Quote:
Originally Posted by Lunch
I have thought about that as I’ve noticed that same pattern but for me to do it, I’d have to be confident I could buy back in close to or lower than my initial price, which I’m not, plus every buy/sell costs a % to conduct so you would have to be sure that the margin covers fee’s or you’ll be going backwards..
Another question I’ve yet to figure out is, for example, if you do sell high ( A ) and buy back in low ( B ) but not as low as the initial buy in ( C ) slightly increasing your holdings, is it better?
A: $1.60
B: $1.30
C: $1.10
Is 1.2 @ $1.30 better than 1 @ $1.10
To make 100% on $1.10 you only need $2.20 but on $1.30 you need $2.60 and so on...
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Thats called trading. There are people that make a living from it. Its risky but can be very profitable. You really need to know what you are doing as well. Its too hard for me. I plan to just buy and sit. Its a five year plan.