For a very long time I've been wanting to learn and do stock trading. When I was in college, I was hoping to find a course for stock trading but there is really not a real one. About a year ago I was so excited that someone who is a CEO of the biggest banks in Saudi Arabia, our friend, is willing to teach the basics on stock trading... but sadly they have to move back to the States and the plans to demo/teach didn't push through. I've tried quite number of online stock trading software but looking at how complicated it looks with those colorful charts, numbers and terms just made me step back and keep hoping I will learn somehow. Reading books gave me interest but I can't really give my whole time studying its complicated terms and computations with my 2 kids at home. I'm not really the kind who learns from books, I learn from investigating on my own and hands on experience.
So I was so happy because I came to this online stock trading that is so easy. So I started investing last week, I invested about 1,000 SAR which is not big enough but will be fair as I learn. I know using the demo mode will make me lazy and not be attentive on it. My husband is excited and supportive also, so we used the money we earned from mystery shopping which we kept in our paypal account hoping losing it wouldn't make us feel so guilty. This are part of our sidelines and according to his words of wisdom, losing is one way to learn, and experience and lessons are priceless. And your interest will be into something where you have invested something into. Well I have invested my bag fund to stocks, and I'll be losing the nice bag I've been aiming at, working our butt on mystery shopping to fund for it.
Anyway, when I invested corn happen to be rising at a tremendous rate, I bought at minimum, and it went up so fast overnight, then I accidentally closed the position when it was only starting to come up. Next time, I noticed I missed a lot of opportunity for corn because it was making it way up to 500 then 505, I decided to buy. Just after I bought, next minutes it came down crashing, and hoping it will go back up to 505 and rise some more so I can earn, it went all the way down and never looked back to me. I was so devastated, then I noticed this trailing stop button, I searched how it works and the way it was explained to didn't make much sense so I tried it on some other stocks I bought. Then when my stocks were gaining it didn't close because I didn't set it right to the proper pips, but it closed when I made a lot of loses without giving opportunity to gain back those loses, and to think that those I invested into are gold, and oil. I was more devastated, my money crashed and I lost more than 30% of what I invested.
But because of it, I've never been more eager to learn how the trailing stop works. I had never been more enthusiastic in stock market news and reviews. I even had been more aware of the climate and weather conditions not only around me but all throughout because it does affect the investment specially in crops. And I've never been more social in stock trading forums.
I still didn't close my investment in corn, hoping it will make its way back even just to my initial capital, hoping and praying that the market will go to our favor.
My next posts shall be a journal of what is going on in my stock trading investment ADVENTURE.
So I was so happy because I came to this online stock trading that is so easy. So I started investing last week, I invested about 1,000 SAR which is not big enough but will be fair as I learn. I know using the demo mode will make me lazy and not be attentive on it. My husband is excited and supportive also, so we used the money we earned from mystery shopping which we kept in our paypal account hoping losing it wouldn't make us feel so guilty. This are part of our sidelines and according to his words of wisdom, losing is one way to learn, and experience and lessons are priceless. And your interest will be into something where you have invested something into. Well I have invested my bag fund to stocks, and I'll be losing the nice bag I've been aiming at, working our butt on mystery shopping to fund for it.
Anyway, when I invested corn happen to be rising at a tremendous rate, I bought at minimum, and it went up so fast overnight, then I accidentally closed the position when it was only starting to come up. Next time, I noticed I missed a lot of opportunity for corn because it was making it way up to 500 then 505, I decided to buy. Just after I bought, next minutes it came down crashing, and hoping it will go back up to 505 and rise some more so I can earn, it went all the way down and never looked back to me. I was so devastated, then I noticed this trailing stop button, I searched how it works and the way it was explained to didn't make much sense so I tried it on some other stocks I bought. Then when my stocks were gaining it didn't close because I didn't set it right to the proper pips, but it closed when I made a lot of loses without giving opportunity to gain back those loses, and to think that those I invested into are gold, and oil. I was more devastated, my money crashed and I lost more than 30% of what I invested.
But because of it, I've never been more eager to learn how the trailing stop works. I had never been more enthusiastic in stock market news and reviews. I even had been more aware of the climate and weather conditions not only around me but all throughout because it does affect the investment specially in crops. And I've never been more social in stock trading forums.
I still didn't close my investment in corn, hoping it will make its way back even just to my initial capital, hoping and praying that the market will go to our favor.
My next posts shall be a journal of what is going on in my stock trading investment ADVENTURE.
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