I just bought some stock in strata oil and gas. Nothing big 500 bucks at 1.92 a share down to1.83 today. I have never been in to stocks but figure it my be a good idea to try and start learning about them So I was wondering if you guys could give me a little advice. what should my goal be to reach before I sell? if it goes low how low should I let it go before I sell? Im not concerned if I lose the money of course I would like it to grow but if it goes belly up Im not going to lose any sleep. Just looking for some general advice from some of you guys that have been doing it awhile. Thanks in advance
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I just bought some stock in strata oil and gas. Nothing big 500 bucks at 1.92 a share down to1.83 today. I have never been in to stocks but figure it my be a good idea to try and start learning about them So I was wondering if you guys could give me a little advice. what should my goal be to reach before I sell? if it goes low how low should I let it go before I sell? Im not concerned if I lose the money of course I would like it to grow but if it goes belly up Im not going to lose any sleep. Just looking for some general advice from some of you guys that have been doing it awhile. Thanks in advance
my experience with stocks like this (and i say this only after looking at the chart) when the high volume drys up she shall fall like a rock. the money makers job is to make as many buys and sells to creat more fees for the books ( brokers ) when you see the buys and sales dry up run for the hills. happens all the time. dont get greedy i would risk 10 to 20 % and hope to make as much as i could until the volume drops ( this usually means selling on the way down so be quick)
by the way by the looks of the chart you are gambling not really investing.
for a newbie i would rather you learn the investment side so you can make smaller mistakes while learning.
i kid newbies at the dice table all the time when they ask how to play. i ask them if they want the $100 lesson or the $1000 lesson? how much are you willing to risk to learn?
Nothing is ever in the bank until it is in the bank
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my experience with stocks like this (and i say this only after looking at the chart) when the high volume drys up she shall fall like a rock. the money makers job is to make as many buys and sells to creat more fees for the books ( brokers ) when you see the buys and sales dry up run for the hills. happens all the time. dont get greedy i would risk 10 to 20 % and hope to make as much as i could until the volume drops ( this usually means selling on the way down so be quick)
by the way by the looks of the chart you are gambling not really investing.
for a newbie i would rather you learn the investment side so you can make smaller mistakes while learning.
i kid newbies at the dice table all the time when they ask how to play. i ask them if they want the $100 lesson or the $1000 lesson? how much are you willing to risk to learn?
spottie thanks for the advice that might be my problem. Like I said I am new at this. Im willing to listen and learn from people that have more experience with this stuff than me. To me though 500 bucks isnt a big investment. Im not going to be pissed of if I lose it but of course I would rather turn it into something. Thanks for your input
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spottie thanks for the advice that might be my problem. Like I said I am new at this. Im willing to listen and learn from people that have more experience with this stuff than me. To me though 500 bucks isnt a big investment. Im not going to be pissed of if I lose it but of course I would rather turn it into something. Thanks for your input
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. dont get greedy i would risk 10 to 20 % and hope to make as much as i could until the volume drops ( this usually means selling on the way down so be quick)
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