thanks for those replies but I'm still no clearer on the initial question.
is it more profitable to hold the original cheaper shares, or sell and rebuy more expensive ones using profits from the sale.
thanks
I'll take another crack at this jojo. If you hold onto the shares that will make you a "Long Term Investor" (You bought for your future) If the company has good fundamentals then you probably have a good idea.
However, if you buy a stock with the intention of selling it when it goes up in price, $1 $2 $3 dollars, then that makes you a "Trader"
Investors will normally buy into a managed portfolio for the best return.
IMOP, What it looks like is that you are gambling. Most "Traders" think they know what a stock is going to do before they place an order.
The accepted idiom in most trading course is "Plan Your Trade. Trade Your Plan."
An example. $200 trading account. An OTC stock with fair fundamentals, and GOOD technicals is at .015 cents. You can buy 13,000 shares for $195; you may have to adjust that to cover cost.
If the stock rises to .20 Cents you could then sell all 13000 shares for $2600. That's trading.:clap:
Is that actually possible? YEP.
This is how I do this. I have a good stock scanner service. If One catches my eye I do a quick check on Debt/Equity; High Debt to Low Equity is a throw away. I will then apply the stock to my indicators I use I have 2 favorites that must verify a trade.
If my indicators agree then I will jump into the deep end of the ocean. Also, I always use a Stop/Loss (S/L)
I hope this clears things up a bit for you. Good Trading RT...
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