Hi Everyone,
Been lurking around here for a few weeks now just trying to absorb as much knowledge as I can. 2 weeks ago I started to keep a notebook with all the investments I thought were good. Still not feeling comfortable enough to really put my money out there. The thing is, I have made a 34% return in 2 weeks. My big gains are detailed as follows.
Lumber Liquidators is dropping hard. Purchase 30 minutes before day trade ends. Put sell order 2% below purchase point and 12% above at start of day tomorrow. The stock went up 14% before it started to fall back down. So would I have just made 12% profit?
Lumber Liquidators still dropping down 14% on the day. Buy at the end of trading. Sell order at 9%. I think it will go higher but too afraid to risk it. It went up past 9% that day so I made 9% right?
Short Tesla. That company is bogus and all hype. No patients, over priced, going to be outdone by driver less cars, new battery factories from competitors, or common sense. I think this is still going to go down.
Express clothing... That is my go to shop. I have seen a lot of people around my office wearing it. Buy and hold and sell if its a good profit margin. Would have sold today at 5%.
There have been a few others were I have sold to make a 2-4% gain.
So am I just really missing something? Or have I just made very good decisions? Thanks for any help!
Submitted March 10, 2015 at 08:38PM by Looking2theSky http://ift.tt/1xbKnE1
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