September 8, 2022 Day Trade 7
I did day trade #7 today, and thought I had a gain of at least $250 today, turns out the simulator thought otherwise. I really double checked the live market price both before and after I executed the closing of the postition and the bid/ask range was well over $4 an option (I had bought in at $3.36), but as you can see below, the simulator price was $2.06 for the 9/9 Call 399 closeout, so rather what I thought was a gain, was actually a loss, giving me a paper loss of $650 for the day, rather than a nice gain of $250. My new account value = $5592.98. I think I will stop this blog, until I get a real live account set up so this trading demonstration can be much more realistic, so stay tuned, may take a month or more to get a small account set up, but I will return back when I do.