Definitely yes, you buy stocks when the price is
low and sell stocks when the stocks are high.
Just make sure that the earnings in the trade
is more that the brokers commission, taxes and
other fees.
2007-11-30 14:45:18
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answer #1
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answered by Great Days 6
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Sure. I have bought and sold Apple stock several times. You buy when it is low and sell if it goes up.
The broker charges a fee for each tranaction, so you have to make sure you make enough profit on the deal to cover the fees and still have money left over.
The better way to do it is to buy many shares of a stock, and only sell some of it when the price goes up. You keep watching. If it keeps going up, you sell more to increase your profits. But if the stock starts to go down, you still have the profit to offset the losses. That's call "cost averaging."
If you get an internet stockbroker, the fees are quite low, like $7.
Joe
2007-11-30 13:33:58
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answer #2
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answered by Joseph G 6
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Does this work? I buy a stock it goes up I sell it make a profit and then I buy it immediately back again usually at the same price that I sold it. If it goes up I sell it again and repeat. If it goes down I do nothing or buy some more.
2014-07-04 21:56:06
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answer #3
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answered by Anonymous
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This is the way to make money.
In fact most traders are so fond of a particular stock that they know how they behave and they also know who are the key figures in the management to move the stocks. They make good money from just that one stock day in day out.
2007-11-30 13:51:25
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answer #4
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answered by Alfred Chew 2
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Yes
2007-11-30 16:21:11
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answer #5
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answered by ak_pathik 3
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Yes, Swing Trading is a great strategy if you know where a stock is headed and you can overcome those commissions.
2007-11-30 15:19:40
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answer #6
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answered by munson1507 1
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1
2017-02-14 19:58:39
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answer #7
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answered by ? 4
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Yes.
2007-11-30 15:02:42
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answer #8
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answered by !!! 7
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Yes. Just remember that you pay a fee each time.
2007-11-30 13:30:54
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answer #9
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answered by Harbinger 6
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sure!!!
2007-12-04 08:43:23
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answer #10
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answered by Anonymous
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