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Novice,
I beg to disagree: If you cash in after one week for a 10~12% jump (ok under 10% it's too little),
1- You did in one week what any long term investment at the bank would give in one year.
2- It's not only a matter of chance: Chart analysis and fair value estimate play a role.
3- If you repeat that exercice with 4 net success in one year, you get close to 50% too... with much less risk as your money is constantly diverted or reinvested.
50% is doable but much more difficult than 10 or 20%. For 50% in one year you practicaly need to catch the bottom and sell at the top while you never know were is the bottom and the top.
I'm myself trying 50% gains on some stocks. I rarely succeed. Often I sell earlier because I see that it goes nowhere near I hoped. Often I buy too early, too high and I'm toast.
Often I buy at the bottom yet too early and it takes ages to move up.
When you do it it's great but it takes often more than one year to achieve.
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