Wednesday, September 3, 2014

To Explain

So i begin by explaining my utter lack of knowledge on the subject of trading stocks on the market. The whole goal of this blog is to basically recap my thoughts, and really whatever comes to mind. lets begin with, my how you say, business plan. Right now i have created a very simple "game" to get me started with the inevitable day to day monitoring of the market. When i do start trading stocks i will begin with ten thousand US dollars. So right now i gave my self that budget to being with and picked stocks that i feel have some kind of potential for upward movement. I will not sell unless they are obviously worth more now then when i purchased them. I will talk about my results soonish but first i want to talk more about my plan. I wish that when i was still going to school i had picked the path of economics but sadly i did not (it and adm mgt yippy). So in my mind going back to school really is not the best option for me right now. If i was 18 again or not married and bills to pay, house to buy, kids sometime in the future, and more bills to pay then yes i might go back to school. But thats just not in the cards for me. So i will do my best to self educate my self. The only reason that i feel this can work is because basically i have the understanding that what really matters with this "path", is not jumping the gun when things are not going well. Just because a stock is doing bad does not mean that it will tank for ever and money down the drain. The other thing i have learned so far is that i need to work hard, always try to learn more, and hope for a little luck. I am tired of typing so i will be back later. yes this will basically be like a journal for me and not much more.

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