Monday, December 12, 2011

Paper Trades with Friends

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. 

3 comments:

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  2. I 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.

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  3. Price went down to 64.62 today 12/13/11. Thinking of placing some shorts as a hedge. Volume is mediocre.

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