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fore they will let you do this. One of the reasons for my in between status is that I don't have that much money to work with.
So, I am limited to 3 "round trip" trades a week. Leaving me with an incentive to leave my money in overnight on some or all of my trades. None of my trades this week lasted more than 24 hours though, so I think of myself as a day trader Louis Vuitton Andrei Brown Messenger Bags M32488 outlet whether I fit the technical definition or not.
I Break a Lot of RulesLike that rule about putting all your eggs in one basket? That's fine for the
Louis Vuitton Rhapsodie MM Brown Shoulder Bags M40403 outlet person who has two baskets and a lot of eggs.
I don't have a lot
Louis Vuitton Citadin Bag Black Messenger Bags M93042 outlet of cash. I started my journey Louis Vuitton Saumur MM Pink Shoulder Bags M40674 outlet into investing with $1000 from my tax return. (2002) Back then I was more interested in the rules and in doing everything "right". So I did a lot of research, followed expert recommendations, and diversified my portfolio. I intended to "buy and hold" and probably buy more with the next year's tax return.
What I really did was buy and forget.
About 3 years later I hacked into my trading account. (one does tend to forget their password over time.) I discovered that I now owned 8 stocks. Two had gone out of business. One had tripled in value, and the others were doing about the same as when I bought them.
That's not how it was supposed to work. What about all that "magic of compound interest" and the market average going up 10 12% every year? I'm pretty sure my $1000 should have turned into $1500, not $800.
I sold everything. (I
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