Wednesday, July 15, 2020

Sabr stock: My speculation does not work

July 15, 2020

Introduction

It is so interesting to speculate the market go up or down. I learn a lesson today and I like to write down.

SABR stock position




I like to document this lesson, and tell myself that I should stay at the moment, and then it is not easy to be a speculator. The market takes a random walk.

Actionable Items


It is not easy to be patient and work hard on trading starting from early in the morning from 6:30 AM. I learn that it is important for me to get up early, so I can have time to read and learn more about how to invest as a 53 year old.

I should have got back in on July 14 and then purchase 500 share at price $7.5 dollar/ share, then I should have recovered a lot from my loss over $600 dollars.

I also should consider to purchase extra shares since it is lowest price I should get in. I should get in when the price was close to 7.0 when market crashed a few days ago.

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