stock market tips & tricks

deviate

deviate

Club Member
just looking to start in the stock market game.

what sites?
hot stocks?
best place to watch previous day-to-day movement of a stock etc..


tips and what not appreciated. ready to hand out rep:rockwoot:
 
Buy low and then sell high.



thats about all I got, lol
Click to expand...

Simple, but true. A co-worker does a lot of trading and uses E-Trade. I'd be careful not to do a lot of short-term things...yes, you can make a lot of money but you can also lose everything. It becomes a kind of gambling, and people get addicted to it. Best advice is to buy something that has shown stable growth and stick with it for the long-haul. Remember you don't make or lose any money until you sell.
 
And you want to look at long-term trends...not daily trends. A single stock may go up and down every day, but may tend to end the day in the green.
 
orangejuiced86 said:
Buy low and then sell high.



thats about all I got, lol
Click to expand...

You got it!!

Now is the time to buy good stocks cheap, don't buy cheap stocks. Don't invest more than 20% of your portfolio is risky stocks (like GM/Ford), don't hold on to a stock because you bought it a X price and it's so much lower no, once a stock is down 10% sell it (hardest one to do), use stops and limits,
 
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