Trading account returns go into profit - but I still manage to cock it up!

O rejoice and be merry!

TEK:Tekcapital really took off today so I sold my holding and banked £120.77 (24.5%) profit.

Unfortunately if I'd not been focused on my work, I would have had time to watch the market, but instead I set a limit sell order at 17.5p not really imagining it would get that far.

Within an hour is had triggered at 17.55p, but if I'd left it alone it went up as far as 20p before dropping back to end the day at 19p after a 40% rise. So I could have got as much as £206 profit if I had timed it right and not set the limit order.

Never mind. I wrote in my blog at weekend that I'd be happy with around 25% profit and I am.

It has quite an impact on my year 4 performance,  raising the average rate to £15 (10%) per month, but understandably it has a smaller impact on my overall performance, raising it into profit of £2.33 (1.5%) per month. The important thing is that it's a profit, so I don't feel like a complete waste of space any more.

When you add the proceeds to my cash, I have £648 to invest in something new. That will take the portfolio cost up to £2,490 which is very nearly my £2,500 target. Unfortunately it means I can't bank the £120 profit and reduce my injection, but I will do that when I next make a profit.

So, the big question is what to invest in next?

I don't want to rush in, but on the other hand this is a good time to buy.

I've been looking at shares that increased in value today as the majority dropped. I figure these must be regarded as good enough value to buck the trend.

I mainly looked at shares I've held before, as I know something about these companies.

At the moment my favourite is JLP:Jubilee Metals as it could double in short order. My main holding is still well down, but I think it should return to 4p within a very short time, and that would give me enough profit to sell.

TRMR:Tremor is another one that I already hold in my trading account as it's very volatile, and on an upwards run.

C4XD:C4X Discovery were in my ISA briefly and I sold them at 52p for £86 (6%) profit. They are now 16p so I'm really glad I sold them, but they climbed 22% today and may be a part of the Covid-19 bubble.

The other company is in my watch closely list. THS:Tharisa seem to be under-valued and growing to recover from the Covid-19 crash, but would they climb enough in a short period?

I'll see what things look like in the morning and decide whether to jump straight back in or hold the cash for a while. Very tempted by JLP:Jubilee Metals though...