September 26 - September 30

Learned This Week 

This week, I have leaned the importance of not over estimating a stock's performance and or potential success. Last week, after gaining quite a bit of money off of Twitter, after it had greatly gone up after Thursday,  I decided to sell my shares to ensure I would not lose the money made. Shortly after, it was said that Twitter had great potential, and that certain companies (i.e Google and Disney), were considering in buying Twitter. After finding this out, I was not sure if I had made the right move or not, on selling my Twitter shares. I decided to then take a big risk, I decided to buy shares from Twitter once again, in hopes that it would once again go up after Thursday (NFL Thursday Night games). This was a big mistake, I had put too much hope in Twitter. Twitter has not been able to go up to as close as it was last week, buying it at its peak was a risky move that ended up going downhill for me. This is once again a reminder for me to not buy a share when it has most likely reached its peak. 

What I Have Done and Why 

This week, was not necessarily my strongest week. Many of the predictions I have made were not necessarily the most accurate, Twitter being my strongest example to support this statement. This week, I have tried to keep a balance between shorted stocks and stocks that I have bought. I tried out this strategy to see if I can make more money regardless if the market is up or down. In the end, I came to conclusion that this is not really a primary factor, it is more about predicting the stock itself and not the market as a whole. Another approach I took on is investing more of my money, in hopes of being able to gain more. Previously, I invested only a very small portion of it. I am still trying to get the hang of being able to predict how a stock will do better and more accurately. This is a goal I am trying to set for this semester. To achieve this goal, I plan on keeping a closer look to trends that certain stocks have, and also keep myself more updated with information regarding to the stock.