the first real win — trimming SPCE for +$778
Six weeks after I bought it, Virgin Galactic finally did something. I sold 500 shares at $4.40 against an average cost near $2.85 and booked +$778 — my first realized profit since I started. Read: the position I did nothing with for six weeks, and what it paid →
Selling half, keeping half
I deliberately sold under half the position. The stock had run roughly 55% off my cost and I wanted to take real money off the table, but the move didn't feel finished, so I kept 554 shares running. That decision — take some, let the rest work — turned out to matter enormously three days later.
What strikes me now is how little I did to earn this. I didn't watch the tape. I didn't manage it intraday. I bought in April, ignored it through most of May, and sold one lot when the price got interesting. One trade, one decision, $778.
Six weeks of doing nothing produced a bigger single win than most of my active trading days would later produce in a week. That's not a coincidence, and it took me until August to properly admit it.
Where the account stood
This put me at +$778 realized since I started trading in April — and still holding 554 shares of a stock that was clearly waking up.
Keep reading
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