First Trade of the Year

I pretty much cleared out all my positions from 2021. I wanted to start 2022 with a clean slate. However, I did carry over 2 positions to trade with. One is 100 shares of Tesla and the other is 1000 shares of Nvidia.

I was in NVDA to end the year at $294.10. The market opened up and NVDA shot up to $307. I placed a Stop Loss at $305. The market backed off and my stop price was hit. I start the new year with a $10.900 gain on my first trade. I was out of this position by 10am.

 

12/31/21 – Buy 1000 Shares NVDA @ $294.10

1/3/22 – Sell 1000 Shares NVDA @ $305.00

Profit +$10,900

 

It’s always nice to start a new year with a gain like this, especially  after a down year. Let’s hope this is the beginning of a great year.

I think I’ll take out my first salary of $2000 to help pay for Christmas gifts lol.

 

Successful trading,

Steve

The Options Coach