My Account value after CNR
As you can see the CNR trade put about a 2.5% dent in my portfolio. Every trade is a new lesson, a new triumph, or a new lesson and triumph. Today was a $290.10 reminder that insurance is always nice to have, to always minimize the potential downside, to never assume anything, and to never let emotions in the game. As a whole we are now better prepared for the next run-around and I am excited to see what is next around the corner. I have always been told that is isn't about getting to the top that is the best, but more so the ride. You can never be let down by a bad trade in the stock market because it's a given fact; you will loose. It's time for another win in the summer series.
My Account after CNR
My Account after CNR
posted by Blain Reinkensmeyer at
3:51 PM
2 Comments:
Blain,
Hey notta problem covering for you man. It sounds like fun just watching the market the whole day being a day trader. I still have 6 weeks of school left, my college is a little different than most. I found it interesting to hear you were trading CNR, I bought that a while back when it was on its way up, I ended up getting greedy and put my limit order, I think thats what its called?, in to high, the market came within 8 cents, and then dropped. This was one of my first trades, I ended up losing a little, less than $10, and the commisions. But I also had only invested $500 so it was about the same % loss as you, anyhow I learned my lesson and moved on. Best of wishes for your next trade..
Good Luck With Everything!
Mark
By
Anonymous, at 5:43 PM
lol Mark that is awesome man. The first thought that came to mind was "It's a small world" but I then again the investing community is HUGE. That is awesome that you traded CNR as well and I am glad that you only lost $10. Thanks for the good luck always and have a good one yourself man. I look forward to seeing how ya do in the next contest.
By
Blain Reinkensmeyer, at 1:15 PM
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