Weekly Newsletter   Challenge account   Weekly Newsletter   

Opening a new position of GMCR

Tomorrow I am going to buy back a few shares of Green Mountain Coffee Roasters Inc. (GMCR). I can buy only a few shares since my buying power went significantly down thanks to my last error in money management, but now I have my trades for free, so I can afford it since no commissions will be charged.
Even with small numbers now I still want to play this game by numbers. Tomorrow I will buy 3 shares of this stock.

Today I bought 3 GMCR @ 70.00 and set my stop loss @ 60.28, which equals 3% risk of the portfolio per this trade, and 13.89% total risk per this trade.

Leave a Reply

Your email address will not be published. Required fields are marked *