I may have just experienced your concern on the volume of trading. I tired sold some TECO
and APPLE when the were what a appears to a high. The Apple sold immediately, but the TECO did not go through and expired due to my limits. I gave them several days and both met my requirements within the time limit. TECO is now down and I could have been out and and back in if the trades went through. Did I miss something?
@MudDauper Unless you were trading many thousands of shares, the TECO should have gone through reasonably quickly. It has a moderate BETA and it trades millions of shares daily. It is a ten cent stock, so if you were trading 10,000 shares or more, there could have been a short wait. The other factor is if you had a limit order to sell at a certain price. I always sell at Market price because that is fast and I can trade very quickly. That is also why I trade the bigger name stocks. Thanks.
hey can you tell me what you know about drips please how do i sell them and how do it buy them how is there a minimum of shares you have to want to buy for you to order drips i tried etrade they are making me pay 20 dollars to buy and sell thats too much for me im a beginner thank you
@dlousmane Actually you would not need a broker for most DRIP buys or sells. Some companies allow you to purchase shares directly from them. The catch is you usually have to own one share or more before you buy more. I would not encourage DRIP investing. There is only one buy or sell price each day. You will miss opportunities. Search DRIP INVESTING and you will find companies which will sell you shares without a broker. Most brokers would charge only $10 or less per trade for stocks. Thanks.
CAJ looks good, but why did you comment that you didn't like the "relatively low" trading volume? Many stocks are not part of the massive institutional trading, so that would effect the reported volume. With 3% earnings and a beta at 1.0 it sounds like a steady value. Also, the cap is at 53.47B. Do you look at the capitalization?
@MudDauper I try to find stocks which are big and proven so capitalization is part of the numbers but it can sometimes be a bit misleading. Some gigantic companies can have a profitable side mixed with something else that is less interesting. AOL Time Warner comes to mind as a weird mix but very big. I like high volume so the stock spread is always small between bid and offer. 100,000 is still big but I like 1 million shares traded daily better. Thanks.
@Featureman Thanks for explanation. I understand that the higher the volume, the smaller margin between bid and offer. I don't quite understand the benefit of the spread between the bid and offer, but enjoy following your tips and learning as I go.Hopefully, I pick up some of your wisdom and experience as you go along.
@MudDauper I once owned a stock I thought would do well. I owned 1000 shares. When I bought I had to pay a premium and I encountered a couple of hours wait because the stock traded only about 10,000 shares daily. When I sold I waited again for more than a day and my 1000 shares were 50% of that day's volume. That was an extreme example but I like instant trades which I always get online with very big companies. Thanks. Good question.
I may have just experienced your concern on the volume of trading. I tired sold some TECO
and APPLE when the were what a appears to a high. The Apple sold immediately, but the TECO did not go through and expired due to my limits. I gave them several days and both met my requirements within the time limit. TECO is now down and I could have been out and and back in if the trades went through. Did I miss something?
MudDauper 1 month ago
@MudDauper Unless you were trading many thousands of shares, the TECO should have gone through reasonably quickly. It has a moderate BETA and it trades millions of shares daily. It is a ten cent stock, so if you were trading 10,000 shares or more, there could have been a short wait. The other factor is if you had a limit order to sell at a certain price. I always sell at Market price because that is fast and I can trade very quickly. That is also why I trade the bigger name stocks. Thanks.
Featureman 1 month ago
hey can you tell me what you know about drips please how do i sell them and how do it buy them how is there a minimum of shares you have to want to buy for you to order drips i tried etrade they are making me pay 20 dollars to buy and sell thats too much for me im a beginner thank you
dlousmane 1 month ago
@dlousmane Actually you would not need a broker for most DRIP buys or sells. Some companies allow you to purchase shares directly from them. The catch is you usually have to own one share or more before you buy more. I would not encourage DRIP investing. There is only one buy or sell price each day. You will miss opportunities. Search DRIP INVESTING and you will find companies which will sell you shares without a broker. Most brokers would charge only $10 or less per trade for stocks. Thanks.
Featureman 1 month ago
CAJ looks good, but why did you comment that you didn't like the "relatively low" trading volume? Many stocks are not part of the massive institutional trading, so that would effect the reported volume. With 3% earnings and a beta at 1.0 it sounds like a steady value. Also, the cap is at 53.47B. Do you look at the capitalization?
MudDauper 1 month ago
@MudDauper I try to find stocks which are big and proven so capitalization is part of the numbers but it can sometimes be a bit misleading. Some gigantic companies can have a profitable side mixed with something else that is less interesting. AOL Time Warner comes to mind as a weird mix but very big. I like high volume so the stock spread is always small between bid and offer. 100,000 is still big but I like 1 million shares traded daily better. Thanks.
Featureman 1 month ago
@Featureman Thanks for explanation. I understand that the higher the volume, the smaller margin between bid and offer. I don't quite understand the benefit of the spread between the bid and offer, but enjoy following your tips and learning as I go.Hopefully, I pick up some of your wisdom and experience as you go along.
MudDauper 1 month ago
@MudDauper I once owned a stock I thought would do well. I owned 1000 shares. When I bought I had to pay a premium and I encountered a couple of hours wait because the stock traded only about 10,000 shares daily. When I sold I waited again for more than a day and my 1000 shares were 50% of that day's volume. That was an extreme example but I like instant trades which I always get online with very big companies. Thanks. Good question.
Featureman 1 month ago
GREAT VIDEO!
bluper8 1 month ago
@bluper8 Thank you.
Featureman 1 month ago