2006-06-24 10:24:15 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
Rule number 1:
Never act on stock 'tips'.
Rule number 2:
Sell your losers and keep your winners
Rule number 3:
Never be afraid to buy because a stock has already had a nice run
2006-06-24 14:37:55 · answer #1 · answered by -* 4 · 1⤊ 0⤋
You have to look at the fundamentals of the stock you are interested in. Look at their past history. Do they show a growth pattern or have they been running more or less flat.
Then you buy low and sell high.
Decide in advance how much you can lose and only invest that amount.
Some people will buy say 1000 shares and wait until the stock has doubled in value then sell half . That way they get their capital back and whatever happens to that particular stock afterwards is profit.
Don't let the week by week fluctuations influence your sell decision.
2006-06-24 17:35:54 · answer #2 · answered by ijcoffin 6 · 0⤊ 0⤋
Purchase and read and study how the market really works. Jim Cramers new book Real Money. This is the first person that made me understand how the market works , and with my own style: how I can make money. He seems to be a lunatick on the tv show on channel 44 at 6pm pac time. I have now changed my mind. Some really smart people spend their time learning to teach not trying to impress people. I have been trying to learn this and have studied with other mentors and got Wizetrade , to no avail , till I have been studying the book, and watching the show..
2006-06-24 18:33:32 · answer #3 · answered by cal_gal 1 · 0⤊ 0⤋
When a stock and the sector it belongs to is in a bullish trend sell into parabolic rises and buy after a severe correction.
When a stock and the sector it belongs to is in a bearish trend sell the rallies short and cover on the dips.
2006-06-24 23:35:13 · answer #4 · answered by Fiat Slayer 1 · 0⤊ 0⤋
Best way is to go to your local library and check out some of the books on investing. There are many of them out there. Don't invest in anything that you don't understand. That is a great way to lose your shirt and money.
2006-06-24 18:41:23 · answer #5 · answered by pappa_15 3 · 0⤊ 0⤋
go to aaii.com for a good site about investment basics.
2006-06-24 17:31:45 · answer #6 · answered by Anonymous · 0⤊ 0⤋
very easy. contact www.stocksidea.com. they have answer of this
2006-06-25 14:12:29 · answer #7 · answered by Anonymous · 0⤊ 0⤋