Sunday, 22 March 2015

2015 Stock Market Challenge Journal Entry 6

During my time trading stocks something that I have learned that can be valuable to trading, is that sometimes it can helpful to get some advice. Although, when it comes to managing money, you need to be in control and make educated decisions for yourself, sometimes others know best and their input can help to boost you forward or even guide into making a beneficial, educated decision for yourself. I learned this when a peer of mine had told me about a stock he had recently invested in, he had explained to me how the stock had become relatively volatile and if you could invest in it at the right second and pull out when it reached its peak, it could bring back a high return. At first I was hesitant but after researching the stock I was able to see that he had been correct and from that place I was able to make a decision for myself, with his advice that brought me back a high gain.

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