Friday, October 5, 2012

Stock Trading Update


For the last couple of months, I have been sitting on a couple stocks. My plan is to let my strategy play itself out and see if my long term investment strategy works. If my strategy plays out the way I want it to, I will have more confidence in the next batch of stocks I decide to invest in. Lately, the stock market has been bearish and my stocks aren't performing well. These stocks are really testing my patience. I made the mistake of buying stocks that do not have lot of volume, therefore the stocks aren't moving a lot. When the stocks do move they move in the wrong direction. I have created margin for error that allow the stocks to move down. I think my patience is wearing down.