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Stock trading for fast money? |
I am biginer in stock market but have fairy good knowledge from reading over the internet from different sites. I have fund of 7000 - 10000 for investment in stocks. I generally go to check on Yahoo, MSN, AGedwards, Motely fools site to know about company and picking stock for investment. My idea is to wait for particular stock to rise 2 - 3 dollar per share price and sale it and pick another stock. In a year my aim is to get 1000 - 2000 dollars as gain of my investment. a)If you are proficient go for it. I tried it years ago was 87% accurate on my trades and broke even. All it takes is one bad trade. I much prefer holding a stock a while. The key is to have a system that works for you. Mixing and matching or trying to do what others are doing usually leads to losses. Focus on percentages gained not dollar amounts, because you'll be buying and selling shares that cost varying amounts. The goal is to have your starting capital make the highest percentage gains possible. stock market but have fairy good knowledge from reading over the internet from different sites |
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