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pood · 01-10-2005, 07:35 PM

I was just thinking....

what if you bought a stock, held it just long enough to earn a profit...nothing huge

for instance...based on todays prices for Nissan

you buy it at the opening price of 21.52.

then held it till the end of the day at 21.77

if you invested with $10000...so thats 464 shares

then you sold it for $10101.3 - $30 costs = around $70 profit

say you have a couple of those. you held each stock just enough to earn a hundred or so dollars, you hold it till you earn a profit

has anyone done something like this? I'm not sure, but this is kind of like swing trading?

are there any laws that'll stop you from doing this?

01-10-2005, 07:35 PM
pood Confirmed User Join Date: Feb 2004 Location: Seattle Posts: 1,609	any active stocktraders here? I was just thinking.... what if you bought a stock, held it just long enough to earn a profit...nothing huge for instance...based on todays prices for Nissan you buy it at the opening price of 21.52. then held it till the end of the day at 21.77 if you invested with $10000...so thats 464 shares then you sold it for $10101.3 - $30 costs = around $70 profit say you have a couple of those. you held each stock just enough to earn a hundred or so dollars, you hold it till you earn a profit has anyone done something like this? I'm not sure, but this is kind of like swing trading? are there any laws that'll stop you from doing this? Last edited by pood; 01-10-2005 at 07:36 PM..