Stomach the loss, get rewarded

Interesting day in the stock market, GE up after earnings. Buying a Call for $0.14 and selling at $0.65. With options though, everything is multiplied by 100 for every contract. Resulting in a $14 purchase and $65.00 sale, netting me $51.00. I may have to find my next options contract or two! Sticking with CRON until lunch gained me all my losses from yesterday's sell off. Bought at $1.00 and sold at $1.19 for a net profit of $19.00. This...

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Your day could 180 at any moment...

The day started off really great. Thought AMD had topped out, so I closed my position. Profit $10! NBEV finally started to come back from it's pull back and ACB traded sideways all day long.. So I thought I'd try my fist deal with option, I looked to GE for my first purchase. So far, great! Spent $13, easy $4 right away... let's look at crazy growing stock CRON in the Cannabis sector.. Well... Lost all my profit and then in minutes....

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Attitude and Goals

After today's upset right away in the morning when I bought back in, things aren't looking too bad overall. Sometimes you need to just zoom out and look at the big picture. Take time to set up acheivable goals and a strategy. This helps me keep optimistic about this venture. A gain of 17.72% since I started about a month and a half ago, since I'm aiming for that 15-20% window. Time to enjoy supper and thank you for reading! ...

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Beginning of Something Big

Hello, new to the blogging venture. My Name is Jesse Backer and I'm tired of a single source of income! December 12, 2018 I decided to try the Robinhood app for small investors. So fairly recent start and very steep learning curve. Choosing AMD as my very first investment, it fell... And fell.. from $21, $20, $18 and finally touching $17.50. I bought at every level I thought it was going to reverse. Don't be afraid and don't invest money you...

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