Saturday, June 23, 2012

Stock Trading- Example Of Patience


 For the Last 5 days I have been waiting for this Stock to break even to gain on its price.

On 6/18/12 I Shorted:

Stock Name: BV (Bazaarvoice Inc)
Entry Price 18.84

The Next Day (6/19/12) the stock ended at: 19.25
The Price went up by 0.41 cents

This went patience and knowledge is a really important. But I reviewed the stock chart and the indicators and from my analysis I decided to hold on to the stock.

The following day 6/20/12 the stock ended at: 19.80
I did the same thing; I check my stock chart and my indicators and decided I would hold.

For the next two stock trading days, the stock started to come back down.

6/21/12 stock closed at: 19.43
6/22/12 stock closed at: 19.14
I am going to continue holding on to this stock. The price isn't where I would i like the price to be:

To Be Continued.....
stock trading journal