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That's easy, you either hold them for long term or short term. I trade stocks short term. I buy a stock online at an online broker such as scottrade when the stock is at a low in the morning or afternoon (Fridays usually end on a low so Friday afternoon is the best time to buy stocks in my opinion) and then sell it the next day when it hits a high. What you want to do is invest about 8 grand in each stock when their shares are in the $8-21 range. Any stocks more expensive or cheaper than that I stay away from. That's a nice range to work with I think because they fluctuate more and then I put a "sell limit" on the stock so it automatically sells when it hits a certain price. If you sell your stock everyday with that amount of money and your only goal each day is $80 or less, you can easily start making daily income trading stocks, but right now is such a bad time to trade stocks, at least usa stocks. I would stay out of the market this year. Domain Investing is hot right now and just like stocks. You can learn how to do that by going to richkits.com or namepros.com. Rich Kits explains stuff that other people wont tell you so its real useful and Name Pros is like a community of domain investors so they are good to talk to when it comes to advice. hope this helps.

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13y ago

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