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Old 04-21-08, 03:16 PM
Nerro_1 Nerro_1 is offline
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Join Date: Apr 2008
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Who buys your stocks?

Hi everybody, Im new to stocks and just wanted to ask a few questions.
1- WHo buys your stocks or sells them to you(is it other people or the company)?
2- when a broker charges you .50 cents per contract, what does that mean?
3- Is it advisable to buy huge quantities one minute, and sell the next if the price goes up by like 6 cents?
Thnx alot.
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Old 04-21-08, 09:09 PM
Novice Investing Novice Investing is offline
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1. It can be individual, company, institutional holders etc.
2. That means you are giving your broker a comission for finding you a buyer . This is a lot cheaper than finding the buyer by yourself.
3. That depends on your investing style. Historically, not many people succeed in doing so. How can you know for sure if the stock will be going up 6 cents instead of going down by 6 cents? What would you do if it goes down by 6 cents?

Feel free to express your any other questions. I know it is quite daunting for new investors but that is why we are having this discussion forum. To learn and improve :-).
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Old 04-24-08, 07:45 PM
Fredledingue Fredledingue is offline
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1.You won't know who. You don't need to. And probably nobody will be able to tell you. But, weel: Just think it's other poeple like you.

2. I guess .50 cents is per option contracts. Buy/Sell stock orders are charged between $7 to $20 on online brokers (except Zecco which is free, lol).

3. If You can make a profit in one minute, good. But that's not the way it works.
First you search, compare, analyse many companies and their stock evolution and eventualy buy one. Then you watch the stock price move day by day (or so) and 6 months later you will decide it's time to sell (or to buy more).

Welcome to stock trading/investing.
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