posted
I am new, and I have a question. If i have a stock at .082, and want to sell when it reaches .11. I understand that the best way to do this is to set up a limit order to sell. Is this correct? If so, do I set that limit order to sell at .11? Thanks for any help you can give.
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posted
I'm new also but yes that is correct that would be a .028 profit or about 33% range total return on your investment also be careful cause if you use ameritrade or most other broker besides choicetrade the cheaper stocks do not have stop limits in case it drops. Goodluck in investing and read as much as you can from these guys here they are very knowledgable.
-------------------- Go for the Gold, those that don't risk anything gain nothing
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