver bullion account on a weekly, dollar cost averaging basis.