My journal

RichKidFresh

Newbie
8 0
1st entry :eek:

What's up y'all? I am about to make my first trade. I am going to buy some ZNGA(even though it has been on a down spiral, I have a feeling it will bounce back), DTEGY(They have recently switched up their plans and are getting the iPhone 5 Today), and some penny stock called, GSAT(I don't know too much about them but they seem pretty legit and even though they are ticking down just a little am going to give them a chance). I will keep y'all posted. Peace;)
 

RichKidFresh

Newbie
8 0
Good luck man! But in my opinion I wouldn't go for ZNGA, try never positioning yourself against the trend, unless you find a reliable confirmation regarding its potential reversal. Hope my message finds you well:cool:

I believe Zynga is poised to bounce once Real Online Gaming comes to the states. I believe Nevada and New Jersey are getting there permits together. I have a good feeling Zynga stocks will move up after that. Time will tell.
 

RichKidFresh

Newbie
8 0
What's up people? I have learned a lot since my last post. My first word of advice is go with your instincts. That is the best way to do anything in life. Secondly, starting out only buy two to three different prospect winners versus a bunch of different winners and losers. That's all I can think of now. If you have any questions hit me up.
 

RichKidFresh

Newbie
8 0
Okay. I have been trading for about a month and a half now. :clap:THE GOOD NEWS:clap: is that two out of five of my stocks are already profitable. Which ones you ask? Diversified Restaurant Holdings:BAGR which I purchsed at $5.45 per share which is now trading at $7.25 per share and my other winner is Fannie Mae: FNMA which I bought around $0.80 per share is now trading at $2.97 per share. Now on to :mad:THE BAD NEWS:mad:. Znyga: ZNGA is a wading game. As well as GlobalStar: GSAT. Hangover Joe: HJOE will probably never be profitable. :clover:FINIAL WORDS:clover:: Learn from your mistakes. Now that you know better you should do better. Trade wisely:cool:
 

RichKidFresh

Newbie
8 0
Here is the skinny

What's up guys? I haven't posted in awhile so let me feel you in. First off I made that rookie move of trading with money I don't have. As a word of advice don't do it. I reiterate :!:DON'T DO IT!!!!:!: Fannie Mae: FNMA plummeted from five dollars and some change to under two dollars in less then a couple of hours. I lost more then half of the money I had invested in that stock all because I didn't have a stop-loss in place. SMH. :!:ALWAYS HAVE A STOP-LOSS IN PLACE:!: Because of that loss I sold all my other stocks except one to make up for my losses:mad:.
:clover:Now I am down to GlobalStar: GSAT. If the FCC approves whatever they are trying to do I will have hit paydirt.:clover:
:smart:With that being said take this word of advice to heart. Write down where you find your information because if you hit paydirt you probably want to reference back to that credible source for your next buy.:smart:

Remember...Buy low, Sell HIGH. Or be in it for the dividends. PEACE
 
 
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