To my surprise, my second day of investing has actually been successful. A favorable market, combined with meticulously chosen stock choices, has led to unforeseen large dividends. My pharmaceutical trades, which I chose "for fun", continue to rake in large profits. I have dubbed this strange phenomenon of making alot of money as beginner's first luck.
Playing it safe, I have yet to completely utilize all of my buying power. Now that I have discerned my most profitable trades, I plan to either buy more shares or invest in a correlative industry. None of my current stocks have plummeted to unfavorable prices, so I will hold on to them and only sell when the future looks bleak.
Analyzing today's events, I have learned that the ever fluctuating disposition of the business cycle can translate into daily investments. I expect that at times I will rejoice at gaining profit, and at other times, weep as my stocks seem to self-destruct. The personaliy traits of tenacity and optimism seem to hold the key to not losing sanity during this project.
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