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I just got an acount with sharebuilders and I have no CLUE!!



 
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StockOrder



Joined: 28 Apr 2006
Posts: 12

PostPosted: Fri Apr 28, 2006 5:44 am    Post subject: I just got an acount with sharebuilders and I have no CLUE!! Reply with quote

I just got an acount with sharebuilders and I have no CLUE!!!! So I bought some shares in a stock called sto statoil, anyway with all this confusing talk about the market i feel lost. I look at making money in the market this way, save a nice amount of cash invest it in some shares of abc stock, abc stock goes up a couple of points..... then sell!! so lets say i have 5000 dallars invested in abc stock at 30 dallars a share and it goes up too 32 dallars a share and i bought it on a limit order and sold on a limit order.. thats 5333 dallars minus 39.90 thats 5293 .. is it this easy? or am I missing something? I understand that if you dont hold onto a stock for a year you capital gains tax is up there.. BUt still thats a 6% increase in a week or so.. And i noticed most stocks rise and fall a couple points each week but usually are bound to go up at some point?? I dont know guys clue me in plz.. and thank you..

btw im new here , so HI to everyone and happy investing!!! Smile
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