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I have 600 dollars in an ameritrade account and i am trying to invest in different companies what would be your recomendations i do not mind buying and selling every day and i enjoy a good risk and any advicce is appreiciated

2007-02-27 16:44:29 · 6 answers · asked by this t 1 in Business & Finance Investing

6 answers

study study study study study study study study study study study study study study study study study study study study study study study study

if you cant afford to lose all of this money which is very possible
than dont invest it stocks are risky

didnt you see what happened today dow down 416 pts..

everyone thinks they can just jump in and be rich in a few weeks the market is a wild wild and very unpredictable world you need to do your home work if you try to buy and sell every it is not possible with only 600 because of the free ride law preventing you from trading funds frequently without a 25,000 minimum balance you keep daytrading and you will nickel and dime your acct to zero

before you start investing study

learn about pe ratios, what does ebitda mean, what is sarbanes oxley if you dont know anything about even these basic things you dont need to lose your money i have years of experience and still i study all the time i hope you dont go into it blind i hope this will slow you down a bit so you know not to get over anxious

2007-02-27 16:57:55 · answer #1 · answered by Anonymous · 0 0

If you want to shoot the dice, I can tell you about one of my 130 different stocks that actually went up today.

Like mentioned here, I do a lot of studying. This company was a high priced stock when the sky was the limit for Internet related stocks.

Since then, it fell back so much that it had to reverse split to keep trading. That is always a bad sign.

However, it's C.E.O. bought a big chuck of stock (probably was the perverbial options deals we hear about). He bought it at forty five cents a share.

Yesterday it went from $1.80 per share to $1.92.

The reason...It reported a nice small profit two days ago.

I was told that this company was going to survive the internet bubble.

I have lost a thousand bucks on this stock.

I'm still with it for the long run.

Oh, the name? Can't solicit here. Sorry.

2007-02-27 17:53:20 · answer #2 · answered by Anonymous · 0 0

If you day trade with only $600 you will soon have $6 after you pay all your commisions. Find a stock you like in a company you use and sit on it. Put in a stop if you don't like the action of the stock.

2007-02-27 19:44:34 · answer #3 · answered by Scott O 3 · 0 0

Not to be short with you, but trading with $600 isn't practical, commissions will cost too much. Either save up alot more if you want to trade (and get a good trading education, or you will lose most of your money), or consider investing in an ETF.
You can read an introductory article about using ETFs at http://www.valuestockreports.com/021907.htm

2007-02-27 17:03:34 · answer #4 · answered by Anonymous · 0 0

the standard advice for that little money is to put it in a broad market index fund

however if this is truly high risk money(it does not matter if you lose it all) then i would be tempted to invest in the Chinese stock market

2007-02-27 16:49:29 · answer #5 · answered by VATreasures 6 · 0 0

By blue chips in the next 3 days....

2007-02-27 16:47:04 · answer #6 · answered by Santa Barbara 7 · 0 0

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