Friday, September 7, 2007

A bad first stock week

The timing of my buying of the stocks was really bad. Right after I bought AAPL, it started dropping.
Now AAPL has dropped from 143.88 to 131.77. I put a limit order for 130 (7 of them), maybe I should cancel it.

TM dropped from 116.65 to 113.30. Not too bad.
I should have bought these two early when I bought NTES, 16-17.36.

Lesson1: Buy stocks little by little. For expensive ones, 10 stocks one time. Wait a week to buy another 10 if it's dropping more than 3%.
Lesson2: Don't buy on the first day of the week.

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