The Long Mile Trading Session
Today’s Results: +$409
Today is a century+ ride and so we have to get on the road as quick as we can. It is a 343 mile trek from Billings, MT to Rapid City, SD and we have three days to knock it out! According to my new app called “Coverage?” there is no internet between here and there and so I needed a good win today. The markets were a mixed bag of tricks. I was up. I was down. In the end I was able to pulled through with a respectable gain of $409.
I started thinking about the returns in the account. We’re up $5535 on the trip thus far. If you think about the ROI (return on investment) that is about 22% return in 24 days. That’s just shy of 1% return a day or $250 of income per day. Extrapolating that out – it is about $5000 per month or $60,000 per year. I should point out that losses are included in those numbers. I have had a total of 3 losing days and 16 winning days for a total of 19 trading sessions.
We’re having a great time and met some wonderful folks last night at the event. I want to shout out to Chris and his dad who drove in from Livingston, MT. Chris has been with Apiary for a few months. One of the cool things about them is that they are beekeepers – they have almost 3000 hives! Thats a lot of bee’s. Chris will be joining us at the end of the Pedals and Profits adventure for the Summit in Boston. We’re expecting good things from you, Chris, in the next two months!
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