betting against Facebook
Out of context: Reply #46
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randomail
Yes thats a good sum to start. Depends on what you want to do with that.
- Short term trade: buying high volatility stocks and selling them with in a week (inverse ETFs / short selling).
- Long term trade: slowly buying mixture of stocks that you like. You can start with 5-10 shares on stuff you like and slowly build it up by buying more of same shares. You want to hold on to this for at least a year.Don't think of dollar value you earn. Its not about dollar but percentage you get from it. You can buy say 5-10 different stocks at 5-10 share per company. Keep it and see if your mixture strategy is working. Don't look at what you have made in $$$. That won't matter. Looking at % will show that you are doing something right and show how to adjust your strategy (buying more of the same or sell / buying another).