Quote from newbietoronto:
Is there anything I shouldn't do that would get me in trouble ? is there anything wrong with buying stock in the morning and waiting a few hours and selling it ?
is this looked upon as a bad thing in the industry, make 5% and run.
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Well NewT trader, if you have $5,000 in your account & trade $5k;
both your broker & the laws of probability would frown on this.
Not the 5% profit, thats fine..............................3 days to clear funds, ask broker.
Also you said you run your own business, fine, me too
;
what about your plan reguarding your trading busines exspenses, which are losses in trading???????????????????.
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Also with the exception of oil/oil stocks, some real estate uptrending;
study investors.com, that's part of wisdom.
200 day moving average means most all is bearish,.You sell to open in a bear,[sto] ;
sell to close in a bull market[stc].
Bottom line, a a polar bear is created a polar bear, ''no bull'';
no way is a bear[sell] market similiar to a bull[buy ]market].Maybe a new bull market now in oil/oil stocks................................................................
Sincerely
murray t turtle
