Explain This Stock Exchange Hustle! Buying and Selling Daily

froggle

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:birdman::birdman::birdman::birdman: say I got $1990 and I bought Krispy Kreme stocks @19.90 on Oct 2

so I have 100 shares

Yesterday it closed at 24.58. So If I sold my 100 shares, I would have $2458? Did I make $468?

Is this right or am I missing something? How easy is it to buy and sell and what fees are they taking out?
 

Mr. Somebody

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:birdman::birdman::birdman::birdman: say I got $1990 and I bought Krispy Kreme stocks @19.90 on Oct 2

so I have 100 shares

Yesterday it closed at 24.58. So If I sold my 100 shares, I would have $2458? Did I make $468?

Is this right or am I missing something? How easy is it to buy and sell and what fees are they taking out?
Its that easy friend. Buy low sell high. If you go to yahoo finances site you get a good breakdown of the history of a stock so you can see what its trends on on a daily. - yearly basis. This will give you a good idea day to day how the stock is performing and what you can earn from it on a daily basis. What you have to be careful of is investing in companies that are about to tank (which can happen with one bit of bad news). But yes, friend, its that easy.

Please keep good track of your transactions/earnings for tax purposes.
 

froggle

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Its that easy friend. Buy low sell high. If you go to yahoo finances site you get a good breakdown of the history of a stock so you can see what its trends on on a daily. - yearly basis. This will give you a good idea day to day how the stock is performing and what you can earn from it on a daily basis. What you have to be careful of is investing in companies that are about to tank (which can happen with one bit of bad news). But yes, friend, its that easy.

Please keep good track of your transactions/earnings for tax purposes.

Are you serious? Is there an site you recommend to trade? I only know e-trader based off the ads
 

Mr. Somebody

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Are you serious? Is there an site you recommend to trade? I only know e-trader based off the ads
Trade king or E trade are good enough friend. Again its all about researching the company, buying low, selling high and being able to have a sure fire guess that the stock will rise based on research. Good luck.
 

Mr. Somebody

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Are you serious? Is there an site you recommend to trade? I only know e-trader based off the ads
Forgot to tell you though friend. Be careful, because you have to pay a fee each time you trade. E trade i think is like 10 dollars a trade. Trade king is like 5 dollars. Id do some reasearch on the cheapest and fastest way to trade and have your trades posted.
 
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