Thursday, September 3, 2020

Stock investor: My mistakes as a beginner

 Sept. 3, 2020

Introduction

It is the day the market has a big correction. MSFT stock has 6.2% loss, intc stock has over 5% loss. I did not learn how to stop loss this morning, I chose to purchase 100 shares of WDC and 7 shares of MSFT. I should stop loss at price of $51.9 with MSFT stock. So I like to look into mistakes a beginner makes and lessons I should learn from. 

Stop loss





Lessons I should learn

I should set stop loss on my 200 shares of INTC position. If there is more than 3% loss, then the loss is $300 dollars. I should sell the positions to cover the risk of big loss. 



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