Posted by: Team Player January 6, 2008
Making Money with Eminitrader
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Hey Aman, I was also inspired to trade after reading this post too. Whenever I come to sajha, I expect to see some updates on this thread. I think lot of people do that but only few people bother to write. Since we all had leared a lot from this thread, how about sharing some experience too.

I am not a professional trader however since I started, I am totally into this. I have been reading every financial news and articles, watching every shows, and reading every blogs. I go to wsj or cnn money rather than Hi5 or facebook these days( I'm internet sabby can't stay out of my laptop).

I started trading with list of 6/8 stocks at a time. From the risk balance perspective, it worked pretty ok for me but overall it was kinda loss due to broker fees. Then I changed my strategy and put all my money in 1. I lost quite a lot on that. Then came to 3 stocks. One tech,One finance and One international. It worked preety well for me.Sold all last week and with some nice profit.

I am trying a new strategy now. I put 25% of my money in one. It went down 5% on friday and I added another 25% on it. I am still holding 50% cash. If it goes down then I will probably add another 50%. I am not a day trader but at the same time I'm not planning to hold it for long time either. What do you guys think? The ticker is aapl.

Should I get out or stay tight?

Cheers,

Team Player

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