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umfan92
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Everything posted by umfan92
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Well after much research, I decided I was going to buy Sprint stock (S). The reason was because it was affordable enough to buy 100 shares so that I might be able to sell covered calls on it. Nothing serious, just to get started and start experiencing different things. Well, I'm sure you all are already shaking your heads at what you have just read and I know. It was stupid. I'm never going to buy a stock based on it's price again. But now that I have learned my lesson, I'm not out of the clear yet. I still own 100 shares of Sprint that I need to decide what to do with. They seem to be dropping a lot. Someone help me figure out what the experienced trader would to do figure out where it's heading. I don't really know how to do all the research yet. What would you look at? And what should I do with my shares?? I bought at 5.48 and it's at 5.22 more or less now. HELP!! Thank you.
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Ok well I'm a beginner trying to learn everything. Like everyone else, I really want to be successful. But I know that I can't do that until I learn everything. So what good books have you guys read that have directly related to your improved trading. People have recommended many books to me but I don't know which ones to choose.
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Thanks everyone for all your responses! I appreciate it. I look forward to learning a lot from all of you.
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Hey everyone. I'm new to Traders Laboratory. I have barely any trading experience but I have wanted to learn about the stock market for a long time now. I'm 19 years old and just got started trading. So far I've lost some money but I guess it's just rookie mistakes. I hope to learn a lot on this forum. Thanks everyone.