Investing 102

[GregWeld]

Originally Posted by captainofiron

Yea I wasnt trying to get too cute or too smart for my own good

Well I set aside some cash to invest in oil while its down, call it a gamble if you will. But I used half one day with the limit order and it dropped about 0.50 less than what I got it for, so the next day I did the same thing, but it dropped again, today its up, so I definitely feel good about it, I was down like 10% with all the oil price drops on my energy sector, but after I used that limit stop, its only like 7%
Feels like a winning move to me, haha

thanks again

Good moves! Glad this worked out for you. Wasn't singling you out -- when I respond I need to respond in a way that everyone learns something or gets some info to think about.

Half the game is MENTAL --- the other half is just doing. Many get paralysis by analysis... or "wait fever" and never can pull the trigger because they just know they're going save a nickel tomorrow.... tomorrow never comes and the waiting turns into wasting time.