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re: what is the best stocks to buy
Posted on 12/16/12 at 11:26 pm to Winslow
Posted on 12/16/12 at 11:26 pm to Winslow
Take the time and pay money if you have to and become educated about the stock markets. Learn about yourself and your situation and your expectations. You should take at least a year and try different strategies on paper to see about how you would've done in reality. Do you want to buy and hold? Swing trade? Day trade? Do you want dividend-paying stocks? Penny stocks?Do you want to employ shorting as part of your trading? Options? All of the above? If you're diligent about it, after a year you should know if you're up to the task or not.
DON'T just go buy a stock that somebody tells you to buy because of whatever. You MUST have a strategy as to when to sell - both at a profit and a loss. Trading stocks can be quite complicated but the more you know about it the more you will be able to focus on a few keys that seem to work for you more often than not.
Good Luck.
DON'T just go buy a stock that somebody tells you to buy because of whatever. You MUST have a strategy as to when to sell - both at a profit and a loss. Trading stocks can be quite complicated but the more you know about it the more you will be able to focus on a few keys that seem to work for you more often than not.
Good Luck.
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