Saturday, May 1, 2010
Our strategy is finding stocks that are under priced or have the possibility of making 5% in a matter of a couple of weeks. We will buy the stock at a reasonable low price and then sell the stock once our goal is reached with that stock. Our time is consumed with either finding the moment to buy or looking for the next couple of stocks to buy. There is risk in our strategy, but with some experience we have learned that overall we have made money. The key to our success is not letting emotion move our decisions. There will be times where a stock is soaring, and the possibility of making 50% in one day is possible, and the first reaction is keep the stock until you make the most amount of money. However, poor decisions such as these have lead us in big losses. Our goal is 5% a month, and we will try to stick to this goal as close as possible possible.
2 comments:
Park City Vacation Rentals
Post a Comment