I have recently started investing. On my first sale, I made a good profit, and now the stock I made the sale on has dumped back down to lower than I initially bought for, and it got me wondering:
Do you have one or two stocks you constantly buy and sell? They have a somewhat predictable range, and you can consistently depend on them to stay within that range. So you know if you buy at a certain price, it'll go up in a certain range, sell it, and then wait for it to drop again, rinse and repeat.
I'm just wondering if most people are constantly going for new stocks all the time or if you kind of stay within a small group and just wait for prices you like on them and are just constantly buying and selling the same stocks.
Edit: Thanks all of you coming in with some serious and insightful replies with some strategies that I can research as I learn more about how to do this thing
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