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My First Trade…

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Well I did it - I bought shares of AT&T (T) for 35.00 on March 17, and sold them for 39.25 on April 2. AT&T may go higher, but I wanted my first trade to be “anything less than a disaster,” so I tried to hold back greed. A 12.14% gain in a couple of weeks in definitely better than expected…

Unfortunately I don’t have enough free funds to go out and buy my ideal diversified portfolio tomorrow. My current plan is to buy equal positions in four best-of-breed stocks. This may take me a little time to build up. Once that’s taken care of, then I will venture back into short term trading.

I think the first best-of-breed will be BP PLC(BP). We’ll see how this one goes.

This entry was posted on Thursday, April 3rd, 2008 at 10:58 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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