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SVTPerformance's Chain of Restaurants
Road Side Pub
Gamestop
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<blockquote data-quote="crazy4life" data-source="post: 16569149" data-attributes="member: 92214"><p>I </p><p></p><p></p><p></p><p>I am not here to give investing advice but make sure you know what you are doing. You can set a stop loss order which means you set a floor on your stock. Lets say its worth 50 bucks a share and you put a limit order on that stock at 40 bucks. Which means if it hits 40 dollars you think it would sell automatically right. WRONG If that stock is taking a huge dump nobody is going to buy it because to sell something you need a buyer and that guy is not going anywhere near that stock at 40 when he has the potential to buy it at 10 or 5. Would you?</p><p></p><p> I encourage anyone looking to invest to spend some time on youtube or reading literature before jumping in to the market. I have made 100 grand in 1 day and lost 150 grand in 1 day. If you dont know what you are doing I have 2 words for you. Index funds.</p><p></p><p>Have a nice day.</p></blockquote><p></p>
[QUOTE="crazy4life, post: 16569149, member: 92214"] I I am not here to give investing advice but make sure you know what you are doing. You can set a stop loss order which means you set a floor on your stock. Lets say its worth 50 bucks a share and you put a limit order on that stock at 40 bucks. Which means if it hits 40 dollars you think it would sell automatically right. WRONG If that stock is taking a huge dump nobody is going to buy it because to sell something you need a buyer and that guy is not going anywhere near that stock at 40 when he has the potential to buy it at 10 or 5. Would you? I encourage anyone looking to invest to spend some time on youtube or reading literature before jumping in to the market. I have made 100 grand in 1 day and lost 150 grand in 1 day. If you dont know what you are doing I have 2 words for you. Index funds. Have a nice day. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Gamestop
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