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Sebo said: "I am wondering how you guys buy and sell your stocks.For example, if you have $10,000 in your account that you would like to use for investing, would you trade short-term (as in one day) or long term (how long?). Also would you buy stock priced in the $1-$5 range or would you buy higher priced stocks? Since the volume on low-priced stocks usually isnt very high (around 150,000), you are only able to purchase about 1500 stocks? There is also a $29 fee if u buy under 1000 stocks or a principal rate if u buy more than 1000. What methods do you guys use when buying your stocks? How do you get around all this to invest large and earn large?
thanks in advance"
Woswill said: "Since this is the penny stock forum.. im going to go ahead and pull the..
[B][SIZE="7"]DONT INVEST MORE THAN $2,000 INTO ONE PENNY STOCK!![/SIZE][/B]
Price range doesnt matter at all.
Theres no restriction (realistically) on how much you can buy. If you buy enough the ask will go up though.
I dont understand the whole fee thing you got going on there..
Most likely you arent going to get rich quick, so dont hop into these "OMG ITS A 100 BAGGER FROM HERE" type plays."