Several suggestions Chris; Go back and read Subject 16785
Pay ATTENTION to the part about the ITS NUMBER OF SHARES YOU CONTROLL
Buying 150 shares of ANY stock would only result in a NICE profit if it moved about a 1,000 percent.
Then also YOU stated you were small time/first time investor. I would suggest that you consider your investment CAPITOL, as it sounds like you may need to INVEST in ONLY ONE STOCK for NOW, and make sure your in a QUALITY Blue Cheap Stock at or NEAR the 52 week LOW, & Be patient. While you wait, GAIN experience by PAPER TRADING. SET yourself a LIMIT amount of DOLLORS,(Maby $5,000, if you don't limit your self realistically, then you defeat the porpose, which is to LEARN). Pick out some of these stocks you WOULD enter IF you truly had $5,000. Keep a record on PAPER like you actually bought stock ABC at whatever price, date the buy, SET THAT LIMIT SELL ORDER in your record and then track the stock to see if you could have actually made a profit if this had been REAL MONEY.
Saving UP your intended investment CAPITOL while gaining experience that will hopefully help you to NOT LOOSE that investment Capitol.
While I'm one the NOT LOSE subject. MY friend it is MY opinion sence your just starting, you are playing dangrous OTC-bb's instead of our Blue Cheap Stocks. These OTC-bb's are fine for those who can STAND the RISK, not a good idea for an investor just begaining.
Read post 31 here.
I'll help you with other suggestions if you'll e-mail me with them.
These are My opinions, I'm not an investment advisor. Make your own decisions.
Malcolm |
