Mara and I have let the paper trade of Nvidia stock run, with a trailing stop that stays $0.50/share above the lowest price. The lowest it reached was $7.31, which put the stop at $7.81/share. On Friday, the stock opened at $7.85, which would have triggered the automatic buy order on the stop and taken us out of our position. Since we bought the stock at $8.50, our net was $0.99/per share or $990 on the trade. Not bad, all things considered.
Nevertheless, Amy and I have decided that we're going to invest in our bookstore and affliliate marketing businesses instead of the stock market. Perhaps we'll come back to stocks when we have more than $7000 available.
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