05-21-2020, 12:58 PM
That sounds like UMS is taking hold.
In the stock market, correct me if I am wrong, being new to this and all, but how do you lose money if you buy and hold until you hit a minimum amount of profit before selling? Let's say I buy a stock at $815 a share and then set a limit order to sell it if and only if the price goes above $1,025 per share. If my brokerage kills this order after 2 months, then I can't lose... this would mean you basically buy into a number of different stocks and just wait for them to appreciate a specific minimum amount, and then sell.
Am I missing something?
In the stock market, correct me if I am wrong, being new to this and all, but how do you lose money if you buy and hold until you hit a minimum amount of profit before selling? Let's say I buy a stock at $815 a share and then set a limit order to sell it if and only if the price goes above $1,025 per share. If my brokerage kills this order after 2 months, then I can't lose... this would mean you basically buy into a number of different stocks and just wait for them to appreciate a specific minimum amount, and then sell.
Am I missing something?
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The scientist has a question to find an answer for. The pseudo-scientist has an answer to find a question for. ~ "Failure is the path of least persistence." - Chinese Fortune Cookie ~ Logic left. Emotion right. But thinking, straight ahead. ~ Sperate supra omnia in valorem. (The value of trust is above all else.) ~ Meowsomeness!
The scientist has a question to find an answer for. The pseudo-scientist has an answer to find a question for. ~ "Failure is the path of least persistence." - Chinese Fortune Cookie ~ Logic left. Emotion right. But thinking, straight ahead. ~ Sperate supra omnia in valorem. (The value of trust is above all else.) ~ Meowsomeness!