Author
Topic: position/ swing trading to average down?
stockstar
Member
posted August 16, 2005 11:12
At the moment, I am holding a stock for a long period of time (2-5 years) andI want to gain a better position with my share count and also average down. Is it a good idea to either swing trade it or position trade while putting the profits back into the stock?
Posts: 200 | Registered: Mar 2005
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Machiavelli
Member
Member Rated :
posted August 16, 2005 23:22
never average down... very bad idea... as for taxes.. dont put any aside.. just pay them when they are due... it's a cost of doing business..
Posts: 3883 | Registered: Mar 2004
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stockstar
Member
posted August 17, 2005 07:34
What are my options for increasing my share count?
Posts: 200 | Registered: Mar 2005
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Machiavelli
Member
Member Rated :
posted August 17, 2005 23:23
sell on the rallies buy on the dips... you'll have more shares eventually...
Posts: 3883 | Registered: Mar 2004
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stockstar
Member
posted August 18, 2005 09:12
thank you. Hopefully by the time I sell, I will have the amount I am looking for.
Posts: 200 | Registered: Mar 2005
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