One has to participate in the game to be able to win.

Once, one of my colleagues said - "If I ever win a lottery, I will pay for your vacation overseas".

My response to this kind offer was - **"How often do you play the lottery?"*.

The colleagues answer was- **"Never"*.

While the offer was a kind gesture, it wasn't genuine. Probabilities of winning a lottery are already super low, but if you don't participate probability of winning is zero. In order to have any chance to win at anything one has to participate.

When it comes to stock markets, the goal has to be a long term win. Not only one has to participate, but it is also important to stay in the game.

Above spreadsheet shows the closing prices for the stock prices by StockDweebs and my picks.

On Monday, I chose to trade only one of my picks - $HHR. Almost all of my picks on Monday performed as expected, except for the one that I chose to trade on. $HHR dropped a little bit. One Tuesday I bought more of $HHR stocks and doubled my position. On Tuesday $HHR went down more. I looked at the chart again, and at this point realized it was the time to get out of this trade. I placed a limit sell order for a break even price and sold the stocks on Wednesday. For the rest of the week $HHR didn't move much and stayed red.

This was a break even week, and I am glad it is. It could have gone negative.

*One has to participate in the game to be able to win.

Hopefully, next week there will be better opportunities to trade.

Posted Using LeoFinance