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July 28, 2005

My First Trade

I made my first trade today. It was as simple as I had expected it to be. Just enter the number of stocks and the symbol and voila!

I know it sounds bad, but I'm treating this as more of an experiment than anything else. I have no grand illusions of being able to quit my job and live off dividends, but rather I want to have the experience of being in charge of all my personal transactions.

Because I'm treating this as an experiment I figured I would try and see how much money I could lose ;) by playing risky penny stocks. That probably makes me an evil trader that could possibly atificially alter stocks. Don't get me wrong, I'm just one person and I will not do anything crappy like a pump-and-dump, but if I were multiplied a couple hundred times then the market could (possibly....maybe) be artificially altered. Like I said, though, this is an experiment.

Posted by Guy at July 28, 2005 2:56 PM