WTF???
$Birks Group(BGI.US$ Every time I trade or buy a stock it goes down right away. Anyone know why? Still pretty new at this.
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Spartakus : wat stock are u in now and I can do the research for you
Hawaiian Mayan : cause it's all being controlled by a corporation behind small lil screen
maddhatter : Never buy a stock for 5 minutes that you aren’t willing to hold for 5 years. - Warren Buffet
In other words, do some research before buying and then hold if they go down.
maddhatter maddhatter : I lost close to 100k my first year by getting antsy and selling too soon. Lost isn’t the right word either, it was $100 I could’ve made but didn’t because I didn’t trust my own instincts.
ME-TOU OP Spartakus : $Birks Group Inc(BGI.US)$ It went down right away but looks like it's up now. thx.
Mathew Midcap ME-TOU OP : you should only be buying at support levels, for the most part.
unless you're not looking for short gains. long holds you need to not concern yourself with daily ups and downs unless it's setting up a trend in the wrong direction.
so, if you ARE trying to do short term swing trading, then only buy at previous hard supports or lower. and maybe set a limit if touched order to unload it if it drops more than a few cents.