It is now Day five and here is where the stocks sit:
1) INTC - 405 shares - $8444.25 purchased 12/11/6 at $20.84 per share. Current price $20.73
The INTC shares went from $20.84 on purchase to $20.73. This is a loss of $0.11 per share which results in a net loss of $44.55.
2) T - 300 shares - $10404 purchased 12/5/6 at $34.68 per share. Current price $35.64
The AT&T shares went from $34.68 on purchase to $35.64. This is a gain of $0.96 per share which results in a net gain of $288.
3) YHOO - 38 shares - $1042.34 purchased 12/5/6 at $27.43 per share Current price $26.75
The Yahoo shares went from $27.43 on purchase to $26.75. This is a loss of $0.68 per share! Which results in a net loss of $25.84.
4) IQWB - 58 shares - $9.28 purchased 12/11/6 at $0.16 per share Current price $0.10
The IQWB shares went from $0.16 on purchase to $0.10. This is a loss of $0.06 per share which results in a net loss of $3.48.
The value of my portfolio now stands at: $20,110.05 which means I have made $110.05.
All of my gains are from the purchase of the AT&T stock. If I had purchased only AT&T stock with my initial investment money I would have been able to purchase 576 shares. This would have given me a profit of $552.96 in less than a week. But, I didn't do that.
I feel that the AT&T stock may rise another dollar higher so I'm going to put a fictional "sell" order into my portfolio now. If T stock hits $36 I will sell it all. I will also put a fictional "buy" order in that if AT&T stock drops down to $35.50 AFTER I sell it I will buy it all back.
A common practice among traders, who are not full-time traders, is to leave orders for their brokers telling them at what price points they want to buy or sell their stock at. This enables you to sell at a predetermined price but not have to sit around watching the stock all day long.
DISCLAIMER: I am not a stock market analyst. Following the suggestions in this series of articles is done at your own risk. The buying and selling of these stocks, in regards to this series of articles, is entirely hypothetical as no money ever changes hands. Before you invest in any stocks or bonds please take some time to talk to someone who knows more about the market than I do!