Amount of time between buying and selling stock?

Question

Let's assume I have a hunch that a stock will go up in the next hour. Can I buy some stock at X and sell it in 15 minutes when the price has gone up a little?

Thanks.

Answer 1

You can. Any gain will be short-term, obviously.

Answer 2

Assuming your hunch is correct, the answers given above are correct. However, given you are day-trading, you are going to have to commit a large amount of funds into the stock to make the small movement in the price worthwhile. After all, if you buy a hundred shares and the stock goes up $0.25 you are making $25 profit less $14 commission ($7 to buy and $7 to sell at Scottrade.) So clearly, you are buying a stock in orders approaching the thousands to make it worth your while.
I am assured it can be done - and people are successful at it - they write books about their success. Of course, the unsuccessful day traders don't write the books.

Answer 3

Yes, but if you are trading in a cash account you must be using settled funds. If you sell a stock you can make a purchase with the proceeds. But you can't sell that stock until the first sale has settled, which is three days.

Answer 4

Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.

http://www.tutorialforyou.net/investing/

wish it will help you.

Answer 5

check this link its good


http://buyingandsellingshares.blogspot.com/

.