Hello everyone! I opened the position of 3M Company in the middle of summer.
3M Company (MMM: NYSE) 2018.07.10 – 2018.10.09.
Opening price: 201,18 USD
Opening date: 2018.07.10.
Cost of transaction: 0,6%
Closing price: 211,85 USD
Closing date: 2018.10.09.
Result of the trade: +4,7%
This trading had all the advantages and disadvantages. Summer is characterized by the lack of volatility and you can see the result of it. 3 months passed and the paper did not rise much. But at least a little yield was achieved. Keep on doing.
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