I am a novice. At the moment I sold at high price. Waited for low price, bought again and waiting for high price to sell. Repeat same process again. Any problem doing this? (the stock I buy is blue chip, but up /down 10% a lot last few weeks)
Diablo2011 發表於 2011-11-16 01:21
earning money, why there is problem?
There should not be problem if the price always go up and down, buy low and sell high , but I am sure everybody is doing the same. If the price is not changing, I hold the stock for its dividend (7.5% per year).
But would such a simple strategy work? Sounds too simple.