This week, the market was dominated by earnings reports, and the 10% Promise team was busy reporting our take on the numbers all week. But there were a few lessons beyond earnings that caught my eye.
Be careful out there
On the surface, the stock market should be a pretty easy system to understand. A bid and an ask price are quoted, and the market ebbs and flows with demand. But the market is far more complicated than that, and even small investors should know about a few nuances so they don't get burned when making trades.
Everyone makes mistakes
Don't think that you're alone making mistakes trading. Big-time investors can be guilty of making stupid moves in the market as well. On Monday, investors dumped 2.5 million shares of Flagstar Bancorp
This week's trading lesson: Trade during regular hours, use limit orders when possible, and if you're a big enough investor to take up all of the open orders, don't bite off more than you can chew.
If you don't sell milk, don't sell electronics
Sounds like an odd combination right? Hear me out. In December, Best Buy
As if that weren't enough, this week, retailer RadioShack
Interested in reading more about one of these stocks? Add it to My Watchlist, and My Watchlist will find all of our Foolish analysis on this stock.
More interesting moves this week:
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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