First day of trade

Had hard time last night finding the stocks. Stick to computer until 1:00Am at night. Just could not not get the stocks to fully invest the $5000 artificial fund.

Lying on the bed, just could not fall in sleep. Just are not comfortable with the whole process. Further thought of the strategy:

Is that a must-do to fully invest the $5000, even cound not find the best stocks to fit the criteria set up?

What about the critiria of "First, not losing money. Second, don't forget the first rule."?

Since the investment policy set up last night has a rule of liquidate a position when the price falls 7% below the entry point, pacified self a little.

Now I am decided to keep the rule of fully invest $5000 no matter it's of bull or bear. Reasoning: There is always good opportunity in the market. By fully investing, it will force self to do the research.

Talking about search for great stocks, it's really not easy due to the following reasons:

1 So many stocks out there, meaning a lot of choices. It's hard to convince self which one is the best. Too many choices could just confuse minds.

2 Too many concerns when choosing a stock, Technical (50, 200 MA, MACD, RSI), foundamental (has positive income, low P/E; if not profitable, does it have potential? Althought P/E is high, does it justify it has a great growth rate? Not buying a stock if it has already run up 20% in the last 3 month, what about some stocks keep on moving up and up?) Making decision which satisfy all of the critira is not easy. Actually very very hart.

3 Is the goal of making 50% gain realistic? Is the 20 tradings a guarantee for this growht?

(Just read a Motley Fool article, will post a new write up)