Total Net Cost/ Profit/ Date Symbol Price Shares Cash Profit Proceeds Loss Sell 3 0 07/01/16 AMZ Sell $745.81 200 $149,161 6,694 149,164 6,694 07/08/16 BMY Sell $75.28 500 $37,639 1,888 186,803 8,582 07/08/16 MJN Sell $89.36 500 $44,679 3,533 231,482 12,115 07/08/16 WFM Sell $33.58 1000 $33,579 1,469 265,061 13,584 07/08/16 MSFT Sell $52.30 2000 $104,599 2,578 369,660 16,162 07/08/16 WRB Sell $59.18 1500 $88,769 4,739 458,429 20,901 07/08/16 SHOP Sell $31.00 2149 $66,618 4,146 525,047 25,047 07/08/16 Table 6.6 Week 6 Transaction Record 7 Technical Trading/ Shorting Simulations 7.1 Week 1 This week for technical trading I have been looking for positive trends in stocks and following the news to see if anything major would affect the stocks I have been researching. I tried to buy all of the stocks I have been researching and monitoring the past highs and lows of the stocks to determine the oscillation of the prices day-to-day and figure out which prices to buy and sell them at as seen in Figure 7.1. However, trading every day seems rather unpredictable and makes it hard to predict what will happen day-to-day. I have done a very good job so far in predicting the trends of stocks from weekly analysis as seen in Table 7.1. I bought several stocks based on their indicators signals. The majority of RSIs were close to 70 points, which is the indication to start buying stocks because they were believed to be undervalued. The MACDs also showed that
Date Symbol Sell Price Shares Net Cost/ Proceeds Profit/ Loss Cash Total Profit 07/01/16 3 0 07/08/16 AMZ Sell $745.81 200 $149,161 6,694 149,164 6,694 07/08/16 BMY Sell $75.28 500 $37,639 1,888 186,803 8,582 07/08/16 MJN Sell $89.36 500 $44,679 3,533 231,482 12,115 07/08/16 WFM Sell $33.58 1000 $33,579 1,469 265,061 13,584 07/08/16 MSFT Sell $52.30 2000 $104,599 2,578 369,660 16,162 07/08/16 WRB Sell $59.18 1500 $88,769 4,739 458,429 20,901 07/08/16 SHOP Sell $31.00 2149 $66,618 4,146 525,047 25,047 Table 6.6 Week 6 Transaction Record 7 Technical Trading/ Shorting Simulations 7.1 Week 1 This week for technical trading I have been looking for positive trends in stocks and following the news to see if anything major would affect the stocks I have been researching. I tried to buy all of the stocks I have been researching and monitoring the past highs and lows of the stocks to determine the oscillation of the prices day-to-day and figure out which prices to buy and sell them at as seen in Figure 7.1. However, trading every day seems rather unpredictable and makes it hard to predict what will happen day-to-day. I have done a very good job so far in predicting the trends of stocks from weekly analysis as seen in Table 7.1. I bought several stocks based on their indicators signals. The majority of RSIs were close to 70 points, which is the indication to start buying stocks because they were believed to be undervalued. The MACDs also showed that
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