Week 1
In the past week, i have become familiar with the basics of the stock market and the trading of stocks. During this week i invested in the stocks that i was familiar with and avoided those i did not know. As the week passes by i started learning more about how the stock market works and learning how to read the stock charts. Closer to the end of the week i started getting familiar with more stocks to widen the range of my investing.
In the past week, i have become familiar with the basics of the stock market and the trading of stocks. During this week i invested in the stocks that i was familiar with and avoided those i did not know. As the week passes by i started learning more about how the stock market works and learning how to read the stock charts. Closer to the end of the week i started getting familiar with more stocks to widen the range of my investing.
I was still blind investing, i did not know what i was doing. My only strategy was to invest in the stocks that were going up. This strategy did not turn out very well for me as i invested in some stocks that were at their peek and dropped substantially.
My first investment was Fitbit. this was not a good decision as it was at its highest its been in weeks, it then started to drop and i thought it would go back up but it continued to drop. i lost about $3,000 dollars in this investment. i then invested in a stock that i saw in the news which was EPD. this stock helped me a bit to make around $1000 dollars.
On Sept. 6 i made a bad decision of investing in NUGT which is a gold stock. this was a bad decision because i did not know anything about gold stocks and how a lot of the markets effects the outcome of the gold stocks. I lost a good amount on NUGT that day and i quickly sold them.
My first investment was Fitbit. this was not a good decision as it was at its highest its been in weeks, it then started to drop and i thought it would go back up but it continued to drop. i lost about $3,000 dollars in this investment. i then invested in a stock that i saw in the news which was EPD. this stock helped me a bit to make around $1000 dollars.
On Sept. 6 i made a bad decision of investing in NUGT which is a gold stock. this was a bad decision because i did not know anything about gold stocks and how a lot of the markets effects the outcome of the gold stocks. I lost a good amount on NUGT that day and i quickly sold them.
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