Tuesday, July 3, 2012

Stock Journal Update For 7/2/12


Today was a slow day. Most of my stock picks did not profit by the close of the market. This mean I will be holding on to the stocks until it profit. This sound like bad strategies but it is only a bad strategy if the trader doesn't re-analysis there stock to determine if they want to cut their losses or not. In my case, a lot of the stocks I pick are in situations that allow me to hold on to them for longer periods of time. I prefer to buy in the morning and sell by the end of the trading day. Even if it means that I do not use the full potential of the stock. I rather not take the risk and take whatever profit I can get.