Newbie question

[Dr.fay]

Hey everyone
I tried virtual stocks trading it was pretty simple
Buy it cheap sell it high
So my question is does that works in the real trading?
I mean can you buy many stocks when the price get low ? And be able to sell them all
I'm talking about day trading

And thank you

 

[BeginnerJoe]

Price goes low for a reason. If you buy it, it might go lower. Then you will panic because real money is involved. So you end up selling even lower. Then the price shoots up to mock your mistake. Essentially, you are up against people who know what they are doing, and who have the power to do what they do. It takes skill, luck, and experience to make it. It's not as easy as it looks. If you have the guts to spend blood, sweat, and money, it's doable.

 

[Dr.fay]

Let's say it got low , can i buy as many shares as i want ? Lets say i did
Can i sell it all if the price went up
Thats my question

 

[BeginnerJoe]

Yes, you can buy and sell as much as you want, or have the money for.

 

[TheBramble]

timsk - you might wan to consider making this thread a sticky.

 

[Dr.fay]

^
^
Seriously ?

 

[TheBramble]

^
^
Seriously ?

Absolutely. As Osho used to say "अंधा अंधा अग्रणी"

 

[BeginnerJoe]

^
^
Seriously ?

Yes. If you want, you can drive a truck down to the broker's office and load up on them stacks of share certificates as if they are crispy new bank notes.

 

[Joseff]

Hey everyone
I tried virtual stocks trading it was pretty simple
Buy it cheap sell it high
So my question is does that works in the real trading?
I mean can you buy many stocks when the price get low ? And be able to sell them all
I'm talking about day trading

And thank you

It is that easy as you think. If it would all of us would be rich already!

 

[Dr.fay]

Yeah i know it's not that easy that's why i asked i guess no one is willing to help
Thanx anyway joseff , osho's friend and office trucks guy