My trade plan: EXPR stock

 Dec. 15, 2020

Introduction

It is time for me to learn how to work on my long term goal as a stock investor. I bet on EXPR stock and I like to get 100% return in less than six months. 

My trading plan

1. I will not sell any share of 2300 EXPR for profit before I will have 100% return in next 6 months; 
2. I like to take some time off to focus on my job and fitness and other projects; 
3. I do not like to sell shares if the price goes down 30% to 50%, instead I like to add more shares;
4. It is my bet and I bet that US economy will get better and Express Inc as a business will survive in next 12 months;
5. I choose not to aim for a small amount profit, and I like to enjoy the learning of business in retail or other distressed industries. 
6. I should consider $19,500 dollars I have in my Ameritrade.com IRA account, and take some time to find trades to work on. 
7. I will spend time to read articles about business and learn more about finviz as a tool to work on stock research. 
8. I will use HSE.TO - my experience to help me go through tough experience to hold 2300 shares of EXPR. 
9. I will learn the lessons I learned from MRO, SABR, INTEL, and PK and ENBL stocks. 
10. MRO stock investment lesson is here. 
11. I am willing to lose all of those $2800 dollars on EXPR if EXPR goes bankrupt. I will try to figure out how to have some profit later in my account. 

My IRA on Dec. 15, 2020.