Bitcoin Stock Trading Experiment – Day 5 Summary

5th June 2015 – Summary

As discussed here I am trying out a service provided by First Global Credit to trade stocks using my bitcoins as margin. I will be running a real-time experiment and will publish the results here. If you want more timely trade execution information I will tweet the fills when they are executed.

Day 5 we executed two new trades, Bought 9 TWC (Time Warner Cable) @ 177.74, and Bought 6 TSLA (Tesla) @ 249.15.

Positions

Market Position Avg Price Mkt Price Cur P/L
THRM 32 52.26 51.96 USD (16.24)
MIC 20 85.14 84.54 USD (18.83)
AYI 9 178.12 179.98 USD 11.91
SCTY 26 61.35 58.52 USD -85.27
QRVO 18 81.33 83.72 USD 40.09
DTV 18 91.79 91.66 USD (5.66)
PDCO 33 48.03 47.83 USD (8.19)
TWC 9 177.74 178.21 USD 4.23
TSLA 6 249.15 249.15 USD 0

Account Balance: 23.59 BTC
Profit / Loss: -0.41 BTC 🙁

So the first week has seen a loss of 1.71%, not surprising as I’ve been long in a falling market (S&P down 1.56% on the week). The service so far seems to do what it says on the tin – just wish my trading did likewise 🙂

Good Luck

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