I bought BCC at $310 expecting it to go back up to $700 later in the day so I could turn a quick profit... it's been going down since, I sold out at $240 and took the loss. Now it's about $175 the last I looked. Having something to hold long term sounds good. If not, all I'm out is $65.
RE: $XEL Price has more than tripled in the last week
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$XEL Price has more than tripled in the last week
Well it is always easier to make money on long term trades as long as you are investing in something which has a long term future.
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Good point! I learned my lesson about quick profits!
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Me too. That is why I stay away from day trading most of the time because I make big mistakes! I still dabble but only small amounts because it is something I'm so bad at.
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It's up a penny... I made a buck already!!! This is the first thing I've invested in that hasn't totally tanked!
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Being really new at this, I need to start exploring before I jump... I'm certainly old enough to know better.
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