July 28, 2010

I sold Apple today for $260.44. I did this partly to lock in my small profit of 2% before it has a chance to drop like my last trade, but also because I want to wait and see if the market is hitting resistance or just going sideways before it goes up again. I've done much better (and worse) on previous trades. I know 2% doesn't sound like much, but if you made 2% every week you'd end up with a 104% return on the year. A small victory is a victory nonetheless. I will update the scoreboard tomorrow.