Each Friday, we provide an update on the current live tracking portfolio (as of the previous day’s closing prices), a summary of the last week of trading activity, and updates on any significant developments among the companies we have positions in.
On May 30, we launched The Trading Club to show subscribers exactly how safe trading strategies work using a live $100,000 trading account. As of Friday, August 15, we’re up 9.7% to $109,705 in the first 77 days, or a 55% annualized rate of return, with relatively low volatility along the way.
Today, Porter says: If you’ve never shorted a stock before, start small… just sell one share short. It’s a good way to learn how to profit from companies that are definitely going to collapse in a credit-default cycle. Don’t just watch your savings evaporate. Do something. And do it now.