Wednesday, September 23, 2009

September 24, 2009 Stock Market Game Trades

The market surprised me today with its dip. I may have to re-evaluate new exits for some of my short sells. Many of them were sold short on peak points of stocks on an up trend. If they continue to climb, I'll have to take what profits I can rather than wait for the stock to continue to climb. If I exit any stocks tomorrow, I'll update you immediately with a quick explanation of why.

I do not have any new trades ready yet. I was planning to take advantage of the market as it continues to advance higher, but the loss today made me wait a little longer to see where the market is headed.

I believe that the weak dollar and unstable economy may eventually take its toll on the market, and we might see another bad crash. So far, the market has only increases proving me wrong, so I'll try to take advantage of the uptrend but will watch my trades closely with stops in place. Thanks for reading. I'll update you immediately if I made any trades during the trading session.

1 comment:

  1. Great game! I've been playing this along with one other free stock market game, I'll get back to you with my opinions on which is better.

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