Investing in the Stock Market Part 2

It has been a little bit more than two weeks since I have invested into a company that publicly trades on the stock exchange. At this point, my portfolio is up over $100 if I decided to cash out today 2/29/2012. I have a stop loss order that will ensure me at least a $70 profit. This stock has been looking good with only two days in which the stock lost points. I still plan to hold it through March and April with the possibility of cashing out in May depending on if the stock is still hot! I’ll just have to find another way to fund my necessities.

Now, I am a former casino addict. Let’s be blunt, a former Treasure Chest casino fiend. A major problem of losing lots of money developed. I was heavily involved in a zero-sum game, craps. I always felt I was intelligent enough to beat the system. I’ve mimicked dice progressive systems using excel that demonstrated how I would lose. Lo and behold, I lost. I have since abandoned those beliefs e.g: dice throwing control, martingale system, don’t pass, laying the 4 and the 10. (In a later post I’m going to post my Win/Loss statement from the year 2011. It was down bad for real, for real) Nevertheless, the best odds one can get at the casino is about 46% at the craps table betting the pass line with full odds. With the stock market, the stock either gradually goes up or down, 50% > 47%. Pick one! I choose 50%. Of course it is not that simple as I can imagine a seasoned broker saying, “you must be willing to lose everything you invest.” Will holla lata…


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