Here are the rules. You respond/comment to this post with a paper trade. Provide the stock, the amount and price you are buying and what your strategy is. Then, we wait a few days, weeks or however long depending on your strategy to see if your play worked out. I recommend try a few short term trades just so we can have some fun with it for now.
My first trade is in the response to this post.
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ReplyDeleteI am going to buy 1000 shares of COO at 66.39 on 12/12/11. I expect it will go up to 72.00 within two months; but, my strategy is to sell it as soon as it moves up to 68.00. I'm going to place a 5% stop loss to protect my trade in the event of big downturn.
ReplyDeletePrice went down to 64.62 today 12/13/11. Thinking of placing some shorts as a hedge. Volume is mediocre.
ReplyDelete