The is a brand new game in the stock market these days called by hot stocks. This goes against the conventional Wall St. Guidance of buy low and sell high. The newest hot stocks strategy is to buy high and sell even higher. Just how it works is that while they're still growing, you buy stocks which are increasing in worth and sell them. The time between the buy and sale is brief.
In case you chance to choose a stock that begins to stagnate or fall in price, sell it straight away, even for those who have to choose a loss. Never believe the stock will recover and you're going to get your investment back. If it drops lower you are going to lose even more. The idea is to increase your gains and keep your losses as low as you possibly can. With hot stocks, you will decide to buy and sell a chosen stock in one day. To utilise this approach to stocking trading, you've got to maintain a lid on of your investments watching the stocks carefully. Analyze marketplace trends. When a stock falls, sell it promptly. Don't get greedy or make use of the old gamblers instinct that tells you you can nevertheless come out grinning. You can not on this one stock, but their are lots of others.