Thread: when its time to sell my stokcs?

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  1. #1
    DeloresLev
    Guest

    Default when its time to sell my stokcs?

    So I have been learning and self educating regarding Day Trading. My question is if I buy say 2000 shares in a company but they have available shares to be bought that no one has purchased yet will mine sell? I am looking at a company RAYS on OTCBB and it says it has 29.000,000 that are available (if I am reading that correctly) it is a volatile stock and if I bought It would I be able to sell my shares given the fact that there are millions more that can be bought without buying my shares?
  2. #2

    Default

    I think the key is "At What Price?"

    there may be millions of shares available, but they are not all available at a price that you would be willing to sell yours for. Your shares will only sell if someone is willing to pay your bid price
  3. #3
    DesmondAll
    Guest

    Default

    P.S. Gotta stick in the obligatory warning... daytrading penny stocks is a recipe for losing money... It's a rigged game, and you don't have the information that they do.
  4. #4

    Default

    Does the rigged part of it happen when you want to sell your stocks and no one buys them? My father day trades and seems to do well but I know that you have to know when to buy and when to sell. I am just wandering what is all of the catches to selling
  5. #5
    dimajap
    Guest

    Default

    DAY TRADERS don't generally trade penny stocks. They trade high-volume stocks trading on major exchanges that they know they can buy & sell quickly and with little slippage.
  6. #6

    Default

    It's a rigged game, and you don't have the information that they do.

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