Hey guys, I just came here and literally know nothing about it so please don’t get offended. Recently I was discussing stocks with my mother who was super interested and invested in stocks. I wanted to make some pocket change so I presented the idea of buying stocks of a very famous and reliable companies such as Tesla or Apple when they are below their avr value in anyway (let’s say we see the stock over a year’s time. I can see or just think I do that the the stock currently is below the avr dips and spikes combined) and buy like one stock (yes I’m poor). And straight up sell them when I earn a couple bucks profit. If I don’t and the stock dips then I would just let it stay there and sell them when it profits since it’s such a famous company. Apparently this is a terrible idea (prop some tweaker logic from me) and I have no idea why. What is preventing this from working? Btw I did try on the little simulation called marketwatch or something and I did turn a tiny profit.
Submitted September 15, 2022 at 03:12AM by Def_Sleepy https://ift.tt/J3UPGth
