Time to reboot.
Hello, world.
It is time to admit that the first attempt at turning a thousand dollars into a million has failed. I initiated Trade 6 back in March of 2016, and since then the company (ECIG) went bankrupt. The stock is still trading, but the $1,611 that I put in is worth about $18. I have serious doubts that it will ever climb back up.
Fear not though – I am a patient man and don’t give up easily. In December of 2017, I restarted the experiment with a fresh $1,000 and have successfully completed 6 trades and am now caught up with where we failed the first time. Here are the details:
Trade 1: REXX
IN with $1,000 on 12/14/17
OUT with $1,100 on 12/21/17
Trade 2: BTCS
IN with $1,100 on 12/22/17
OUT with $1,210 on 12/22/17
Trade 3: GNCA
IN with $1,210 on 12/22/17
OUT with $1,331 on 12/26/17
Trade 4: GNCA
IN with $1,331 on 12/27/17
OUT with $1,464 on 12/27/17
Trade 5: HEMP
IN with $1,464 on 12/29/17
OUT with $1,611 on 1/2/18
Trade 6: REXX
IN with $1,611 on 1/3/18
OUT with $1,772 on 1/3/18
I am going to resume regular updates with Trade 7. Let’s see how far we can get this time and whether the last two years of watching the markets have taught me anything.
Stay tuned.
Tim H.