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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (8236)	4/29/2005 7:14:23 PM
From: Vendit™	Respond to of 8752

Sure. Stocks don’t move straight up or straight down. They almost always move in trends or cycles just like RSTG. Let us assume that we have a stock like RSTG that move up 10% in one month and then down 8% the following month, up 20% the next month and down 10% the following month. I just described how a good trading stock “cycles”. Now forget for a moment that we are talking about stocks. Let me ask you a question; how much money does your bank pay you in interest per year in a savings account? How about a CD or Money Market Account? 3%? 4%? Now back to RSTG. What if you only owned that stock when it was going up and you stepped out of it and watched it when it dropped backed to support and then bought it back? That would generate a profit, right. That would mean that you would owe taxes on your gain. What is your tax bracket? (Don’t answer that) My point is that if you trade a stock and make and make a lot of money doing so….taxes is a minor problem. In answer to your question about broker fees, I pay $7 a trade. If you are paying more than $7 than you should consider changing brokers. If you make three trades a month you are talking $21. Reid