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Cheap, meaning junk penny stocks which turned out to be expensive.Dump a bunch of cheap stocks and bought some Yeti.
By doing frequent trading, how much do you figure you come out ahead percentage wise each year? Maybe invest in growth rated funds and get 10-15% per year? But i guess what would be the fun in that?
Been doing it for two weeks now, made tons of money my first two days, two weeks later lost all my gains.By doing frequent trading, how much do you figure you come out ahead percentage wise each year?
Lose money fast or make money slowly. Easy choice.I have moved away from most of my volatile stocks, and moved over to more "safe" stocks. One thing I noticed is you make less money since you are removing the risk factor.
The problem is you are just doing it for a quick buck. To be an investor, you have to have a steady hand through the ups and downs, for years. Time in the market beats timing the market as they say.I don't know guys, I don't know if this is for me or not, seems like I got in the last good couple of days, the last 3 weeks seems like I am doing nothing but losing with these major companies, the only thing that is holding me together is the penny stocks. Might just bail out completely.