Today was the day I decided to start trading stocks. I have watched carefully a few stocks over several months. Today, one of those stocks had good news. It is a fairly inexpensive stock. I chose to buy 1600 shares, based on the money I had in my account. I put my order in before the market opened and by the time my stock was purchased, it had already climbed $0.24.
Oh well, I thought. I guess that was a mistake. Another opportunity missed. I watched the stock for about 45 minutes. It went up a little more and then started to come down. I was in a state of panic. I don't have money to lose in the stock market! I continued to watch and it began to rise again. The trading was considered extremely heavy for this little known company. I decided that I would sell. It had gone up enough for me to make a small gain. I was only hoping for a couple hundred dollars for my first attempt anyway.
So I pulled the trigger and sold. It only took me one hour to complete and in the end, I had earned $550.00. Not bad for an amateur. So my experience went well. I feel more confident and more willing to participate now. Next time, I may relax and wait longer before jumping. It was very exciting.
Squeezing some green out of wall street .
Peace and love. Until tomorrow...
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