WDC stock: My learning from August 7 to Sept 9 2020

 Sept. 17, 2020

Introduction

I like to write a short story how I start to learn from stock purchase from August 7 to Sept. 9, 2020. Life is much better since I focused on learning and mistakes I made, good articles I read about business WDC. 

WDC stock 

The stock is undervalued. Of course it went up too much last two years. I like to show the picture first, and then write down my story along the time line. 

I purchased 100 shares of WDC after earning day 10% loss. I should purchase three days afterwards. In less than one month, there is another 10% loss. So I started to read articles about WDC and MU, and those two stocks are undervalued. 

I finally waited the stock recovered, but I sold without profit. So I got back in. My last sale is on Sept. 9, 2020. I think that I should wait until Sept. 17, 2020 to sell, so that I can make $175 dollars profit. 

Those three stocks, WDC, MU, INTC are undervalue. The intrinsic values are much higher. 

Knowledge is power. I learn from reading articles, but I did not act on based on my knowledge. I need to work on this as an investor. 

The size of position is fit for my level. I should trade more, since I only had a few trades with 100 shares or over $3000 dollars; I purchased ENBL, SABR, INTC, but I did not learn quickly enough, and found my problem - avoid big loss, set stop loss. 

I need to trade more often, so I can keep finding my problems. I can work on small gains and build up my wealth. 

Do not bet too big. Market risk is important to consider. Do not neglect. Go for loss, loss, loss, big win pattern research.