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I was lost. Really lost. So lost, in fact, that I emptied my entire portfolio — a stock I had purchased with intel from Raging Bull, and a stock I had purchased on a whim because bad boys do bad things. Yes, my entire portfolio was only two (2) stocks, but that’s nothing to be ashamed of when you’re getting into the game.
The fact of the matter was, I knew I needed to start taking it seriously.
And boy, seriously did I start to take it.
In an attempt to rip down the curtain and reveal all transparency, I’m on a Raging Bull email list that sends me regular updates on tips they generate themselves. I probably get four to six emails a day with info on what they’re doing. Simply put, I can’t make every trade they recommend because I don’t always see them in time.
But on Halloween, things changed. I was feeling spooky and ghoulish, and I had knocked out most of my work in the morning. When I saw the email come in, it had a stock recommendation that I immediately jumped on because it seemed legit and my coach was backing it with his British accent. I placed the order at $3.8389 for 200 shares. Not exactly baller status, but I simply wasn’t ready to #RiskItAll.
To be clear, I knew nothing about this company other than that it had the backing of my coach, Taylor. And that’s really all I needed because as I’ve stated numerous times before, I’m pretty green when it comes to this stuff.
Within the hour, I got another email — it told me that we were hoping this would get to the mid-4s but we’d be tracking it through the morning just in case something happened. Where I ended up selling was at $4.1831. And I sold it all.
Here’s some math for you — my initial $774.73 investment yielded hit me with $829.63 when I sold my shares for a cool $54.90 to put me back where my portfolio started when I began this whole thing. My mentors, on the other hand, ended up holding onto this until they got closer to $5.00 per share while my dumbass skipped out.
My hesitancy got the best of me. Deep down, I wanted to sell before they told me too because I didn’t want it to take a turn and go back to where I bought it. I went against their will. I missed out on a much bigger profit that they reaped the benefits of. To be blunt, it was the largest win (percentage-wise) they’ve had since I started this entire thing and it made everyone’s week worthwhile.
As for me? I got back in the black. I’m not going to kick myself because it was still (minorly) successful, but I’m also not going to act like I did good by selling before they told me to. This one’s on me, fam.
But the fact of the matter is, I’m now a part of #TeamGainz and that’s all that matters. Now that I’m dialed into the emails and am more comfortable with E*TRADE’s ins and outs, the sky’s the limit. $54.90 at a time. .