Quote (Cheeeezewiz @ Sun, Jan 18 2009, 12:53pm)
Didn't faggot anything.
Read.
o.O
And, I wanna come back to this comment:
Quote (KIDRitch @ Thu, Jan 15 2009, 10:51pm)
Well if you want to play the stock market - keep in mind commission costs are ~$8 per trade - so for a buy and a sell it'll run you $16.
Withdrawal fees / other brokerage fees can run you another $50-100.
That means you need at least a margin of $120 per trade to make a $4 profit. That all said here is my advice: you are a noob, you will get squashed by the public markets and the volatility.
Pick a solid company that demonstrates a good value (trading at low P/e ratio's and has potential for the ratio to increase, etc.). Also stay away from scammer stocks like oil /drilling exploration.
A withdrawal fee is taking your share out when it goes up?
Hm..I mean, I'm gonna invest in a good value company..but what are all these fees?