Question about stocks on Etrade?
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04-01-2014, 10:10 PM
Post: #1
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Question about stocks on Etrade?
I'm new to the stock market. I registered an account on Etrade and have been doing research for a few weeks. Yesterday I looked at facebook's stock and it went as low as $48, today it got up to $52. So, if I purchased 20 stocks yesterday I would make $80 in one day minus the $10 Etrade fees? Or am I missing something?
I am planning on investing about $1,000 on twitter stocks so I'll purchase about 50 stocks, can I easily buy on etrade and sell whenever I want, or is there any restrictions? I am just kind of confused so if anyone can add any other relevant information it'll be great. I'm also not sure how I can later get the money. I can buy the stocks on etrade but then after making some money can I transfer it to my bank account? Thanks guys! Cheers. Ok I think I was slightly misunderstood judging from the first answer. I am not interested in day swing, I can keep the stocks there for a year. I was just asking if I understand it correctly. Also, I think etrade has some policy about keeping stocks for a certain amount of time, correct me please? Like I said I wasn't referring to day trading or swing, just asking in general if my assumption is correct. Ads |
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Question about stocks on Etrade? - joe - 04-01-2014 10:10 PM
[] - Common Sense - 04-01-2014, 10:24 PM
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