Contest: October Third Daily Challenge
Final Rank: 7
Final Portfolio Value: $101,621.37 (+1.62%)
Trading Strategy For This Contest
For the October 3rd Daily Contest I picked a mix between triple-leveraged ETFs and a few companies that I felt were undervalued. The triple-leveraged ETFs are great for a daily competition because the profits are huge if you are on the right side of the market. My big winner ended up being FAS, a triple-leverage financial bull. I also made a good profit on AMZN and GOOGL because I felt they were undervalued and I got lucky because they had a lot of positive movement that day.