Can anybody share his/her experience in trading stocks or combinations stocks and options as a best strategy?
I am not greedy. I would be perfectly happy with 3%/ month.
Stick with companies you know, you believe in what their product or service is, know what they are doing now, have a general idea of what they will be doing in the future. Plan to hold at least a yr (i think its a yr, right now) for less capital gains tax to pay if you come out ahead. I used a hot stock tip in a company that i didnt know or understand and it went under while i still had the stock because i didnt know when to sell. For example, the companies I have stock in are disney, mcdonalds, wild oats, dean foods, mattle, playboy, rite aid, playtex and sirus. i dont own a lot of shares in each but i enjoy investing and keeping up on them. I would recommend TD Ameritrade for a good online trading company, its easy to use and each trade is only like, $8.
Filed under: Stock Trading Strategy
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I do stocks. I like companys starting out for low prices considering I don’t have a ton of money so I do ones under 2 dollars I also buy and then sell but I leave some of the shares from profits in for potential gains years from now.
References :
Stick with companies you know, you believe in what their product or service is, know what they are doing now, have a general idea of what they will be doing in the future. Plan to hold at least a yr (i think its a yr, right now) for less capital gains tax to pay if you come out ahead. I used a hot stock tip in a company that i didnt know or understand and it went under while i still had the stock because i didnt know when to sell. For example, the companies I have stock in are disney, mcdonalds, wild oats, dean foods, mattle, playboy, rite aid, playtex and sirus. i dont own a lot of shares in each but i enjoy investing and keeping up on them. I would recommend TD Ameritrade for a good online trading company, its easy to use and each trade is only like, $8.
References :