Wednesday, September 1, 2010

Lesson learn: Don't look at small money

Yesterday I brought Gent back at 1.71 because it breaks 1.68. I sold half at 1.74 intending to sell the rest EOD simply to save commission. After pondering the words by my broker to overlook things like commission. He says I have no reason to sell the rest because the stock is at day high. I oblight and keep the rest. End of day, Gent closed 1.80.

Don't be particular about small money, it will prevent big money to come your way in trading.

Sold at 1.82 for the the other half of Gent. (Gent went to 183 and drop to 175 thereafter).

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