Hey I'm new to stock trading investments. Is there some

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Anonymous
2016-06-07 00:03:07 Post No. 1289005
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Anonymous 2016-06-07 00:03:07 Post No. 1289005 [Report]

Hey I'm new to stock trading investments. Is there some reason I can't buy if a stock goes up a penny and sell if it drops a penny and just keep doing this until I'm a millionaire. Stocks tend to rise and drop by more than a few penny whenever they move.

If you are only invested when it's rising and no other time you can't feasibly lose any money. A simple computer program could easily do that for you.

Why is this idea BS?

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Anonymous 2016-06-07 10:58:19 Post No.1289880
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Anonymous 2016-06-07 10:58:19 Post No.1289880 [Report]

>>1289005
Fees & You need people willing to buy what you got

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Anonymous 2016-06-07 11:12:34 Post No.1289896
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Anonymous 2016-06-07 11:12:34 Post No.1289896 [Report]

I was wondering how that ruse in OP's pic worked,
Then I realized -

'LOL, nobody reads the Terms & Conditions!

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Anonymous 2016-06-07 12:10:42 Post No.1289955
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Anonymous 2016-06-07 12:10:42 Post No.1289955 [Report]

>>1289880
>people willing to buy
but isn't that what a stock price indicates? what people are willing to pay for it?

also: don't brokers do this for you?

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Anonymous 2016-06-07 12:48:46 Post No.1289987
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Anonymous 2016-06-07 12:48:46 Post No.1289987 [Report]

>>1289005
i think that's what daytrading is

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Anonymous 2016-06-07 16:48:47 Post No.1290491
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Anonymous 2016-06-07 16:48:47 Post No.1290491 [Report]

>>1289005
>buy if a stock goes up a penny and sell if it drops a penny
You'll end up broke pretty quick with this strategy.

>If you are only invested when it's rising and no other time
How will you ensure this?
Because lots of us would love to know.