Monday, December 12, 2011

Valuable Investing Lesson

Did you know that it is true that most self directed brokerage accounts LOSE $$? The reason: Too much trading. It has been proven that most strategies that have worked in the past will work again in the stock market, but you must stay with the strategy. Pick an entry and exit point on the trade and don't waver from the plan-we will all be better off because of it.

First transaction;
buy 525 shares geoy at 19.03.
account value: $10,000
stock value     $  9,990
cash               $       10

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