Wednesday, September 23, 2020

Stock investment: Tough day for Ameritrade.com IRA account


Actionable Items

I like to think about how to continue as an investor. As a beginner, it is so important to avoid big loss. To avoid market risk, it is important to set limit of daily loss and weekly loss, and monthly loss. 

I have to think about how to set this limit, and work more using stop loss order. Another idea is to hold $15,000 dollars cash, and only invest $3000 dollars. 

I should do that when I had balance around $22,000 on June 8, 2020. What happen is to try to purchase more stock if my balance goes up. 


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