Saturday, March 15, 2014

Sold a stock for the first time!

And I thought I would not do stock trading.

Despite the risk tied to it, there I was breaking a promise to myself not to proceed to stock trading.

Below is a notification from COL Financial indicating my Buying and Selling activities.

On the GREEN tab appears the stocks I bought and when I bought them. The RED  tab shows the stock that I sold and the date I sold it.
I have instructed COL Financial to buy 500 shares of BLOOM for me when it hits the price of 9.00 and so COL Financial did it on March 3, 2014 when the price hits exactly 9.00.

The next day I instructed COL Financial to sell 500 shares of BLOOM for me when it hits the price of 9.66 and again COL Financial did without any trouble on March 7, 2014 giving me a net profit of 259.65.

I made a buying and selling preview on Microsoft Excel which I use to tinker on stocks, like experimenting and speculating.

I decided to sell it at 9.66 because I had set my satisfaction level to 5.7% gain.

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I will regret selling this stock later. See here why: Hindsight is better than foresight.





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