HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Traders do that all the time. You just have to pay closer attention to when it turns, And be sure to account for commission - on the high
priced stocks that can eat all you gains if you do a quick turnaround.
Example - $200 price Stock needs to move at least $4 for profit to account for $2 commission each on the sell and the short (or cover and buy),
Plus add a little more for chuckage (the difference in the price between the current price and what it actually sells for). The higher the price usually the higher the chuckage. And if alot of shares are being traded at the time that could be more (or less) depending on what the other traders are doing.
Question.. Dec 14, 16:24
Traders do that all the time. You just have to pay closer attention to when it turns, And be sure to account for commission - on the high Dec 14, 16:51
I appreciate the advice. Dec 14, 16:57
It depends on why you bought it Dec 14, 19:39
