I need help in buying stocks
Mon Aug 25, 2008 2:33 am
Yeah, can anyone enlighten me?
Re: I need help in buying stocks
Mon Aug 25, 2008 2:36 am
Basically, you can only buy stocks for more than 15 NP.
Most people buy stocks in bulk - like when I buy stocks, I buy 1000 of each, so I spend 15,000 NP a day buying stocks.
It's really up to you when you sell your stocks. I personally try to sell mine when they reach 30, just because I'm impatient
Someone else will probably explain stocks a whole lot better than me
Most people buy stocks in bulk - like when I buy stocks, I buy 1000 of each, so I spend 15,000 NP a day buying stocks.
It's really up to you when you sell your stocks. I personally try to sell mine when they reach 30, just because I'm impatient
Someone else will probably explain stocks a whole lot better than me
Re: I need help in buying stocks
Mon Aug 25, 2008 2:52 am
You can buy any stock that is selling for 15 or above and can buy upto 1000nps a day worth of stock.
I buy 1000 shares a day on any stock that is at 15.
Once you have your shares, watch to see how high the stock rises. The higher the sell point, the bigger the profit. I sell when the stock reaches 60.
Basically, there are 2 ways to do the stockmarket:
Day trade: buy at 15 and sell the same day if it rises.
Long term: Keep buying the stock at 15 and wait until it reaches a sell point that you are happy with. This can take months, so you need patience.
Remember: Stock prices will fall below 15, but NEVER sell if for less than 15. The stock will eventually rise again.
When you buy shares at 15 nps and the stock rises, anything above 15 is a profit. Always sell at a profit, never a lose.
I buy 1000 shares a day on any stock that is at 15.
Once you have your shares, watch to see how high the stock rises. The higher the sell point, the bigger the profit. I sell when the stock reaches 60.
Basically, there are 2 ways to do the stockmarket:
Day trade: buy at 15 and sell the same day if it rises.
Long term: Keep buying the stock at 15 and wait until it reaches a sell point that you are happy with. This can take months, so you need patience.
Remember: Stock prices will fall below 15, but NEVER sell if for less than 15. The stock will eventually rise again.
When you buy shares at 15 nps and the stock rises, anything above 15 is a profit. Always sell at a profit, never a lose.