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J Hutt
The Plain Bagel
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Comments by "J Hutt" (@jhutt8002) on "Four Hidden Costs of Zero-Commission Brokers" video.
Not necessarily. You just need to be very aware of what to buy and with what price. Buying too high, and following trend is the number 1 caveat that make people fail in quick trading. You have to go ahead the trend and make sure you DON'T PAY TOO MUCH for the stock to make quick profits. Sometimes that means not trading for months because there's no stocks available with price that you could make a profit. I have made +70% this year by fast trading, so it can be done. Just be smart and follow the stock market news closely.
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@feynstein1004 Cheers! Admittedly, last year has been pretty wild in stock...
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@feynstein1004 True. I mainly focus on the older, well established companies that haven't fared particularly well in the past years. I think the few ones that still have reasonable pricing to turn out profit can he found there.
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